Let Us Reintroduce Ourselves
As we welcome the New Year, we would like to remind you about the many services and practice areas available at Russo Law Group, P.C. Whether you have been a part of Team Russo for years or recently became a…
Social Security 2023 Update
SOCIAL SECURITY 2023 UPDATE SSI FOR NYS RESIDENTS Individual $1,001/month Couple $1,475/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $160,200 QUARTER OF COVERAGE Earnings Required $1,640/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,470 Blind $2,460…
The Differences Between Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI)
The social security law and benefit requirements can be very confusing! Many people mistakenly believe that SSI and SSDI are one and the same. This article will clarify the major differences between these two distinct programs. An estate attorney in…
What is My Estate Planning Trust Identification Number and Why Do I Need an Employer Identification Number (EIN)?
** This article has been revised from its original version which was published on July 9, 2018 A trust identification number identifies a trust, like any other legal entity, for tax purposes. You need a trust identification number in order…
Social Security 2022 Update
Social Security 2022 Update SOCIAL SECURITY 2022 UPDATE SSI FOR NYS RESIDENTS Individual $928/month Couple $1,365/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only)$147,000 QUARTER OF COVERAGE Earnings Required$1,510/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,350 Blind…
SSA False Accusations Against SSI Recipients
Since 2018, thousands of recipients of Supplementary Security Income (SSI) have been receiving correspondence from the Social Security Administration (SSA) falsely claiming that the recipient owns properties that make them ineligible for SSI. As a result, the SSA has been…
How Secure Is Social Security?
If you are wondering about the future of Social Security, you are not alone. Many of us can surmise that Social Security may see its shortfalls and challenges eventually, but what is the actual prognosis? The Federal government contends that,…
Social Security 2021 Update
SOCIAL SECURITY 2021 UPDATE SSI FOR NYS RESIDENTS Individual $881/month Couple $1,295/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $142,800 QUARTER OF COVERAGE Earnings Required $1,470/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,310 Blind $2,190…
Is your disabled child maximizing his or her Social Security benefits?
In my many years of practice, I have found that not every parent is aware of all of the benefits to which their disabled child may be entitled. Social Security has additional benefits available to Disabled Adult Children (DAC) who…
Social Security 2020 Update
SOCIAL SECURITY 2020 UPDATE SSI FOR NYS RESIDENTS Individual $870/month Couple $1,279/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $137,700 QUARTER OF COVERAGE Earnings Required $1,410/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,260 Blind $2,110 Trial…