Now Social Security is sending out updated statements to help workers plan their financial futures. Look for yours about three months before your next birthday. The representative is part of a pilot project aimed at helping disabled beneficiaries get back to work without losing their cash benefits and medical insurance. After the pilot is completed, in six to eight months, employment support representatives will be stationed in additional offices. Families who can t afford health insurance for their children now have a place to turn.
Every state has a program to provide free or low-cost health insurance for kids.
This year s 3.5 percent increase insures that Social Security beneficiaries won t lose their buying power because of inflation. Adjustments are automatic, every year. If you're getting monthly checks from Social Security you should know about direct deposit. With direct deposit, your monthly check goes directly to your savings or checking account at your bank or savings institution. It's the safe, easy, convenient way to make sure you always get your benefits on time.