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Is there any such thing as unclaimed social security disability payments?
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If your only source of income is Social Security disability payments can the credit card companies take these payments to pay off your debts to them?
Answer No, ALL Social Security benefits are exempt from creditor attachment. The person should take care to not commingle funds in a bank account. For SS be…nefits to be completely protected they should be kept in a separate account, and the bank notified of the account deposit status. Any SS or private disability benefits are mixed with other funds, the person should be aware that bank accounts are subject to garnishment and therefore all SS benefits deposited in said account should be clearly identified as such.
Yes, if you're disabled but able to engage in part-time work, SSDI allows earnings of up to $1,000 per month (2010) for most disabilities, or $1,640 per month for the blind un…der SGA guidelines (Successful Gainful Activity). If you earn more than this threshold, you may no longer be considered disabled. The Social Security Administration encourages disabled people to return to work if their disability allows, and provides numerous support programs, including vocational rehabilitation, as well as a nine-month (non-consecutive) trial period where full disability benefits continue while you test your ability to work. Trial work periods are triggered when your income rises above the "services" level of $720 or 80 hours work per month. Once the trial period ends, you enter an extended 36-month eligibility period during which benefits can be reinstated without a full evaluation should your disability interfere with continued successful employment. Additionally, you may continue to receive Medicare benefits at the standard premium rates for 93 months (7 years, 9 months) if you remain gainfully employed or employable after completing your last trial work month. The Social Security administration conducts Continuing Disability Reviews for most disabled people at varying intervals to determine if you are still disabled and remain eligible for benefits. Any work activity commenced within two years of becoming enrolled may trigger a review; however, SSDI will not conduct a review after two years if you enroll in their "Ticket to Work" program. If, at any time, you are considered medically improved and no longer qualify for disability benefits, you may be eligible for a period of extended coverage if you enroll in vocational rehabilitation. For more details on working while disabled, consult the SSDA Red Book, available via link, below.
Disability payments are Social Security Payments. When a person reaches full retirement age (66), the payments continue as normal, but are no longer considered disability pay…ments. A person does not receive two payments.
Social Security does not allow garnishment of disability benefitsby creditors. Any credit card company, business, or individual whohas won a judgment against you will never ga…rnish your SocialSecurity disability check. Social Security will allow garnishment of your SocialSecurity disability benefits for current and past due child supportor alimony. And the Internal Revenue Service is allowed to garnishSocial Security disability and retirement benefits for delinquenttaxes. Also, in addition to the IRS, other federal agencies may be allowedto garnish Social Security disability benefits. For instance, if an individual owes student loans that werefederally guaranteed their Social Security disability benefit canbe garnished. In theory, any money owed to the federal government can conceivablybe garnished from Social Security retirement or disability checks. If you receive Supplemental Security Income (SSI) disabilitybenefits, however, no creditor can garnish your benefit, not eventhe Federal Government. Since SSI is a need based disabilitybenefit, it cannot be garnished.
No, if the lender doesn't receive collateral from you - their only recourse to recover the debt is small claims court. If they do open a claim against you in small claims cour…t and win, the judge could issue a writ of garnishment for a percentage of your social security disability payments - however that is incredibly unlikely. Unless you also have a "day job" source of income, you are not the ideal customer for a payday loan lender - keep that in mind when seeking them.
Yes, if you have a disability insurance policy with a "base benefit" that does not integrate with social insurance benefits.
A felon may receive SSDI benefits if he or she is not incarcerated for more than 30 days and has no outstanding warrants. Social Security will not pay cash benefits to anyon…e living in a prison, jail, nursing home or other tax-supported facility; however, if the person remains eligible for disability under SSA guidelines, payments resume after release. Payees are not entitled to back benefits for the time spent incarcerated.
The answer is that it can not. Refer to Title 42 United States Code Sec. 407. The problem arises if the State levies on a bank account that has SSDI income deposited in the …account but it is mixed with other funds. It will then probably be your burden to prove that some portion of the account levied on consists of SSDI payments. For this reason, it is important to keep a record of all SSDI payments made into the account.
No one knows what will happen to Social Security at the end of July. You will simply need to listen to the news to find out what congress does.
No. There really is no such thing as "unclaimed" Social Security benefits. If a person pays FICA (Social Security and Medicare) taxes but dies before he or she can collect ben…efits, his or her widow or widower and minor children, or adult children disabled before age 22 (if applicable) can collect monthly checks for survivors' benefits. Able-bodied adult children or those who became disabled after age 22 cannot collect money from a parent's Social Security (FICA) contributions. The unpaid amount remains in the Social Security trust fund. It is possible that a deceased parent was due one monthly Social Security payment at the time of death. Under these circumstances, the benefit can be paid to the next of kin. For more information, see Sources and Related Links, below.
No. Social Security Disability payments are not based on assets, but on income. Owning a house may affect SSI (Supplemental Security Income) payments, especially if the house… is particularly large, valuable, or the individual owns more than one house.
Social Security Disability Insurance (SSDI) is financed with Social Security taxes paid by workers, employers, and self-employed persons. To be eligible for a Social Sec…urity benefit, the worker must earn sufficient credits based on taxable work to be "insured" for Social Security purposes. Disability benefits are payable to blind or disabled workers, widow(er)s, or adults disabled since childhood, who are otherwise eligible. The amount of the monthly disability benefit is based on the Social Security earnings record of the insured worker. Supplemental Security Income (SSI) is a program financed through general revenues. SSI disability benefits are payable to adults or children who are disabled or blind, have limited income and resources, meet the living arrangement requirements, and are otherwise eligible. The monthly payment varies up to the maximum federal benefit rate, which may be supplemented by the State or decreased by countable income and resources. See Understanding Supplemental Security Income for an explanation of SSI benefit payment rates
The average for October, 2012 was $1,111.09. Payments are based on the disabled individual's work history (in essence, how much they've paid into the social security system).… The disability benefit is based on the benefit at full retirement age regardless of the age of the disabled person. While a 35-year-old person declared disabled will receive Social Security payments as if they had reached full retirement age (66), they have not paid into the system as long, so the actual payment will be lower than if they had worked their entire life with periodic increase in salary. The younger the person is, the less they have paid into the system, thus, the less they receive in disability payments.
I would really like to find out when my benefits are affailable. Lawers tell me I have qualified but having difficulty finding out when will I reciecve monthly checks.
The broad answer to the question is Yes. However, whether both categories of benefits are payable in a particular situation will depend upon whether the applicant is found to …be "totally disabled" under SSDI guidelines, and how the private disability policy defines disability. A very comprehensive explanation of the Social Security disability process appears on the Social Security website maintained by the Social Security Administration. Much, if not all of the initial application process can be done online, or you can go to a local Social Security Office. It often takes a while to get a determination, so patience is a virtue. The most critical element of the process involves medical documentation of your inability to work. A private disability insurance policy will define that which constitutes disability, and that definition must be met for benefits to be triggered. There are various definitions and the precise wording will dictate your entitlement to benefits (such as, you may be able to collect if you are disabled from doing that line of work that you did at the time of the disabling event, or you may be able to collect only if you are unable to do any sort of work). The long and the short of it is that you may very well be able to collectboth, but the specific answer is fact-driven.
They put you three percent below the poverty level. Depending on the state/county you are in the amount will be different.