lump sum of ssi benefits?

Answer 1

What about it?

In my case I had to sue. I paid a lawyer on a contingency basis where his firm would collect a percentage of my final settlement with a $4,000 cap. The settlement was based on the second time I applied for Social Security Benefits and it took almost half a year to settle the case so the lump sum was fairly large. I got it all at one point, a few months after the law suit was settled.

My medical condition (read my profile) is hard to detect or determine easily so it is hard to evaluate. The law firm wouldn't have taken the case unless they thought they could have won. I had several hospitalizations on my record and a long history of problems so it was pretty clear I was sick.

The hearing was informal with just the judge, my lawyer and a lawyer for the Social Security Administration. I was allowed to bring a witness and did. I had to leave during his testimony so I don't know exactly what he said, but I had lived with him for a year so he knew how bad I really was and that I wasn't faking it. The case was in the air until my lawyer made a comment that since the chronic pain causes me confusion I can't work despite the pain.; which made the case and showed that she earned her money.

Remember that Social Security is still taxable revenue so the IRS has to get its share, and if you don't pay them; they will come a calling. I didn't have to worry about paying the lawyer; part of my agreement with her firm made sure she got paid directly out of my settlement so I never saw her money.

Once I got paid I bought a stereo, a few toys and made a large down payment on a used car, which seven years later I still own.

Social Security pays on or about the 20th of each month, by the 20th at least and it does pay off each month, but with the baby boomers collecting I can't be sure it will be there forever. Luckily I have my Veterans Disability as well (yes, it is legal to have more than one Disability). The Social Security Administration reserves the right to re-evaluate my case at any time, but they have not done so. In my case this is because I see the doctors at the VA at least twice a year so there is always a current medical file.

Answer 2

say what now? i get SSI and i got a lump sum from the time i filed until the time i got my first check wich was like 6 months..idk if thats what ur refering to tho u werent too specific

Answer 3

Not going to happen. You will get a monthly check, starting at an age you determine.

Answer 4

say what -- normally you apply for SS at least 6 months prior to retiring and they will tell you how much you will receive and when you will get your first check!!!