There has been frequent talks over the social media regarding $4200 social security for the people with low income. This news raised high hopes among the people with low income. But there has been no truth associated with it and also there is been no official release of any notice regarding this. So people have considered this as a misleading rumour.
WHO ARE ELIGIBLE FOR SOCIAL SECURITY BENEFITS
A certain eligibility criteria has been laid down by the US government for receiving social security benefits. Few of the eligibility criterias and listed below.
- A person should be at least 62 years old to avail the benefits of social security and more the age of a person the more social security amount he or she will receive.
- Work credit also affect the social security. If a person has very good work credit then he or she can receive a good amount of social security depending upon his age.
- As this social security amount is for the people with low income so there has been a lot of restrictions on the annual income level of the person. For a individual the total asset must not exceed $2000 where is for a couple the total asset must be around $3000.
APPLICATION PROCESS
People can easily apply through online mode by visiting the official website www.ssa.gov. After visiting the official website people need to register and then they have to fill the form for the social security benefits and have to fill the necessary details. After the submission the applicant needs to wait for the SSA to review the application and after reviewing the SSA gets back to the applicant.
CONCLUSION
This information has increase the excitement among the Americans but people need to remember that there has neither been any official notice nor any confirmation has been