In 2011, the SSDI trust fund received $106.3 billion, mainly from the 0.9% tax on wages that workers and employers both pay. Total payments made from the SSDI trust fund were $132.3 billion and for the benefits of disabled workers and their families, resulting in an annual deficit of $26.1 billion in 2011. The cumulative assets in the disability insurance trust fund totaled $153.9 billion at the end of 2011. Administrative expenses were 2.2% of outgo from the DI fund and the remaining portion paid for benefits.
A mortgage is an accepted legal recourse wherein a person makes his personal (movable) or real (immovable) property as a...
Not all legal transactions are personally entered into by a person. Some of these transactions are through an agent known...
The Social Security test of disability is very strict and to be eligible for DI benefits, the Social Security law...