Social Security has benefitted hundreds of millions of Americans since its start in 1935. From retirees to those suffering from debilitating disabilities, Social Security provides monthly funds to ensure as many people as possible have sufficient means to live. For many Americans, however, there is great worry about the future of the Social Security program.
Will there be any changes in the SSDI/SSI benefits program in the future?
SSDI (Social Security disability insurance) and SSI (Supplemental Security Income) comprise a large portion of Social Security’s benefits. Because so many people receive Medicaid/Medicare through these programs, it is only natural to be worried about the program's future.
While Social Security itself is definitely not going anywhere, there are always smaller alterations that are made to the program on a regular basis.
One of the most common changes made to these programs every year is an increase based on the Cost-of-Living Adjustment (COLA). While the amount of the adjustment varies every year according to a complex formula, the idea is very simple: when the cost of living rises, so do Social Security benefits. Depending on how much an individual receives through SSDI/SSI, they receive a percentage increase in monthly payments based on the COLA. Some years, however, there is no COLA and no adjustments are made to Social Security benefits (2016 is one of those years).
Aside from this and other minor, occasional adjustments, there are no changes that can too drastically alter Social Security from year to year. As of right now, there are also absolutely no plans in progress to remove Social Security benefits from Americans altogether. If you or a loved one currently receives SSDI, do not fear — your benefits will not disappear!
Consulting with a Social Security Attorney
Social Security is a complex organization that can be overwhelming to understand and apply for. However, with the help of a Social Security attorney, things get a lot simpler.
Social Security attorneys are well-versed in all aspects of SSDI/SSI benefits and proceedings. They can help recommend documentation to provide, edit your application, present your case favorably, and fight for your right to receive the benefits you deserve. In fact, applicants are statistically far more likely to receive benefits when they are represented by a legal professional.
If you are interested in filing for Social Security or have questions about the process, consider speaking with a Social Security attorney today.
