Should You Receive SSD Benefits, Early Retirement, or Both?

The main difference between social security disability insurance and social security retirement is simple. With Social Security disability insurance, you have to prove that you’re disabled. Social Security retirement, however, is based on age. We typically advise our clients not to work unless they plan to work full-time because you will lose your benefits if you exceed a certain amount of earnings. You can start receiving retirement benefits at 62, but there is a deduction if you start claiming them before 67. To learn more, watch our short videos.

By |2022-09-26T16:05:42-05:00September 23rd, 2022|Blog, SSD, SSI|Comments Off on Should You Receive SSD Benefits, Early Retirement, or Both?

Are Pensions Affected by SSDI Benefits?

When you apply for SSDI, the Social Security Administration calculates the amount of your possible monthly disability benefits based on your work history. The SSA may reduce the amount you receive in some cases if you have other sources of income. Specifically, Social Security may lower your disability payments if you receive certain types of pension payments. To learn more watch our short video.

By |2022-08-26T14:39:09-05:00August 25th, 2022|Blog, SSD, SSI|Comments Off on Are Pensions Affected by SSDI Benefits?

Highest and Lowest Approval Rates for SSD and SSI

SSDI and SSI are federal benefits programs that pay monthly benefits to applicants who meet each program’s eligibility criteria. Although the average national approval rate for SSD benefits is 45.22%, some states fall well above, and others well below, that average. Learn more ...

By |2022-08-16T12:18:13-05:00August 15th, 2022|Blog, SSD, SSI|Comments Off on Highest and Lowest Approval Rates for SSD and SSI

What Is Double Dipping on Social Security Benefits?

In an age in which the necessity of certain entitlements is constantly being called to question, quite a few things that were once acceptable are now being called into question. "Double dipping" on your social security benefits is one example. The following is a closer look at how this works.

By |2022-08-11T16:37:26-05:00August 10th, 2022|Blog, SSI|Comments Off on What Is Double Dipping on Social Security Benefits?

What Other Benefits Are Available to SSDI Recipients?

Social Security Disability Insurance (SSDI) is a federal benefits program that makes monthly payments to individuals who are unable to work due to a disability. Depending on whether you have other sources of income that monthly benefit may not be enough to live on. Thankfully, there are other benefits that SSDI beneficiaries may be eligible to receive.

By |2022-07-07T13:24:03-05:00July 5th, 2022|Blog, SSD, SSI|Comments Off on What Other Benefits Are Available to SSDI Recipients?

What Other Benefits Can I Get With Social Security Disability?

If your income was your family’s sole or primary source of support, you may worry whether those benefits will be sufficient to cover your monthly expenses. Depending on the circumstances, you may be eligible to receive other benefits to supplement what you receive from social security disability.

By |2022-05-17T04:55:45-05:00May 16th, 2022|Blog, SSD, SSI|Comments Off on What Other Benefits Can I Get With Social Security Disability?

Are SSD Benefits Taxable?

One of the first questions people have when they’re approved for social security disability (SSD) benefits is: Will I have to pay federal taxes on my SSD benefits? The answer depends on the type of social security disability benefits received and the recipient’s other income.

By |2022-02-07T12:23:38-06:00February 5th, 2022|Blog, SSD, SSI|Comments Off on Are SSD Benefits Taxable?

What Money Can Be Taken from SSDI Payments and Social Security Payments?

Though in most circumstances creditors cannot garnish or attach to a disabled worker’s Social Security Disability Insurance (SSDI) payments and Social Security payments, there are still a few exceptions that disability claimants should be aware of when applying for benefits.

By |2021-08-19T15:23:42-05:00August 18th, 2021|Blog, SSD, SSI|Comments Off on What Money Can Be Taken from SSDI Payments and Social Security Payments?

Benefits of Receiving Social Security Disability as a Disabled Veteran

Roughly 1.1 million of veterans have a disability rating of 70% or greater, which greatly interferes with their ability to work. For these veterans, VA disability benefits may not be enough to make up for lost income. In these cases, they may be eligible for social security disability (SSD) benefits.

By |2021-05-21T12:26:12-05:00August 31st, 2020|Blog, SSI|Comments Off on Benefits of Receiving Social Security Disability as a Disabled Veteran