Written by Jinky C. Mesias

There have been many discussions regarding social security but just what social security means. The term social security pertains torepparttar benefit payments provided to workers and their dependents who qualify as beneficiaries underrepparttar 137680 old-age survivors and disability insurance programs ofrepparttar 137681 social security act. The social security replaces a portion ofrepparttar 137682 earnings lost as a result of retirement, disability or death. The social security is designed to provide benefits that will be able to replacerepparttar 137683 greater percentage of earnings especially of lower-paid workers. The social security is truly a pro-poor program. One ofrepparttar 137684 coverage offered byrepparttar 137685 social security is Medicare, which is a great help torepparttar 137686 poor.

Medicare isrepparttar 137687 federal government’s hospital and medical insurance program especially designed for people age sixty-five and above. The Medicare benefits is not dependent onrepparttar 137688 social security that is why you may be able to get hold of your Medicare benefits even without your social security. Medicare also provides limited insurance benefits and therefore may no cover all medical expenses however, having a Medicare supplement is much better than not having it at all since it can provide extra medical protection for medical expenses that may not be covered. Medicare benefit


Written by Jinky C. Mesias

Two things in this world are sure and these are living and dying. The living part benefits of Social Security comprises of disability benefits, retirement benefits and Medicare Health Benefits. The death benefits of Social Security is embodied in its survivor insurance package whereinrepparttar family ofrepparttar 137679 deceased Social Security member is givenrepparttar 137680 deceased retirement benefits in order to help them continue with their lives. Aside from that, in most casesrepparttar 137681 survivors insurance is probably more thanrepparttar 137682 value ofrepparttar 137683 deceased life insurance. By now, you are probably thinking just how you may be able to earn social security survivors benefits. The first thing to do is of course to become a member of social security and then you have to work in order for you to earn enough Social Security credits. A social security member can earn up to four credits each year. These credits will berepparttar 137684 basis forrepparttar 137685 survivor benefits that would be given torepparttar 137686 family ofrepparttar 137687 deceased social security member. In addition,repparttar 137688 survivor benefits to be given torepparttar 137689 family ofrepparttar 137690 deceased social security member will also depend onrepparttar 137691 age ofrepparttar 137692 member atrepparttar 137693 time he or she died. For social security members who died at a young age, fewer credits are allotted forrepparttar 137694 family and would therefore render them a much lower survivor benefits. The survivor benefits will also depend onrepparttar 137695 working years ofrepparttar 137696 social security member. In addition, each member ofrepparttar 137697 social security is allowed to have not more than forty credits which is also equivalent to ten working years.

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