Social Security

Social Security disability claim form and Social Security card

In 2015, the number of individuals receiving Social Security Disability Insurance (DI) benefits began to drop for the first time in two decades.  This drop was caused by a wave of terminations, as beneficiaries aged into the Old-Age and Survivors Insurance (OASI) program, combined with a steep decline in the incidence rate (the number of…

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Social Security reduces poverty, stabilizes household finances, and can even support a beneficiary’s extended family. But drill down to a single month in the life of a low-income retiree or someone on Social Security disability, and a picture of hardship comes through. Researcher Madelaine L’Esperance at the University of Alabama found that financial problems build…

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