These projections have indicated that, by 2033, the Social Security Trust Fund will be depleted and further and current beneficiaries are in limbo. There are primarily two main pillars among which are the Old-Age and Survivors Insurance (OASI) Trust Fund, and the payroll taxes. However, the current payroll taxes can never cover all benefits provided. … Read more
The US Social Security Administration contributes to about 70 million people every month. These include the retired, disabled, and family members of employees who have long become part of heaven. Since the number of recipients is high, as well as the type of benefits received, the Social Security Administration staggered payments on different dates within … Read more
The Social Security Administration has confirmed that a triple SSI payment schedule for the end of the year will take place. For the SSI recipients, the end will manifest itself in two payments within the month of November while the third payment is in the form of an extra advance on 31st December. It aims … Read more