Although disability is something most people do not like to consider, your chances of becoming disabled before you turn 65 are greater than you dying before you reach the same age. According to the Social Security Administration, a 20-year old worker has a 30% (THIRTY PERCENT) chance of becoming disabled before retiring.
Social Security Disability pays benefits to workers who can no longer work in any kind of job that exists in substantial numbers in the United States economy because of a medical condition. Social Security Disability only pays for long-term disability.
There are two types of disability programs: SSDI and SSI. SSDI (Social Security Disability Insurance) is available for disabled workers who have recently paid enough into the Social Security Trust Fund through their FICA tax deduction on their paycheck. For disabled workers over the age of 31, you must have paid into Social Security five of the last ten years prior when you became disabled. If you qualify for SSDI, you will get benefits regardless of your wealth or the earnings of your spouse.
Hopefully you qualify for SSDI, if not there is SSI (Supplemental Security Income).
SSI is available to disabled workers who have never paid in to the Social Security Trust Fund or have not paid in enough to qualify for SSDI payments. You must show that you are disabled and that you have very few resources and your household‘s monthly income is not more than the guidelines set forth by Social Security. Because different resources and income count against you, and others do not – you should consult with us to see if you qualify.
If you qualify for SSDI benefits, your spouse and children may also qualify for benefits based upon your work. You will be entitled to Medicare coverage automatically once you received Disability Benefits for two years. If you qualify for any amount of SSI – you automatically qualify for Medicaid.
The laws governing what benefits you receive – and how much – are extremely complicated and detailed. It is critical for you to talk with our office so that you have an experienced lawyer working hard to make sure you get the benefits you‘ve earned and deserve. Find out why by clicking “What You Must Know about Colorado Social Security” and how we can help you by clicking “Why You Need Kaplan Morrell”