Social Security Disability Insurance (SSDI) is a lifeline that many rely on when the unexpected strikes. SSDI is a federal program that provides financial support and other benefits to people who cannot work due to a disability.
To qualify for SSDI, you must have a disability that has lasted (or is expected to last) 12 months or is expected to result in death. You also must have earned at least a minimum number of work credits within the last 5 years. The minimum number of credits needed to qualify for benefits is based on the age when your disability began.
If you are considering applying for SSDI, understanding the benefits can help make the process feel less daunting. We are here to help with your application for benefits and beyond, so you can get all the benefits you deserve. Even if you are receiving disability insurance benefits, you can still benefit from applying for SSDI.
Can You Collect Both SSDI and Long-Term Disability Insurance?
The primary benefit of SSDI is that it provides regular monthly benefits. Certain disability insurance programs may only have limited time frames during which benefits are payable. However, SSDI continues to provide benefits if the disability persists, up to retirement age. You can apply for disability benefits from the SSA even while receiving long term disability benefits from an insurance company.
The amount received depends on your average lifetime earnings before your disability began, and not on the severity of your disability. This financial support can be crucial for people with disabilities, helping to cover everyday expenses, medical bills, and more.
SSDI benefits are also adjusted for inflation. This means that every year, the SSA may increase your benefits based on the cost of living. This helps ensure that the buying power of your benefits does not decrease over time.
After receiving SSDI benefits for two years, you become eligible for Medicare, regardless of your age. This means access to hospital insurance, medical insurance, and prescription drug coverage. With the often high costs of healthcare, access to Medicare can significantly reduce the financial burden. Several Medicare Advantage plans are also available.
SSDI is not just for the individual with the disability. Dependent children and spouses may also be eligible to receive benefits. In certain circumstances, even divorced spouses might be eligible. This can provide much-needed financial support for families dealing with a disabling medical condition.
Protection of Retirement Benefits
SSDI ends and you transition to Social Security retirement benefits when you reach retirement age. By receiving SSDI benefits, you also protect your future Social Security retirement benefits. The Social Security Administration (SSA) freezes your earnings record when you start receiving SSDI. This means that the years you are unable to work will not reduce your eventual retirement benefits.
The duration of your COBRA benefits may be extended for an additional 11 months if you receive SSDI benefits.
SSDI also offers programs for those who might be able to return to work but are worried about losing their benefits. Programs like “Ticket to Work” allow claimants to attempt to re-enter the workforce while maintaining access to their benefits. These programs aim to provide a safety net, reducing the fear and risk associated with returning to work after a disability.
Working With Ortiz Law Firm
Applying for Social Security Disability Insurance benefits can be a complex process. It may seem daunting to those already dealing with the challenges of a disability. However, the benefits it offers can be critical in helping individuals and their families navigate through a difficult period.
At Ortiz Law Firm, we only get paid if your claim is approved. We specialize in disability claims and represent disabled individuals across the United States. We will apply all our experience and knowledge to building your best case. Our team has successfully recovered millions in disability benefits for our clients.
Remember, it’s essential to reach out to a professional for personalized advice based on your situation. By doing so, you ensure that you have the information needed to make the best decision for you and your family. Call Ortiz Law Firm today at (888) 321-8131 to schedule your free case evaluation.