Ask Larry

Will It Affect My SSDI Benefits If I Purchase Rental Property Or Trade Securities?

Hello, I hope you are well. I currently receive SSDI benefits for myself and also receive SSDI benefits for my dependent children. I'm trying to find ways to increase my income. So I'm considering two things. 1) Buying rental property with a combination of savings and business credit (hoping to file as a single member llc in order to receive the funds). If, I get the funds, the rental will be completely managed by a property manager; and 2) studying in order to be able to swing trade(holding trades for more than 3 days, most likely more than 1 week). Will any of those scenarios affect my SSDI benefits or will they cause me to lose them altogether? Your input would be greatly appreciated.

Hi. No. Rental income and income from investments are considered as unearned income and would not affect your Social Security disability (SSDI) benefits. The only type of benefit that's administered by Social Security that could be affected by rental or investment income is Supplemental Security Income (SSI).

Best, Jerry

Posted: 
Jan 17 2022 - 8:25am
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