Boost Social Security Checks By Tapping IRAs Early, Suggests Study

According to a recently published study, Social Security Payments could be inflated by withdrawing early from workplace automatic individual accounts or auto-IRAs.

By beginning auto-IRA payments from ages 62 and 66, you could delay claiming Social Security until 67 to collect Social Security benefits fully, according to report on the Pew Charitable Trust published yesterday.

The increase from utilizing auto-IRAs to delay Social Security benefit collection can be “significant,” the report noted.

“The worker who starts collecting at age 62 would receive $700 a month, compared with $1,000 for the worker who waits until age 67,” the study explained.

The Pew Charitable Trust details that every year past age 62 that someone delays Social Security increases their monthly check by about 8% until age 67.

“Delaying the start of these payments can be especially advantageous to married couples, because when the recipient dies, the surviving spouse continues to receive the higher of the two spouses’ benefits whether or not he or she was the primary earner,” Pew stated.

Keep in mind; this strategy isn’t meant for just anyone:

“Some may be unemployed or underemployed, and need the income; others may face the possibility of dying early, and therefore might not benefit from delaying the start of Social Security,” said Pew.

The recent report also explained that some could need to collect Social Security before the normal retirement age due to health complications that aren’t serious enough to qualify for Social Security Disability Insurance.

 

 

https://www.forbes.com/sites/tedknutson/2018/03/22/social-security-payments-can-be-boosted-by-tapping-auto-iras-early-says-study/#364a17c233d4

Overview of Social Security & Applying for Benefits

According to ssa.gov, Social Security was created in 1935 by President Roosevelt as a federal program. Before the enactment of social security, each state and local government was responsible for the welfare of the elderly. In the 1920s and 1930s, the economy had shifted due to industrialization and war; many people were unemployed and poverty-stricken. The Great Depression era was hard for nearly everyone, but the people who were hit the hardest were the elderly and disabled due to inability to work. The Social Security Board was created to help enroll the elderly into the program to receive payments. The Social Security entity did not only extend eligibility to the elderly but to the unemployed, blind or disabled, and children.

Applying for social security benefits is done online at ssa.gov or in person at a local Social Security office. Applications included are for retirement, Medicare, and social security disability benefits. If unable to apply online, call 1-800-772-1213 (TTY 1-800-325-0778). The person must be a United States citizen to apply and meet all criteria to receive benefits. The original birth certificate is needed or a certified copy of the original. Proof of citizenship is needed if not born in the United States. Proof of income from the previous year is needed. Documents to prove income include last year’s employment tax return or a copy of W-2 forms.

Retirement or spouse’s retirement has an age requirement of 61 years and 9 months. When an applicant is 65 years old and requests benefits, Medicare is automatically included in the benefits. Medicare is health insurance created for the elderly in 1966 under the Social Security act created by President Roosevelt. The Centers for Medicare and Medicaid Services oversees the healthcare benefits given to Medicaid patients.

In conclusion, Social Security was created to help people in need of assistance in the United States. It was created in response to the Great Depression and enacted under President Roosevelt in 1935. People over 65, those that are disabled may apply online, by visiting socialsecurityofficesnearme.com, or in person at the local office the program for assistance. More information can be found in the links below.

References & Resources:
https://www.ssa.gov/planners/retire/applying5.html 
https://www.ssa.gov/history/briefhistory3.html
https://postallocationsnearme.com/

Information on Reckless Driving Laws in Virginia

Virginia, like other states in the United States, has its own set of reckless driving laws. Drivers can be arrested and convicted for driving recklessly when they are traveling at a speed or manner that can endanger the life of a person, cause serious injury such as loss of limb or cause significant damage to property.

Various Traffic Laws Regarding Reckless Driving

The law includes 13 traffic violations that fall under the category of reckless driving. If these are proven, it automatically means an individual was recklessly driving. These laws include the following:

• Driving with faulty brakes or without control of a vehicle per Va. Code Ann. 46.2-853
• Passing unsafely on a curve or hill crest per Va. Code Ann. 46.2-854
• Driving with too many people in the front seat that it interferes with the driver’s view and ability to properly operate the vehicle per Va. Code Ann. 46.2-855
• Passing alongside two vehicles on a road that includes less than three lanes in either direction per Va. Code Ann. 46.2-856
• Driving alongside another vehicle while traveling on a road with a single lane per Va. Code Ann. 46.2-857
• Passing at a railroad crossing on a one-lane road per Va. Code Ann. 46.2-858
• Failing to stop when approaching a school bus that is stopped per Va. Code Ann 46.2-859
• Not properly using turn signals per Va. Code Ann. 46-2.860
• Traveling at an unreasonable speed regardless of traffic conditions and circumstances and ignoring posted speed limit per Va. Code Ann. 46-2.861
• Exceeding the speed limit by at least 20 mph or driving faster than 80 miles per hour per Va. Code Ann. 46-2.862
• Not properly stopping before entering a highway from a side street per Va. Code Ann. 46-2-863
• Racing another vehicle per Va. Code Ann. 46-2.865
• Entering a “HOT” (high occupancy toll) lane while crossing a barrier, buffer or other type of separator

Penalties for Reckless Driving in Virginia

Generally, the penalties one faces for reckless driving in the state of Virginia depend on certain factors. However, it is typically charged as a class 1 misdemeanor and individuals convicted of reckless driving can face as long as six months in jail and possibly a fine of $1,000. If the offense included using a cell phone unlawfully, the individual faces an additional fine of $250.

In addition, the individual can see their driver’s license suspended for up to six months. They can also expect four or six points placed against their driving record. With an offense that includes street racing, the license is suspended for six months to two years and the vehicle may be ordered for forfeiture.

If you are arrested on charges of reckless driving in Virginia, it’s important to speak to a skilled reckless driving attorney in Virginia. It’s your best bet for having the charges against you reduced or even dropped.

Source: http://www.drivinglaws.org/resources/traffic-tickets/traffic-laws/reckless-driving-virginia-misdemeanor.htm

Commonly Misused and Abused Drugs in America

Opioid Pain Relievers

Opioids are a class of drugs which reduce or eliminate pain; prescription painkillers are used to treat pain associated with cancer, arthritis, and other degenerative conditions. They also reduce pain from acute pain related to injuries, surgery, or dental work.

Opioids include prescription medications oxycodone, morphine, fentanyl, and codeine as well as the illicit drug heroin. There are varying classes of pain relievers, such as nonsteroidal anti-inflammatory drugs such as ibuprofen and opioid analgesic; each type with different advantages and adverse effects. Pain treatment, regardless of acute or chronic, should be individualized for the patient and evaluated at frequent periods, and non-medications alternatives should be seriously considered.

The use of prescription-based opioid painkillers puts patients at risk of overdose, physical dependence, and addiction. A serious evaluation of whether or not someone should use a prescribed opioid painkiller needs to occur. Those who abuse opioids commonly adjust the method of administration and will snort or inject the substance to potentiate its effects. The use of opioids, whether alone or in combination with other substances), may cause drowsiness, confusion, and slow or stopped respiration which could lead to overdose and potentially death.

Opioid misuse and abuse has risen dramatically in the past few decades and is now considered a public health epidemic in the United States. From 1993 to 2013 the chance of death from prescribed opioid overdose almost quadrupled. Deaths from heroin have similarly seen huge increases since 201, with a 40% increase from 2012 to 2013.

 

Over-The-Counter Drugs

Over the counter, drugs do not need a prescription. Several OTC drugs include substances that can be abused. Here are some resources for drug rehab centers in major cities across the U.S.:

 

Psychiatric Drugs

Psychiatric drugs are given to patients by health care practitioners to address mental illnesses such as depression, schizophrenia, bipolar disorder, attention-deficit hyperactivity disorder, and anxiety disorders. Typically prescribed medications that are abused are sedative medications in the drug class named benzodiazepines, which include alprazolam (Xanax), clonazepam (Klonopin), and diazepam (Valium), and the antipsychotic medication, quetiapine or Seroquel. These drugs alone or when combined with other substances create sedation and euphoria. Hypnotic medicines that aid those suffering from insomnia can also be abused. The sleep medication Ambien is an example of a commonly abused substance.

A separate class of drug used to treat attention-deficit disorders includes stimulants. Stimulants temporarily raise alertness and energy and have a calming and focused effect on those with attention deficit hyperactivity disorder. Stimulants include amphetamines like Adderall, methylphenidate or Ritalin, and cocaine. In 2010, the National Institute on Drug Abuse estimated that around 1.1 million individuals abused stimulants, which are prescribed to treat attention deficit hyperactivity disorder and narcolepsy. Side effects of stimulant abuse may include psychosis, seizures, and cardiovascular problems.