Millions of Americans depend on Social Security benefits as their main source of income. Retired workers account for roughly 41.4 million recipients, while approximately 11 million Americans receive Social Security Disability benefits. With so many citizens dependent on the Social Security Administration’s (SSA) programs, the system’s failure to sustain itself financially is a serious threat to the stability of a large portion of households in the U.S.
In order to address the threat of funding for Social Security Disability benefits running dry within the next two years, legislators have drafted a bill that could help protect the SSA’s disability plan from financial ruin. According to an article from Insurance News Net, the bill would:
The bill will be examined and reviewed during future legislative sessions.
At Fleschner, Stark, Tanoos & Newlin, we understand the importance of preserving our nation’s Social Security Disability benefits program. That’s why our team of Social Security Disability lawyers is hopeful that—if approved—the bill will be successful in creating the funding the program needs.
Fleschner, Stark, Tanoos & NewlinN/a
The financial burden that often comes with a serious injury can be too much for many people to bear. Unexpected medical debt, damaged personal property, and the sudden loss of income can impact the budgets of most families. The good news is that a successful injury claim could help reduce that financial strain after a serious accident. Get in touch with a Terre Haute personal injury lawyer with Fleschner, Stark, Tanoos & Newlin to learn more.
© Fleschner, Stark, Tanoos & Newlin