Social Security has issued
updated numbers on payments of fees to attorneys and some others for representing Social Security claimants. These fees are withheld and paid by Social Security but come out of the back benefits of the claimants involved. The attorneys and others who have their fees withheld pay a substantial (in my opinion, excessive) user fee for this privilege. Since these fees are usually paid at the same time that the claimant is paid, these numbers show how quickly or slowly Social Security is able to get claimants paid after a favorable determination on their claims.
Month/Year |
Volume |
Amount
|
Jan-12
|
29,926
|
$89,749,312.99
|
Feb-12
|
43,946
|
$134,207,416.10
|
Mar-12
|
47,376
|
$139,571,577.57
|
Apr-12
|
38,239
|
$113,225,483.07
|
May-12
|
37,648
|
$112,446,283.39
|
June-12
|
43,816
|
$128,559,225.66
|
July-12
|
33,342
|
$97,458,955.82
|
Aug-12
|
41,441
|
$119,484,061.59
|
Sept-12
|
38,393
|
$115,676,630.23
|
Oct-12
|
29,646
|
$84,612,068.75
|
Nov-12
|
37,384
|
$110,226,459.65
|
Dec-12
|
34,780
|
$104,926,570.07
|
Jan-13
|
32,663
|
$96,690,734.65
|
I can't get January 2013 to line up with the 2012 numbers. They are from two different tables and Blogger has problems with that.
January is a tough month for Social Security because the SSA-1099s and the earnings estimate forms for retirees between 62 and 65 go out in January which cause more people to call Social Security and because many people retire at the end of each calendar year and because many people put off business around the holidays.