Understanding Your SSI Application and Benefits
Florida continues to be the primary destination of recent retirees. The weather, the relatively low-cost of living, and no state income tax all make Florida an ideal location to spend your golden years. However, Florida, like the rest of the nation, is facing higher living cost, depreciating home values, and rising inflation. This trifecta can have serious consequences for someone on a fixed income.
Rising Scrutiny of SSI Applicants
The Social Security Administration has employed more scrutiny in terms of who will receive SSI and how much those benefits will be. Across all age groups, people receiving SSI are down but the 65 and older age group has seen the most precipitous decline.
Reasons why an applicant may be rejected usually come down to income and assets. However, with the factors listed earlier regarding rising living cost and depreciating assets, many eligble applicants are denied and must go through an appeal process. This often entails a legal process and will require competent and experienced representation.
As America and its econmoy continue to work through the effects of Covid and an economic shutdown that led to present economic conditions, we understand the challenges that lie ahead. We are happy to call Florida home and would love to work with you regarding your SSI claim.
