Ask Larry

Disability Benefits

How Much Will I Receive For SSI?

How much will I receive for SSi. I turned 53 receiving DISABILITY benefits.

Hi,

SSI is the abbreviation commonly used for Supplemental Security Income, which is a needs based benefit administered by the Social Security Administration. The amount of SSI benefits for which a person can qualify depends on their other income (if any), but the current maximum monthly SSI payment is $783.

Posted: 
Monday, January 27, 2020 - 07:22

Will I Pay A Penalty Fee If I Cash Out My 401k?

I was just approved for SSDI and will begin receiving payments in April of 2020. Can I cash out my 401 K now, before I start receiving payments and if so will I pay a penalty fee? I am 54 years of age.

Hi,

My expertise is limited to Social Security benefits, so I can't tell you whether or not you'd have to pay a penalty for cashing out your 401k. What I can tell you is that regardless of anything you do with your 401k, it would have no effect on your Social Security disability (SSDI) benefits.

Best, Jerry

Posted: 
Saturday, January 18, 2020 - 15:35

How Can I Prove To Social Security That I'm Disabled?

I'm currently living on DSS from the state and have applied for SSD/SSI benefits. This will be my third time around trying to get social security benefits and each time around things only seem to get more stressful/difficult than before. The problem to me seems to be that the judges at the hearing are far from objective and they try to cherry pick any information I have in a way in which they only notice anything that may undermine my case and not anything that would show that I have problems with chronic pain/fatigue as well as behavioral health issues.

Posted: 
Monday, December 30, 2019 - 17:44

Am I At Risk Of Losing My SSI Disability If My Condition Has Improved?

Hello Larry,,I am a 57yr old male, in Oct 2016 I was diagnosed CHF/EF15%, got approved SSI Disability, not SSDI, It's my only income, I wasn't working before I got sick, to add to it I'm homeless living in my car,,anyway between 2016 to now I have really improved myself,because of diet and meds, I'm not healed but doing alote better,my EF now is 50%,,of course I have a few other things, bad knees/diagnosis pending,,recently Hospitalized very slow heart rate diagnosis pending,,,my question is since my CHF is doing better am I at risk of losing my SSI disability?,,,,,thank you

Posted: 
Tuesday, December 24, 2019 - 10:33

Is My Understanding Of The Trial Work Period Correct?

I think you are partially wrong in this post.

https://maximizemysocialsecurity.com/how-long-it-i-can-start-new-trial-w...

Each month used in a twp gets subtracted after 60 months. So if I get benefits in 2015 and use 8 months in 2019, I don't get 9 more months in 2020. I get 8 new months plus the one I didn't use in 2024 or later.

At least this is my understanding. I'm a social security lawyer.

Hi,

Posted: 
Tuesday, December 17, 2019 - 11:47

What Should I Do Now That My SSDI Benefits Have Been Suspended?

I just got a letter from SSA saying that they my suspended my SSDI I am worried that I will lose it I work part time and only work part time hours what should I do

Hi,

I can't really give you any specific advice without a lot of additional information about your circumstances. I assume you mean that your benefits were suspended due to your work and earnings as opposed to medical improvement.

Posted: 
Friday, November 22, 2019 - 09:51

Will My Social Security Benefits Stop If I Earn More Than $1220 In A Single Month?

If I go over my $1220 for one month will my social security benefits stop

Hi,

I assume that you're referring to Social Security disability (SSDI) benefits. A single month of earnings in excess of the monthly substantial gainful activity (SGA) limit, which in 2019 is $1220, may or may not cause your SSDI benefits to stop.

Posted: 
Thursday, November 14, 2019 - 09:33
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