By Steve Perrigo Editor’s Note: It would surprise many employees to know they already have access to disability coverage. If you’ve paid FICA taxes for five of the last 10 years, your Social Security Disability Insurance policy is paid up. Two years into a pandemic and the changing economy and Great Resignation forced U.S. employees…
By Matthew Imhoff The Social Security Administration made changes to the Social Security Disability Insurance application and hearing processes during the pandemic. This podcast transcript summary reviews the impact of these changes — many of which are positive. The Social Security Administration was not immune to COVID-19. Like every other aspect of life that…
By Michael Mattison There’s been a lot of buzz around the industry about the recently introduced Social Security Act 2100. If passed, this bill would: Eliminate the 5-month waiting period for SSDI benefits Provide caregiver credits for individuals that left the workforce to care for children or other dependents Extend student benefits…
By Michael Mattison Editor’s Note: The Social Security Administration was not immune to COVID-19. Like every other aspect of life that changed with the pandemic, the SSA needed to pivot in order to serve the public. While this was a daunting task, the organization transitioned into an almost entirely remote workforce over the span of…
Employers are offering more and more voluntary benefits—and workers want these benefits. A recent study showed that nearly one third of eligible employees were signing up for voluntary offerings (that’s a higher participation rate than in earlier years). Amy Hollis is the national leader of voluntary benefits for HR consultancy Willis Towers Watson. She recently…
By Melissa Thomas, Vice President, Strategic Partnerships at Citizens Disability INTEGRATION. Many people who are part of Generation Z (individuals born between 1995 and 2010) believe Social Security retirement benefits won’t exist when they’re ready to leave the workforce. And, they’re wrong. Chances are high that Social Security will survive for future generations — and that’s in…
What Every Employer Should Know About Social Security Disability Insurance
An Employer’s Guide to Understanding Social Security Disability Insurance
Over half of the American population has less than one month’s income put aside for emergencies. Around 40% of Americans are not able to meet an unexpected expense of $400. You can financially prepare for the possibility of disability. The first step is realizing there’s no good excuse for not seeking out disability insurance.
The Social Security Administration recently announced that there is no cost-of-living adjustment in 2016. This means there will be no increase in the Social Security disability and Supplemental Security Income benefits in 2016. Here, we talk about what you can do to protect yourself financially in 2016.
