Chances are you have paid into the Social Security Disability Insurance (SSDI) system most of your adult life. When you’re faced with a debilitating condition that prevents you from providing for your family, SSDI can provide you and your family with all of the following:
A Regular Monthly Income
Social Security Disability Insurance will provide some of the income you received from your job, helping you to pay bills and get your life back on track. This type of income increases along with the cost of living.
Medical Benefits that Include Prescription Drugs
A major financial burden many people face when they stop working because of a disability is healthcare. In today’s society, healthcare costs are soaring. Once you’ve been entitled to receive Social Security Disability Insurance for 24 months, you are eligible for Medicare, including Parts A (hospitalization), B (out patient treatment) and D (prescriptions drugs) – regardless of your age.
If you have a dependant under 18, he or she may also be eligible for benefits under SSDI.
By getting Social Security Disability Insurance (SSDI), you will ensure that your Social Security Retirement benefits will be paid to you at the maximum rate once you reach full Social Security retirement age. No matter how young you are when you're first awarded SSDI, your benefit will be approximately the same amount that you would receive if you had retired at your normal retirement age. Once you reach that age, the SSDI benefit will seamlessly turn into a retirement benefit, with continued annual cost of living adjustments and Medicare health insurance.
Social Security Disability benefits are taxable. You can request that Social Security deduct taxes directly from your disability benefits. We strongly recommend that you seek the advice of a tax professional, who will be able to explain exactly how your benefits may be affected and any necessary actions to take.
SSDC has helped hundreds of thousands of people get the benefits that they deserve. We are ready to help you. To see if you might qualify for Social Security Disability Income, try our easy-to-complete Do You Qualify?