What About Social Security? Should African Americans Wait On SSI Benefits

SSI

The truth about Social Security, primarily there exist many misconceptions and myths about the benefits. Quite frankly, I myself would not encourage anyone to remain in the old paradigm of working 40 hours a week retiring on 40% of that income after a 40-year work career. In our day and age, it is far too much information on financial literacy which would behoove our people to take advantage. Particularly those who have been sold the dream of their job enriching them and bringing them wealth, which is pretty much a mirage in today’s capitalistic economy. Many opportunities exist to help our people gain financial stability, but hard-work, discipline and persistence must be at the forefront if people wish to benefit from any opportunity. Nevertheless, I realize during the journey of entrepreneurship that many people have no desire to be self-sufficient. With that being said, I would encourage people to acquire their income benefits from the Social Security Administration if they ever reach the age requirement for retiring, which can be ascertained at their website. Surely, myself and others have known many family members who have worked and died and never received their SSI furthermore, most are unaware not only can a Spouse or Widow receive

Nevertheless, I realize during the journey of entrepreneurship that many people have no desire to be self-sufficient. With that being said, I would encourage people to acquire their income benefits from the Social Security Administration if they ever reach the age requirement for retiring, which can be ascertained at their website. Surely, myself and others have known many family members who have worked and died and never received their SSI furthermore, most are unaware not only can a Spouse or Widow receive

Nevertheless, I realize during the journey of entrepreneurship that many people have no desire to be self-sufficient. With that being said, I would encourage people to acquire their income benefits from the Social Security Administration if they ever reach the age requirement for retiring, which can be ascertained at their website. Surely, myself and others have known many family members who have worked and died and never received their SSI furthermore, most are unaware not only can a Spouse or Widow receive benefits but the Child can as well. The statistics from the SSI website states, 98 of every 100 children could get benefits if a working parent dies. Social Security pays more benefits to children than any other federal program. In fact, under a special rule, if you have worked for only one and one-half years in the three years just before your death, benefits can be paid to your children and the spouse who is caring for the children. Survivors Insurance exists also in addition to payments for surviving divorced spouses. If you have been divorced, your former wife or husband who is age 60 or older (50-59 if disabled) can receive benefits if the marriage duration was at least 10 years. Your former spouse, nevertheless, does not have to meet the age or length-of-marriage rule if he or she is caring for his/her child who is younger than age 16.

Contrary to popular opinion statistics prove African Americans have the highest adjusted gross income from the workforce and any extra monthly income could only assist. Information from the website also explains that there is a one-time payment of $255 that can be compensated when you die if you have worked long enough. This payment can be made only to your spouse or child if they apply within 2 years of the time of death. Conspiracy has it the government has exhausted the funds allocated to the Social Security Account, so I suggest the people begin to hold the U.S. accountable to its obligations and create and account @ http://www.ssa.gov/ so the government begins to realize the people will hold them to their obligation as they do us. You can calculate your estimated monthly benefits and find the age in which you can collect on their website http://www.ssa.gov/retire/estimator.html. Truthfully, I feel

If you have been divorced, your former wife or husband who is age 60 or older (50-59 if disabled) can receive benefits if the marriage duration was at least 10 years. Your former spouse, nevertheless, does not have to meet the age or length-of-marriage rule if he or she is caring for his/her child who is younger than age 16. Contrary to popular opinion statistics prove African Americans have the highest adjusted gross income from the workforce and any extra monthly income could only assist. Information from the website also explains that there is a one-time payment of $255 that can be compensated when you die if you have worked long enough. This payment can be made only to your spouse or child if they apply within 2 years of the time of death. Conspiracy has it the government has exhausted the funds allocated to the Social Security Account, so I suggest the people begin to hold the

U.S. accountable to its obligations and create and account @ http://www.ssa.gov/ so the government begins to realize the people will hold them to their obligation as they do us. You can calculate your estimated monthly benefits and find the age in which you can collect on their website http://www.ssa.gov/retire/estimator.html. Truthfully, I feel sound advice is golden honesty is the best policy, I would encourage our people to develop business skill set, build investment portfolios and home business instead of relying solely on the government (Economist Dr. Claude Anderson) lays out a sound strategy to get African Americans thinking . MLM/Network Marketing and Real Estate Tax Lien investments are also a great alternative to those who do not have much investment capital to start, it is vital that we begin to understand the Industrial age is over and jobs with full benefits that suffice an entire household are rare and arguably non-existent.

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