emm's blog

Owning your own business is a very tricky topic when it comes to receiving Social Security disability benefits. The Social Security Disability Insurance (SSDI) program and the Supplemental Security Income (SSI) have different requirements regarding income.

However, they are the same in that you are not permitted to “earn income” when you are on either of these programs. To collect SSDI or SSI, you have to be unable to do more than a minimal amount of work.

If you have experienced a health crisis that has prohibited you from working, chances are you are experiencing a difficult time in your life. In addition to trying to heal from your illness or injury, you are likely facing the stress of bills and financial responsibilities that may be beginning to stack up.

The application process for Social Security Disability benefits can be cumbersome and tedious, taking as long as six months for approval. As such, you will need to ensure your financial stability while your application is being processed.

If you are currently receiving long-term disability (LTD) through your employer or a private plan, you may be wondering about Social Security benefits.

Social Security Disability Insurance (SSDI) is a federal program that provides cash payments to people who meet the definition of “disabled,” as laid out by the Social Security Administration (SSA).

SSDI is available to those who have worked long enough to accumulate work credits and thus are considered” insured” through the government in the event of disability.

The SSDI application process is complicated, even for the most educated and prepared individual. According to data from the Social Security Administration (SSA), less than 40% of Social Security disability applications are approved at the initial application level.

If your case is one that receives an initial denial, you may appeal the decision. Depending on the state in which you live, you may be able to request a reconsideration. In certain states, a second individual who has no experience with your application will make a new decision.

For the millions of Americans suffering from disabilities, Social Security benefits are extremely necessary. From additional monthly income to health insurance benefits to potential benefits for family members, Social Security is an invaluable resource for those unable to work.

Unfortunately, the disability application process can be tricky, time-consuming, and hard to complete without mistakes. Because of this, it is often recommended that applicants speak with a Social Security disability attorney before applying.