Since the surprise election of president-elect Donald Trump, many are not sure what it will mean for millions of Americans and how the U.S. will interact with the rest of the world moving forward. Another uncertainty stems from the fact the president-elect has not said much about what he intends to do with the Social Security Old Age and Retirement program and the Social Security disability programs.
While this may seem strange, the author argues that Trump will remove restrictions that will allow the oil and gas industry, particularly in West Texas, to raise the price at the pumps significantly. However, since the COLA is set according to the price of goods and services which will all go up if the price if oil and gas goes up a lot, the COLA will be adjusted upward. This is what happened during the George W. Bush administration.
Whether or not you believe that the price of every going up will not outweigh the COLA increase is another story, but this is certainly something at a least the author of this Fox News article believes is something to which those on Social Security disability benefits should pay close attention in the near future.
Regardless of your political beliefs and what this may mean to beneficiaries in the future, as our Boston disability attorneys can explain, the SSA is presently making it very difficult for new applicants to qualify for benefits as a means of saving money. It is not that they will admit to rejecting qualified applicants, but when you apply, you are likely to get a letter from SSA saying that you were denied for benefits because you are not disabled.
The letter will likely say that after a thorough review, the agency found that while you have some limitations that prevent you from working your old job, there are types of employment in the local or national economy in which you are capable of working. They will also likely say that they cannot tell if you work at your previous employment because they do not have enough information about your work history. The letter will also recommend you contact an attorney which might be the only true statement on the denial letter.
If you or a loved one is seeking Social Security Disability Insurance in Boston, call for a free and confidential appointment at (617) 777-7777.
Additional Resources:
This Trump Policy Could Positively Impact Social Security COLAs, November 26, 2016, By Sean Williams, Fox Business
More Blog Entries:
Worker Taxed Thousands for Social Security Disability Benefits He Never Received, June 21, 2016, Boston SSDI Lawyer Blog