The Social Security Administration has started making progress in reducing the time for review and approval of claims for Social Security Disability benefits. Charge Off: A debt or loan that is no longer deemed as collectible by the creditor, and hence, the account is transferred to the category of bad debt or loss. For example, a 40 year-old Claimant who became disabled in 2003 would have had to have worked and paid FICA taxes for at least 10 years during his lifetime, and for at least 5 years between 1992 and 2002.social security administration

Social Security pertains to a social insurance program which gives assurance and protection against adverse social conditions like poverty, unemployment, discrimination, disability and old age. And after the necessary analysis has been conducted, provided that a person meets the social security administration’s standards of eligibility, their claim will be approved and they can then look forward to receiving … Read More...