Ask Larry

Disability Benefits

Do I Need To Contact Social Security When I Turn Age 62 If I'm Getting Disability Benefits?

Hi larry I just turned 62 and I am already on Social Security Disablility. do I need contact SS ?? a friend told me I would get a raise in benifts. ??

Hi,

Probably not. Unless your Social Security disability rate is being reduced due to the receipt of Workers Compensation or a Public Disability benefit, there is likely no reason that your benefit rate could be increased simply because you're turning age 62.

Posted: 
Friday, May 25, 2018 - 12:52

Can I Be An Investor In Real Property While Applying For SS Disability?

Can I be an invester in real property, while applying for S.S. disability?

Hi,

Yes, as long as your not in the real estate business where you'd be required to report any profits as self-employment earnings. Unearned income (e.g. dividends, interest, capital gains, rental income, pensions, etc.) would not preclude you from potentially qualifying for Social Security disability benefits (SSDI). Nor would ownership of a home, land or bank accounts.

Best, Jerry

Posted: 
Tuesday, May 22, 2018 - 10:58

What Will Happen When I Reach Full Retirement Age?

Hi Larry, I was born in 1960 and applied for SSDI in July 2017 and was approved in early 2018. When I reach full retirement age 67 will may social security retirement benefits increase or remain the same amount as I receive for SSDI? Thank you for your time in advance regarding this subject.

Hi,

When you reach your full retirement age your Social Security disability benefits (SSDI) will convert to regular retirement benefits at the same rate.

Best, Jerry

Posted: 
Sunday, May 13, 2018 - 12:40

Is A Person Still Deemed Disabled After They Reach FRA?

Hello,
I am close to 60 years old and currently receive social security disability benefits. I was born in 1959 and noted my full retirement age is 66 and 10 months. At full retirement age you stated disability benefits are classified as 'regular retirement'. If this is true, is a person still deemed 'disabled' and can they go back to work in limited amounts or earn additional income that would otherwise be penalized under the SSDI criteria?

Hi,

Posted: 
Sunday, May 13, 2018 - 09:11

Is There Any Way To Increase My Benefits In My Situation?

I currently receive SSDI (from my Dad's working record when he became disabled in 1993) and SSI benefits. My SSDI benefits is an adult child benefits because I was diagnosed with Autism when I was five years old. (Reference Number is C3) My SSDI amount is currently $516 a month and my SSI amount is $236 a month. I also receive Medicare, Medicaid, Section 8 housing, and SNAP benefits. I also have Generalized Anxiety Disorder, Major Depression, and Impulse Control Disorder. The only work I ever done was at a sheltered workshop but I quit going to that sheltered workshop.

Posted: 
Friday, April 27, 2018 - 07:26

Will This Be Good Enough For Approval Of The Judge?

Morning
Have a hearing in May for SS disability, have herniated discs, stenosis . Own a business , was dragging myself to work to remain open, but over last few mo this , I’m only going in to close at night, about 10hours weekly. Will this be good enough for approval ofjudge? And not making any money there , so no salary, income.
Thank you

Hi,

Posted: 
Wednesday, April 25, 2018 - 10:16
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.