social security disability

[Trigger Mike]

A friend is on it and gets a meager amount and I was encouraging her to learn to invest and use dividends etc to supplement her income. She said that she is not allowed to have more than 1500 in checking so does not think she can invest without losing her disability check. What are the rules regarding that? She is a young widow and needs money from somewhere.

 

 

[Dogmeat Dad, SASS #48563L]

I don't think that is trus, but I do not know for sure. I do know two people who were on it for legitimate reasons. One didn't have two nickles to rub together but the other had a full 401K retirement waiting.

 

The way I understood this is that SS Disability just gets you your full benefit before you would be eligible based on age. Eventually, assuming you live long enough to reach the full age, you drop off Disablilty and get regular SS payments. It's the same amount, just no longer considered disability.

 

I am sure someone who knows for sure will eventually chime in.

[Tex Jones, SASS 2263]

Plenty of information on the Social Security web site. Recipient of SSDI may not earn income from employment over a certain amount. There's no limit on unearned income unless she is receiving payments under the Supplementary Security Income program

[Trigger Mike]

if there is no limit to unearned income under ssdi then is there a limit on how much assets you can have earning the unearned income?

[Utah Bob #35998]

I called the local SS office and a very nice lady explained a lot of things and answered all my questions. I would suggest she do that first.

[Trigger Mike]

good idea. the web site left me with questions and not enough answers

[Dirty Dan Dawkins]

I called the local SS office and a very nice lady explained a lot of things and answered all my questions. I would suggest she do that first.

Sound reasoning.

 

If only you'd take ebola seriously.

[Utah Bob #35998]

Sound reasoning.

 

If only you'd take ebola seriously.

I do.

But I am not concerned.

[Cat Brules]

You do get your currently-eligible SS monthly amount as of the date you were certified disabled. If you continue working, you may earn $800 per month without diminishing your SS Disability payment. Over $800/month and there's a sliding scale diminishing the SS Disability payment. Something like that, anyway.

 

Look, many disabled people are also suffering from PTSD and/or Depression. They don't know their rights and are secondarily disabled to the extent that they are unable to will themselves to find out. They should try to, or get assistance to, make an appointment with th local Social Security office, make notes and get an understanding of what they're entitled to.

[Blackwater 53393]

I was forced to close down my vending business because if I made more than a certain amount, they would cut off my disability income and I would have to wait up to six months to have it reinstated. In direct conflict to that, the IRS told me that I had to make more than that amount, (considerably more) or I couldn't claim my expenses as a business. Since the vending operation only occupied certain months during the year, it was not feasible to have the disability income interrupted for six months at a time.

 

Maybe when I turn 65 and regular Social Security kicks in, (that may actually be age 67) I'll see about going back into business. Seems a shame when I worked for nearly forty-five years and contributed to SS for all of those years, that I have to try to live off of less than a third of what I made before disability and can't supplement my income at least up to what I made before becoming disabled.

[Billy Bristol]

You do not collect for the first 6 months. Your first check will come 6 months after you are deemed disabled.