Once you become eligible for SS Retirement the SSD will stop. I just want to know what is down the road for me!!
Is this true?
This means if your on social secruity disablility and when you reach age 65 then you will be receiving retirement social security those benefits! But what is the differance?
IS there any differances??
It seems I may need to go to an atty the more and more I talk about this!!
2007-09-19 05:07:07 · 6 answers · asked by toenail 2 in Business & Finance ➔ Taxes ➔ United States
No difference.
2007-09-19 05:16:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sorry, Anne, but yes that's true. You don't get both at the same time. The ss disability program is to protect people if they are disabled before normal retirement, and just for the time up to then. SSD is to replace some of the income you would have had while working, but aren't getting because you are disabled.
If you are turned down for SSD but feel you should be eligible, then getting an attorney might be a good idea. It's not unusual for someone to get turned down when they initially apply, but then get approved on appeal. If you are talking about going to an attorney to try to get SSD and SS retirement benefits at the same time, save your money, that's not how the ss program works.
2007-09-19 05:21:53 · answer #2 · answered by Judy 7 · 2⤊ 0⤋
You are correct. It's like, when you quit working your wages stop and social security payments begin. So if you're getting SSD while you are of "working age", then when you reach your "retirement age", the SSD will stop and the social security payments (which are less, unfortunately) will begin.
My brother-in-law was disabled for several years. When he reached 65 (his retirement age), then he began collecting social security payments which were less than his disability payments. I'm not sure how much less since he died about 10 years ago, but it was less.
You can seek a free consultation from an attorney, but I'm not sure an attorney can change the entire Social Security System.
2007-09-22 09:47:45 · answer #3 · answered by Let me steer you 7 · 0⤊ 0⤋
Going to an attorney would pretty much be a waste of money. When you reach retirement age, your disability stops and your retirement begins. It's very cut and dried.
Chances are the amount of your retirement will be less than the disability. Your other benefits will all be based on social security retirement. You should be able to get brochures from Social Security to help explain all the benefit options.
2007-09-19 05:15:46 · answer #4 · answered by bdancer222 7 · 0⤊ 0⤋
Yes, it's true. Once you become eligible for SS Retirement, the SSD will stop. SS Retirement, even if you take early retirement at age 62, will virtually always be higher than your SSD was so there's no incentive to delay applying for SS Retirement.
2007-09-19 05:57:57 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you go to the social security website you can find out what your benefit will be on regular social security. Also on theirFAQ tab you will more than likely get the answers you need.
2007-09-19 05:22:11 · answer #6 · answered by Becky B 3 · 0⤊ 1⤋