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Additional Financial Assistance for Older Beneficiaries
(Posted July 17, 2004)
Question 487: Does Railroad Retirement provide any extra help for the elderly (74 years old) who are receiving Railroad Retirement benefits?
Answer: Railroad Retirement Benefits, like Social Security and other retirement programs, are based on amount of service and career earnings. The actual financial need or age of the beneficiary does not produce additional benefits.
Other Federal and state programs, such as Supplemental Security Income (SSI), can provide additional financial assistance for individuals and famlies with limited resources. Most of these programs have a ceiling on family income and assets.
The best place to start is with the Social Security Administration, which administers the SSI program. Their toll-free number is (800) 772-1213.
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