Social Security and Medicaid
In This Chapter
• A word about the Social Security retirement program
• Social Security’s two disability programs
• What you must know about disability insurance
• Tomorrow’s Social Security
For many years, we have heard about the “three-legged stool” of proper financial planning for retirement. The third leg is our own personal savings. The second leg is the retirement pension that we may receive from a former employer. That brings us to the first leg—Social Security.
The Social Security Administration (SSA) is a federal agency that administers the program that provides both retirement benefits to workers and their survivors, and benefits for disability to covered workers. There is no long-term care benefit ...