Hi Larry, I turned 61in February I'm on ssi disability now for past 4 years I was told by ss that they will retire me out at 62. What is it I need to do now or wait for them to do it.
I'm turning 62 in November 2021 and have been on SS disability FOR 1 year, what happens then and do I need to do anything? I presently receive 790.00 a month is there any way this would ever rise at all? And what happens when I turn 65?
I was wondering the talk I been hearing is there supposed to give people on ssi and ssdi 200.00 extra on wat they already get each month until covid 19 is over is that true if so when will it start
Hi. No, that's not true.
If someone who receives SSDI has rental properties transfers them to individual LLCs for better liability protection, will the rental income from the properties, now paid to the LLC, and then transferred to the SSDI recipient as the owner of the LLC, somehow convert from being passive income to earned income for the SSDI recipient?
Quick question. I will use easy numbers/dates for sample.
Let’s say I am terminated on 4/15/18 and I earned $50,000 per year. I
received SSDI as of 4/16/18 to present.
Now three years after receiving SSDI, my employers consider a settlement. I
request three years back pay (until 4/15/21) and two years front pay (until
4/15/23) for a total of five years for $250,000.
Correct me if I'm wrong, but I believe your software is for SSA retirement benefits and does not deal with SSA disability benefits. I'm trying to find someone who can explain the process of converting from disability to retirement benefits. All the SSA says is this happens automatically at FRA. But, prior to becoming disabled, I was planning to wait until age 70 to claim retirement as, among other things, my wife is 8 years younger then me.
I been on disability for 10years and working part time I received a bonus at work which caused SGA i was terminated from disability and appeals denied what can i do to get my disability back
My husband and i are home owners, we want to sell and buy another home, is it true if you are on disability you cant buy another home?
Hi. No, that's not true. Selling your home and/or buying a new one wouldn't have any effect at all on any type of Social Security benefit, including disability benefits. Social Security does administer a needs based program called Supplemental Security Income (SSI), and selling or buying home can potentially affect those benefits. But, I assume that's not what you're referring to.
I will be 62 in December i receive SSDI know will my benefit change.
Hi. No. Your Social Security disability (SSDI) benefits will automatically convert to regular Social Security retirement benefits when you reach your full retirement age (FRA), which would be age 66 & 10 months if you were born in 1959. Your benefit rate won't change when that conversion happens.
I work close to 30 years and became disabled I was 40 yrs. old. I draw ssi now when I turn retirement age will I just continue getting a disability check or social security check. And will it be lower.
Hi. I assume that what you're drawing is Social Security disability (SSDI) benefits. In that case, your SSDI benefits will automatically convert to regular Social Security retirement benefits when you reach your full retirement age (FRA). There won't be any change in your benefit rate when that happens.