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2024 Trustees Reports and the outlook on Social Security and Medicare

2024 Trustees Reports and the outlook on Social Security and Medicare

Earlier this month, the Social Security Board of Trustees and the Medicare Board of Trustees released annual reports on the short and long-term financial status of the health of the Social Security and Medicare Trust Funds. Under the Social Security Act, the Social...
The journey of SSDI claims today  

The journey of SSDI claims today  

When an SSDI application is filed, a comprehensive claim review process begins to determine if the applicant will be awarded Social Security disability insurance (SSDI) benefits or if the claim will be denied. While the claim review process has not changed in many...
Social Security publishes ruling reducing past relevant work time period

Social Security publishes ruling reducing past relevant work time period

At the end of last year, the Social Security Administration announced a proposed change to the time period to be considered when deciding if a claimant’s past work is relevant when making a disability determination. It was a rare claimant-friendly proposal that saw...
Understanding the importance of financial literacy

Understanding the importance of financial literacy

Financial literacy has become increasingly important as the costs of everyday essentials rise alongside increasing inflation. Unfortunately, only about 57% of American adults are considered financially literate, with percentages trickling down by generation. Younger...