The Social Security Administration (SSA) receives millions of disability claims each and every year. Of these claims, only about thirty percent are approved during the initial stage of the application process. The remaining Social Security Disability applicants must undergo a lengthy and complex disability appeal process in order to obtain the disability benefits they may be rightfully entitled to. The question is, why are so many more people receiving Social Security Disability Insurance (SSDI) benefits than ever before?
Each and every year the Social Security Administration (SSA) receives millions of claims for Social Security Disability benefits. Many people are surprised to find out that the majority of these claims are actually denied by the SSA. In fact, only approximately 30 percent of the disability applications are approved during the initial stage of the claim process. The remaining 70 percent of applicants must pursue the disability appeal process in order to obtain the benefits they need.
One of the more common questions asked of Social Security Disability representatives is “Are my SSDI payments taxable?” The answer, quite simply, is that it depends on your total income. For most people, if Social Security Disability benefits payments represents your only income, you will not be subject to federal income taxes.
With enrollment in Social Security Disability programs skyrocketing, and the Social Security Administration (SSA) staring down a potential solvency crisis in as little as seven years, every little bit of money the SSA can save, they’re going to save. Phasing out paper checks for Social Security Disability benefits is expected to save the SSA a hefty one billion dollars over the course of the next ten years.
Which states would you need to visit if you wanted to find the top 10 zip codes for Social Security Disability benefits? While New Jersey and Wyoming are the two most generous states in terms of approved Social Security Disability benefits, you could visit nine of the top ten zip codes for SSDI approval rates without visiting either of them. As a matter of fact, you could visit nine of the top ten zip codes for SSDI payments without visiting a single US state.
The amount of Social Security Disability Insurance (SSDI) benefits you are entitled to if you are found to be completely disabled by the Social Security Administration (SSA) is based on the full amount of retirement benefits you are eligible for. You can not receive both disability benefits and retirement benefits at the same time. If you qualify for disability benefits, your benefits will automatically be changed to retirement benefits when you are old enough for full retirement.
If you are eligible for Social Security Disability benefits, they are normally granted under the assumption that you are not able to engage in substantial gainful activity. However, in order to apply for unemployment, you must be actively looking for work; meaning that you believe you are able to work. On the surface, this may appear to be a contradiction. However, there are some people who may be able to apply for both Unemployment and Social Security Disability benefits at the same time.
What Is COLA, And How Will It Affect My Social Security Disability Benefits?
For people on Social Security Disability, Cost Of Living Adjustment (COLA), is based on the Consumer Price Index. It is automatically adjusted each year to reflect increases to the cost of living.
Five Ways to Avoid Social Security Disability Denial
There are thousands of Social Security Disability advocates across the United States. What exactly is a Social Security Disability advocate? What do these individuals do? What is the difference between a Social Security Disability advocate and a Social Security Disability attorney?
Most importantly, should you use the services of a Social Security Disability advocate to help you with your Social Security Disability claim? Before you consider hiring a Social Security Disability advocate, read the information below to ensure you are making the correct decision.