If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.
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Part A. SSDI Benefits to Compensate For Income Loss
By Suzanna Laker Recommended Reading
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Part A. SSDI Benefits to Compensate For Income Loss
Loss of income is a serious concern for people who are unable to work because of a disability. However, there is help available. The Social Security Administration (SSA) provides disability benefits for qualifying individuals who can no longer work because of their medical condition.
Disability compensation is calculated from lifetime average earnings that could range from below $600 to more than $2,000 per month, depending on a person's work history. If you are out of work because of a disability you could qualify for Social Security Disability Insurance (SSDI) benefits.
SSDI Qualifying Factors
What are some of SSA's qualifying factors for approval?
You must have an SSA-qualifying medical condition.
You must have worked approximately five out of 10 years from when you became disabled and have paid into the Social Security System through FICA taxes.
Your disability has kept you from working for at least 12 months, or may result in death.
Your condition is preventing you from earning above the level of substantial gainful activity (SGA) of $940 per month ($1,570 if you have a visual disability).
That is the short-list of determination factors. There is a whole lot more to know, which you can learn about on the SSA Web site. Once you get through the SSA application process, and you get approved for disability benefits, you can expect your first monthly cash payment approximately six months after the established date of disability.
Disability Income-How Long and How Much?
You receive disability income for as long as you remain unable to work or until you reach full retirement age and can take your Social Security retirement benefits. You shouldn't expect to get an increase in disability compensation if your condition worsens. Your cash payment is not determined on the severity of your disability. It is determined by how much you have earned throughout your working years. Your cash benefit may get reduced, however, if you are getting disability income from other government sources, such as Workers' Compensation or other federal, state or local government agencies that provide civil service disability benefits, or disability retirement benefits. If you are getting Veterans Administration benefits or are receiving a private pension or private insurance disability payment, your SSDI cash amount is not affected.
The Social Security Disability Insurance program was established to help people with disabilities get through financial hardship. If you can't earn a living because of a disability, SSDI insurance is a good option for you to consider. You can apply for SSA disability compensation benefits, either on your own or with the help of professional Social Security Advocates or Attorneys. Experts who understand the SSDI program can guide you through the application process. Once approved, it will be a relief to know that you can expect a steady flow of disability income every month.
Disability compensation is calculated from lifetime average earnings that could range from below $600 to more than $2,000 per month, depending on a person's work history. If you are out of work because of a disability you could qualify for Social Security Disability Insurance (SSDI) benefits.
SSDI Qualifying Factors
What are some of SSA's qualifying factors for approval?
You must have an SSA-qualifying medical condition.
You must have worked approximately five out of 10 years from when you became disabled and have paid into the Social Security System through FICA taxes.
Your disability has kept you from working for at least 12 months, or may result in death.
Your condition is preventing you from earning above the level of substantial gainful activity (SGA) of $940 per month ($1,570 if you have a visual disability).
That is the short-list of determination factors. There is a whole lot more to know, which you can learn about on the SSA Web site. Once you get through the SSA application process, and you get approved for disability benefits, you can expect your first monthly cash payment approximately six months after the established date of disability.
Disability Income-How Long and How Much?
You receive disability income for as long as you remain unable to work or until you reach full retirement age and can take your Social Security retirement benefits. You shouldn't expect to get an increase in disability compensation if your condition worsens. Your cash payment is not determined on the severity of your disability. It is determined by how much you have earned throughout your working years. Your cash benefit may get reduced, however, if you are getting disability income from other government sources, such as Workers' Compensation or other federal, state or local government agencies that provide civil service disability benefits, or disability retirement benefits. If you are getting Veterans Administration benefits or are receiving a private pension or private insurance disability payment, your SSDI cash amount is not affected.
The Social Security Disability Insurance program was established to help people with disabilities get through financial hardship. If you can't earn a living because of a disability, SSDI insurance is a good option for you to consider. You can apply for SSA disability compensation benefits, either on your own or with the help of professional Social Security Advocates or Attorneys. Experts who understand the SSDI program can guide you through the application process. Once approved, it will be a relief to know that you can expect a steady flow of disability income every month.
Freedom Disability an SSDI advocacy group provides individuals living in the United Sates with education and representation services for Social Security Disability benefits. For additional information on SSDI Benefits please contact Freedom Disability at: (866) 761-5942.
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Part B. Defining Veterans Disability Benefits
By Matt Murren
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If you are a disabled veteran and are unable to work, then it is wise for you to apply for veterans disability benefits. In order to qualify for these benefits, you must have a disability that is service-related and be honorably discharged from military service. Another eligibility requirement is that you served at least 90 days of active military service, including at least one day of service during a war time period.
The amount you can receive varies considerably and ranges from just over $100 to more than $3000 per month. Disability compensation depends on a couple of things - how severe your disability is and how many dependents you have. Other things such as loss of a limb, dependent makeup and disabled spouse also come into play when your benefits are calculated.
Applying for veterans benefits requires that you complete government form #21-526. This form, called the Veterans Application for Compensation or Pension, requires that certain information be included when you submit your application. This information includes dependency records such as marriage licenses and birth certificates and medical records substantiating your disability. You many also be asked to submit your discharge or separation papers. There is an online website, http://vabenefits.vba.va.gov/vonapp that you can use to apply or you can call toll-free at 1-800-827-1000 for further assistance. s.
A VA pension for veterans is available for wartime veterans who have a very small income or no income at all. To qualify, the veteran must be age 65 or older or under age 65 if permanently or totally disabled. The Aid and Attendance or Housebound benefit bill allows some veterans to be paid additional money if they are very seriously disabled.
Veterans disability benefits are readily available for qualified military personnel. The military often denies disability claims but it does have an appeals process in place. To appeal, you must complete a Notice of Disagreement. It is also advisable to hire an attorney at this point to increase your chances of being approved.
The amount you can receive varies considerably and ranges from just over $100 to more than $3000 per month. Disability compensation depends on a couple of things - how severe your disability is and how many dependents you have. Other things such as loss of a limb, dependent makeup and disabled spouse also come into play when your benefits are calculated.
Applying for veterans benefits requires that you complete government form #21-526. This form, called the Veterans Application for Compensation or Pension, requires that certain information be included when you submit your application. This information includes dependency records such as marriage licenses and birth certificates and medical records substantiating your disability. You many also be asked to submit your discharge or separation papers. There is an online website, http://vabenefits.vba.va.gov/vonapp that you can use to apply or you can call toll-free at 1-800-827-1000 for further assistance. s.
A VA pension for veterans is available for wartime veterans who have a very small income or no income at all. To qualify, the veteran must be age 65 or older or under age 65 if permanently or totally disabled. The Aid and Attendance or Housebound benefit bill allows some veterans to be paid additional money if they are very seriously disabled.
Veterans disability benefits are readily available for qualified military personnel. The military often denies disability claims but it does have an appeals process in place. To appeal, you must complete a Notice of Disagreement. It is also advisable to hire an attorney at this point to increase your chances of being approved.
Matt writes more about veterans disability benefits at http://www.disability-benefits-advisor.com/veteransdisabilitybenefits.html
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