Comprehensive Legal Assistance: The SSD Attorney Bucks County Deserves
The social security program is critical, offering all kinds of benefits and programs for people in need. If you are disabled and struggling to work, you may be able to benefit from social security. This is why it’s important that you know as much as possible about the programs.
Do you need the Social Security Bucks County uses most? If you are in the area and want to receive benefits, you should consider your options. The Social Security Administration (SSA) offers a number of benefits, including disability benefits, spousal benefits, survivor benefits, children’s benefits, and supplemental benefits for people 65 or older, blind, or disabled
At Chermol & Fishman, LLC, we can guide you throughout the complicated process. We understand the ins-and-outs of these often confusing applications and appeals procedures.
With our attorneys, you will have a much better understanding of the social security benefits process.
Let’s first start with the basics of social security.
SSD Lawyer Bucks County
Social security is a program where public funds are used to offer a degree of economic security for qualified recipients. It was established by the government of the United States in the year 1935 to provide disability, old age, and survivors insurance. It also provided supplemental security income and income for elderly or disabled people.
Employers, as well as employees, have to pay social security taxes to the government. The funds raised by these taxes are used for providing benefits to those who are eligible. You can contact an experienced SSD Attorney Bucks Countyexpert to learn if you may qualify.
Social Security Number and Card
The social security numbers were created for the social security program. Now, however, they have become a crucial part of our personal identities. These numbers are used by various financial companies in healthcare, employment, taxes, and more.
A social security number partially indicates your Social security Office Bucks County location. On your card, you will notice that there are nine digits.
The Social Security Administration (SSA) explains this number as follows:
- The first set of 3 digits denote the Area number
- The next set of 2 digits is called the Group number
- And the remaining set of 4 digits is the Serial Number
The area number has information related to the zip code of the person’s mailing address. The group number is assigned in a particular order “for administrative reasons.” The last four digits, however, are merely serial numbers assigned in a randomized way to prevent anyone from stealing your information.
Start Collecting Social Security Benefits When Needed
Social security benefits vary depending upon the age you start receiving them. For instance, if a person begins receiving benefits at age 62, the monthly check amount will be lesser than if benefits were received at age 65 or 70.
The amount and time of base benefits are calculated by government actuaries, through information such as the lifespan of an average American. This is why it’s important you consider your full retirement age, and other factors, before receiving benefits.
The Full Retirement Age (FRA) is also known as the ‘normal age retirement.’ It is the age at which a person becomes eligible for full social security benefits. Disability is also an important factor. A person with a disability should contact the Social Security Disability Lawyer Bucks Countytrusts most.
The FRA used to be 65 years for everyone. Following the Social Security Amendments of 1983, however, the retirement age has been increased from 65 to 67.
Factors Affecting Social Security Benefits
How much you receive depends on:
1. Your age
If you start getting benefits as early as 62, the benefits could be reduced for the rest of your life. If you take delayed benefits, your monthly check amount is obviously going to be more. It is the same amount, just spread out accordingly.
The SSA takes into account the 35 years during which you earned your highest income. This is how the administration calculates your Average Indexed Monthly Earnings. They then use a formula to see how much you will be paid.
3. Whether you worked for the government
If you were a government employee and received a pension, a different formula will be used to calculate your social security benefits.
Being married gives you an advantage as far as the social security benefits are concerned. You can take spousal benefits, worth up to 50% of the other spouse’s benefit. For instance, if your benefit is worth $3,000, but your spouse’s benefit is only worth $1000, your spouse can switch to a spousal benefit worth $1,500—bringing in $500 more in income per month.
However, this calculation may change if you take the benefits before the full retirement age. That means, if you take the spousal benefits before FRA, it won’t be equal to 50% of the amount. Also, note that you cannot apply for a spousal benefit until your spouse has applied for his or her benefit. An experienced disability Attorney Bucks Countyexpert can guide you through this decision-making.
Remember: you don’t need to take social security benefits just because you are retired. If you can live without these benefits until you reach 70, you will ensure the maximum payment for yourself. When it comes to spousal benefits, you can lock in the maximum spousal benefit as well.
However, only do this if you have enough income to sustain yourself happily and healthily.
If you have any questions or concerns, consult the attorneys at Chermol & Fishman, LLC. We are dedicated to helping people receive their social security benefits without the hassle. We can represent your case before the court too if need be.
If you are looking for experienced and highly qualified Social security attorneys in Bucks County, speak to lawyers from Chermol & Fishman, LLC, to access top-tier legal help.