Will Selling My Home Affect My SSDI Benefits?
I am selling my home and the buyer want title co to direct deposit money into my checking ,will that affect my SSDI benefits and what will I need to show proof that money came from sale of home?
Hi,
I am selling my home and the buyer want title co to direct deposit money into my checking ,will that affect my SSDI benefits and what will I need to show proof that money came from sale of home?
Hi,
Can a Disabled Adult Child collecting SS have a life insurance policy in their name. And does SSA need to be notified?
Hi,
The answer to your first question is yes, and the answer to your second question is no. Social Security disabled adult child (DAC) benefits are not a needs based benefit, so it doesn't matter what type of assets a person receiving DAC benefits owns. Therefore, Social Security wouldn't need to know if a person drawing DAC benefits has a life insurance policy.
Best, Jerry
Larry, I started receiving SSDI at age 59, I am now 62. Can I take early retirement and have my SSDI changed over to early retirement instead of waiting the full retirement age of 66+ years as the amount I now received will not changed when I reach the age of 66 and 2 months.
Hi,
Can I collect SSI while waiting (5 months) for my SSDI payments to begin?
Hi,
I receive Social Security Disability Benefits each month when the Social Security is cut off my disability benefits what will I do because I cannot work like I thought that mental condition so what would I do without my social security disability benefits
Hi,
I retired from USPS in 2014 at age of 56 via FERS. FERS paid an Annuity and a Supplemental Social Security benefit ($1137). I also got approved for Social Security Disability Benefits. How, upon turning 62 this year the Supplemental payment of $1137 will cease because that's when FERS considers the 1st year you qualify for Social Security Retirement Benefits. I also have a minor receiving Benefits under my SSDA.
My wife just turned 62 in Sep. 2019. She has been receiving SSDI since 2003 for $1600 per month. Oct. that same year her benefits went from SSDI to SSI and her monthly Annuity went from $1600 to $1100. - Her full retirement age is 66.5 years. Why would her benefits drop so much? Any help would be welcome. Contacted OPM many of times, but all they say it's because she went on SSI.
Hi,
Question #! I receive a DIC widows pension. Would social security pension affect it?
Question #2 I have macular degeneration and I have seen changes in my vision. How do I go about filing for disability? Would it also affect my DIC pension?
Thank you,
Hi,
Hello,
My daughter is 19, 100% blind, Currently receives Supplemental Security Income. for Past two years she has managed a self employment income (All reported properly and filed with her taxes and shows in her SSA Web portal) around +/- $7,000 a year from various things, (Baby sitting, house care, secretarial type work, etc...). Most likely will not increase, at least for next few years while she is in college.
Results will differ based on your specific case and filing strategy.