A Simple Tip To Boost Social Security Benefits By $800
Inflation sure did inflict some heavy blows to benefits in Social Security, including the amount of coverage to its beneficiaries in the United States. Prices of commodities have surged significantly by six percent in the past year alone. Putting things into perspective, inflation stagnated to almost zero for the better part of the last ten years, and in less than a year, prices have skyrocketed in nearly each of the major categories. A good example is the grocery prices that went up by 12 percent in several categories.
COLA 2022’s 5.9% may not be enough for some
To ease things up, the cost-of-living adjustment (COLA) for 2022 will be up by 5.9 percent, which is the largest tweak in the last four decades. Albeit such an increase, some still need additional funds to make ends meet. That said, here are some tips to substantially boost one’s income.
All about timing
An essential factor in determining a person’s Social Security benefit is timing. That said, the timeliest one can get in filing for the program’s benefits is by the time that individual has reached the age of 62, with age 70 being the latest. Americans are well-aware, though, that there’s a catch to this. Early filing of it would only yield lesser benefits. However, waiting for the ripe age of 70 would result in them receiving the maximum benefits, GBR writes.
Further, delayed retirement credits are some sort of reward that Social Security provides its recipients with for putting off claiming an individual’s retirement benefit. These credits start to stack up the month a person reaches their retirement age of 66 years and four months for people born in 1956, as this slowly increases to 67 for folks born in 1960 and above.
Additionally, these credits accumulate through age 69, though this may seem to work in reverse if one decides to get the benefits earlier.
The Social Security Administration stated that if a worker starts getting benefits prior to his/her full retirement age, that worker is said to be getting a reduction in benefits. The program stated that a worker can opt to retire as early as 62, though doing such may ensue a benefit reduction to as much as 30 percent.
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37 Year Old Ryan Marlow Loses His Grandmom; What Claimed Her Life?
Ryan Marlow, a pastor from Wilkis County lost his grandmother Margie recently. This news was confirmed by his wife Megan Marlow.
Ryan Marlow’s Passes Away
The North Carolina pastor who has been in a coma since late September 2023 due to a swelling in his brain is being under extensive medical care.
Although his condition has improved he is still in a coma. His family members are already under deep stress because of his condition and now his grandmother’s sudden death has shattered them.
Marlow was deeply attached to his grandmother. Her death has shocked him as well since he has started responding to various things. Therefore, it will be safe to say that he has an idea that his grandmother has passed away.
The worst part is he is unable to express his grief verbally due to his physical condition. It is worth noting that Ryan Marlow has been receiving home healthcare. He was admitted to the hospital last month when he contracted a food-borne disease.
Doctors discovered that Ryan had another UTI which is the primary reason behind the dramatic increase in his muscle tone. But fortunately, he has been recovering quite well.
His wife recently revealed that Ryan Marlow is getting stronger on the right side and is even making efforts to speak. In fact, he was once declared dead by the doctors but he came alive which was nothing less than a miracle.
How Did Ryan Marlow’s Grandmother Die?
Well, as announced by his wife Megan Marlow, his grandmother Margie was hospitalized for a few days back in their hometown.
She was diagnosed with pneumonia. Her condition deteriorated, ultimately leading to her death. It is really saddening that Eyan Marlow won’t be able to attend his grandmother’s funeral.
Her death in the early hours of January 20, 2023, has left everyone shocked. Many people are posting condolence messages over various social media platforms.
People who knew Margie termed her to be a sweet and thoughtful lady. She was a loving and caring mother, wife, and grandmother.
She was fond of Ryan and was heartbroken when he went into a coma. He has been receiving healthcare in Tennessee for a few months therefore the grandmother-grandson due could not meet each other for the last time.
It is not known if Megan will attend Margie’s funeral since she has the one taking care of Ryan. She will probably not be able to leave him alone.
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Dave Silverbrand, the Reputed Hournalist Died at the Age of 76
The renowned journalist from King City, California, Dave Silverbrand left for his heavenly abode on January 6th, 2023. The heartbreaking news of his sudden departure was revealed by the North Coast News. The news channel has shared its heartfelt condolences to Silverbrand’s family and loved ones.
Dave Silverbrand was suffering from a major illness in his lungs for the past few months and breathed his last at the St. Joseph Hospital surrounded by his family members. Silverbrand’s memories will stay vivid in everybody’s mind when in terms of journalism whether it is print or television. His followers have been devasted by the untimely departure of the great soul.
Who is Dave Silverbrand?
Dave Silverbrand was a recognized journalist, author, and TV personality in the USA. He has contributed much to the field of journalism which reflects his high intellect and knowledge. Silverbrand was born in King City, Salinas, California on August 13, 1946. After completing high school, he attended San Jose State to pursue journalism.
Soon after graduating, Silverbrand started working as a news reporter at a local channel of Marine. He gradually earned popularity and secured a job at the WGME 13 channel in Portland, Maine. The journalist worked at the channel for more than 20 years. Eventually, he started liking events with human interests. This ultimately inspired Silverbrand to write his popular book Dave’s People: A Maine Television Adventure that got published in 1982.
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Dave Silverbrand’s second book Marvelous Mainers was released in 1984. He also wrote a regular column with the name Dave’s People in Times-Standard. He received much recognition for his feature-style writing. Silverbrand’s contribution to North Coast News is unmatchable in both print and television. He has worked on other channels such as KAEF TV and Access Humboldt channel. Along with that, he also taught journalism at the College of the Redwoods.
How did Dave Silverbrand die?
Dave Silverbrand was admitted to the hospital before Christmas 2022. He was getting treated with fluid in the lungs. The situation got severe in recent times and the beloved journalist breathed his last on 6th January 2023. As per the reports, a public funeral has been organized for the departed soul at St. Bernard Catholic Church in Eureka on January 13 where Silverbrand’s family and friends are expected to be present.
Nina Winogradov, Silverbrand’s wife passed away before him in 2013. She died in an accident near a Eureka-based middle school. The couple spent 20 years together with love. Dave Silverbrand, the journalist who ruled his profession in the 1970s and 80s died at the age of 76 leaving his legacy behind.
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Inflation And Bills Surge – US Seniors Call For Stimulus Checks
Inflation is a growing concern that has made even the basic amenities quite expensive and out of reach for many. Continuous rise in the prices of fuel, food, and other basic necessities is a concern for both working individuals and seniors. Seniors have called for stimulus checks on this red-hot inflation with the continued bill surge.
Bills Surge And Inflation Are Ever Rising
In a report by The National Interest, Americans are facing high inflation even in 2022. The Consumer Price Index is skyrocketing rapidly year after year, making a hole in the pockets of commoners.
CNBC reported that approximately 20% of Americans struggled to pay their energy bill in full at least once during the last year. Fuel oil is roughly 40% more expensive than last year, electricity prices have risen by 6.3%, and natural gas prices have risen by nearly 25%.
This rise in fuel and energy prices has forced around 18% of Americans to keep their house at a temperature considered unhealthy and unsafe. Additionally, around 28% of Americans were forced to skip the necessities due to the inability to pay off the bills.
Struggle Of Seniors Is Still Here
Seniors who rely on Social Security for a living are bearing several issues due to rising energy prices. Beneficiaries did receive good news last fall when the Social Security Administration approved a 5.9% cost-of-living adjustment (COLA) for this year, which will increase Social Security payments by about $90 on average.
However, some experts believe that raises are still insufficient in the current environment.
On this dire issue the Social Security and Medicare policy analyst, Mary Johnson, for the Senior Citizens League, stated, “Social Security benefits have lost nearly one-third of their buying power, 32 percent, since 2000, about the length of a typical retirement.”
Need And Demand Stimulus Checks
Based on the various issues stated, the Senior Citizens League has been on its tiptoes and campaigning for months with the help of the petitions to get approval for the fourth round of the Stimulus Checks. The demand is to directly get $1400 in the accounts of the Social Security Recipients.
In addition to this one petition, six more stimulus check petitions are circulating with an estimated five million signatures.
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