Preparation is always the key to help you survive any crisis. This is why most financial experts will advise you to grow your savings. It is one of the ways that you can anticipate and be prepared for any unexpected emergency that requires financial help. However, there are time when you need more than what you have saved up for.
This is where you can get help from the government. Believe it or not, your taxes will end up helping you after all. There are various benefits that you can get from them in times of need. The only task that you need to do right now is to know about them. This is very helpful mostly for retiring individuals. It is one of the things that you need to do during your pre-retirement years. But of course, the benefits are not only for retirees. People of all ages can benefit from it.
How Benefit.gov can help your financial needs
When it comes to government benefits, the most helpful website that you can go to is Benefits.gov. This is the official website that the US government set up to help citizens know what financial help they are eligible to receive. It is not the main site where you will file your application but it contains a really helpful tool to point you towards the right direction.
It has a pre-screening tool called the Benefit Finder that filters through the various government benefits available. All you have to do is input certain information about yourself and it will sort through the list for you. We’ll discuss this further later on.
Here is a list of other facts that you need to know about this site.
The site is not the platform by which you can apply for the benefits. You still have to go to the specific site or office to give your application.
The site cannot guarantee approval for the program. It merely tells you what programs you are eligible for. You still have to go through the application process with the agency that provides the financial help and wait for their approval.
The site can give you information on how to apply for the programs that you will seek to avail.
The site partnered with various Federal organizations and agencies to help consumers get a personalized access to a list of government programs.
The site is a free tool that anyone can use.
The administrators of the Benefit.gov suggest that you visit the site whenever you go through a major milestone in your life. If you start having kids, you can check out the child care benefits that you can qualify for. When you retire, the same is also true. Every time something in your life changes, you may want to check out this site to see if there are additional financial aid that you can qualify for. Or maybe, you have stopped being eligible for some of the assistance programs that you thought you can still avail.
The advantage of knowing the programs you qualify for is it helps you in times of a crisis. You will know immediately where you can get financial help. It will shorten the processing time and that can mean a lot when you are under pressure. In case you need money fast, you don’t have to everywhere for information. You can go to one site and find everything that you need.
Browsing for benefits to get monetary aid
There are two ways that you can search for your benefits through this site.
Benefit Finder. The first is through the benefit finder. This requires you to answer a confidential eligibility questionnaire. The answers that you will give will filter out the thousands of government financial assistance programs so you can get a list of the benefits that you qualify for. It will help save time. It is important that you answer as many of the questions as possible. You will begin with general questions and it will grow more specific as you go on. The more you answer, the shorter your list will be but the higher chances you will have to be eligible for them. While these require answers about your life, it will not include questions that will identify you. No name, address or social security information will be taken.
Browse Benefits. The other option to find financial help is by doing the search yourself. You have three options:
State. The page will list the number of benefits available in the state where you reside.
Category: This page lists the benefits by category. For instance, child support, disability, retirement, food and nutrition, employment, education, scholarships and grants, living assistance, and loan repayments – among others.
Federal Agency: This page lists the federal agencies that provide assistance. These include the Library of Congress, Department of Education, Department of Commerce, Department of Justice, Department of Labor, etc.
There is also an option to do your search through keywords but you need to choose the right word to use to get the specific programs that you need. This is probably applicable to those who already know the name of the program but just needs information about it.
Benefits.gov is a useful tool in identifying the information that you need to keep yourself from having to put yourself in debt for an emergency situation.
If you wish to know more about how you can get more money, here is a video from National Debt Relief.