Category: SSDI Benefit Timing
Will my disability benefits change when I turn 65?
December 13, 2024
Navigating the transition from disability benefits to retirement benefits can be a significant concern for many as they approach the age of 65. Understanding this transition is crucial for ensuring financial stability during one’s retirement years. The process largely depends on specific circumstances, such as the year a person was born and their full retirement […]
Read MoreHow Does a Lump Sum Settlement Affect Social Security Disability?
January 29, 2024
Receiving a lump-sum settlement can have important implications for individuals on Social Security Disability Insurance (SSDI). When an individual who receives SSDI benefits is awarded a one-time payment, it’s essential to understand how this additional income can alter their benefits. The Social Security Administration has specific rules for offsetting SSDI payments when public disability benefits […]
Read MoreWhat Is The Elimination Period for SSD Benefits?
The elimination period for Social Security Disability Insurance (SSDI) benefits is a critical time frame that applicants must understand. It refers to a mandatory waiting period that starts from the onset date of a person’s disability. During this time, which spans five months, the Social Security Administration (SSA) does not pay the applicant any disability […]
Read More