Tag Archives: SSDI

What’s the Best Way to File for Social Security Disability?

Social Security disability benefits are a safety net for the American worker. You qualify for these benefits if you have spent at least five of the last ten years working and paying federal payroll taxes. Your hard work pays for these benefits. You cannot claim them unless you have worked, paid into the system and can no longer work due to illness or injury. However, the process for collecting the benefits can be long and complex. So, it is important that you get the process started right. Things to Consider When Filing for Social Security Disability Make a Budget – If you have to file for SSDI, then you have probably lost your major source of income. Since it can take three to six months for the Social Security Administration (SSA) to get to your claim, you need to have a financial plan to last that long and beyond. Without…
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Can Creditors Take My Social Security Disability Benefits?

Debt is a concern for households all over the United States. Consumer credit company Experian says that consumer debt in our country has risen to $14.1 trillion in 2019. That is a record high. However, people with disabilities have greater concerns when it comes to this figure. Fixed incomes, reduced working potential and medical bills make it hard for people with disabilities to pay debts. This can lead to creditors garnishing their bank accounts. Does that mean creditors can garnish their Social Security? Can Social Security Disability Be Garnished? In short, no, most creditors cannot garnish your Social Security disability benefits. As with most rules like this, there are exceptions and caveats that need explanation. Here is what you need to know. Which Benefits Do Federal Law Protect? Rules set by the U.S. Department of Treasury require banks to automatically protect certain benefits from the government. But this only applies…
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Five Common Questions About Social Security Disability Benefits

As a worker in America, you pay for Social Security through your payroll taxes. However, this payment doesn’t just go toward your future retirement benefits. The payroll taxes you pay also go toward Social Security disability benefits, which can be essential if you become disabled and are no longer able to work. Understanding this part of Social Security can be difficult, and if you don’t have the right information then you may have problems collecting benefits later. Here are a few common questions and answers that many people have about these disability benefits. 5 Questions About Social Security Disability Benefits How Do I Qualify for Social Security Disability? If you are no longer able to perform a substantial amount of work due to impairment, then you may qualify for Social Security disability benefits. However, there are certain requirements that must be met. The Social Security Administration (SSA) requires that applicants…
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Are Disability Benefits Claimants Still Trying to Work?

  When some people hear that a person is claiming Social Security Disability Insurance (SSDI), they often assume that this claimant is just trying to get out of working. Our society is so work-obsessed that we often stigmatize those who do not have a job, and SSDI claimants sometimes fit into that category. That can lead to unfounded assumptions about disability benefits claimants, but the reality of these people’s lives is far more complex. Disability Benefits Claimants Fight to Work Too The Washington Post has been running stories about people who claim SSDI and SSI. This series has been running for over a year, and its purpose has been to educate the public about what it is really like to be on disability benefits. One of the interesting commonalities that the publication has discovered has been that many claimants still have a desire to work. In a recent article, The…
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Are Aging Baby Boomers the Reason SSDI Claims Are Up?

  After World War II, the United States experienced a booming period of economic success. As a result of that success, the population of our nation skyrocketed as families grew along with their success. This created an entire generation of Americans known as the baby boomers. Now that decades have passed, this generation is quickly approaching retirement age, but the country may not be ready for this, and the Social Security disability system may be the first place this weakness shows up. Are SSDI Claims Up Because of Aging Baby Boomers? Since 2002, the population of the U.S. has grown around 16 percent, but the number of people claiming disability has far exceeded this growth. In the same period of time, the number of disability recipients has increase to 8.7 million, which translates to a whopping 57 percent. So, what caused this increase disability claimants? Age is seen as the…
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