Social Security Q&A: Support From Friend Could Affect SSI Eligibility, Amount

Q: Next month I’ll turn 65 and, because of my financial situation, I thought I’d be eligible for Supplemental Security Income. But my neighbor told me I’d be turned down because I have a friend who said he might help support me. Is this true? A: If your friend helps support you, it could have an effect on whether you get SSI and on the amount you receive. Whether you can get SSI depends on your income and resources (the things you...

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Social Security Q&A: Explaining How Retirement Benefits Are Calculated

Question: How are my retirement benefits calculated? Answer: Your Social Security benefits are based on earnings averaged over your lifetime. Your actual earnings are first adjusted or “indexed” to account for changes in average wages since the year the earnings were received. Then Social Security calculates your average monthly indexed earnings during the 35 years in which you earned the most. Social Security applies a formula to...

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Social Security Q&A: How Long Does It Take to Get a Child’s Card?

Question: I applied for my child’s Social Security card in the hospital but have not received it. How long does it take? Answer: In most states it takes an average of three weeks to get the card, but in some states it can take longer. If you have not received your child’s card in a timely manner, please visit your local Social Security office. Be sure to take proof of your child’s citizenship, age and identity as well as proof of your...

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Social Security Q&A: What Do I Report if I Get SSI Payments?

Question : What do I need to report to Social Security if I get Supplemental Security Income payments? Answer: You need to report any changes that may affect your payment amount. This includes changes in your income or resources. You must report changes of address, changes in your living arrangements and changes in your earned and unearned income. To learn more about SSI, visit our website at http://www.socialsecurity.gov/ssi . Q: How...

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Social Security Q&A: How to Report Address Change for SSI Benefits

Question: My father receives Supplemental Security Income. He recently moved, but he hasn’t reported his new address to Social Security yet. What’s the easiest way to do that? Answer: You can check your address online by using your personal my Social Security account at http://www.socialsecurity.gov/myaccount. It is very important that Social Security has your father’s most up-to-date information, including any change in income,...

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