How much money can you earn while receiving military Disability insurance?
If you're referring to private disability insurance, then your disability insurance contract will spell out the terms.If you're referring to Social Security then the current amount you can earn and still collect benefits is about $1000 per month.
If the disabled person is receiving disability benefits from an individual Disability insurance policy then yes. Most individual and group Disability policies do have a provision that pays 3-months worth of disability benefit, if the insured dies. However, this usually is assigned to a specific beneficiary and not necessarily the disabled person's child.
Individual disability insurance benefits are not taxable, because the premiums are paid with after-tax money. The employer paid disability insurance policies have taxable benefits due to the fact that premiums are paid by the employer with pre-tax money.
Yes. Receiving disability means you are receiving money from someone or the govt because you are fully or partially disabled. Assuming the disability doesnt have to do with the reproductive system I see no reason why one would not be able to get pregnant. Of course if you are asking for yourself or someone you know, a doctor would be the most qualified to answer this.
If you are asking if the money from disability can be "garnished" like wages the answer is NO. Creditors can't attach social security disability income.
How much money can I earn monthly while on Social Security disability Insurance
SSDI or social security disability insurance is a paid into program. People receiving it must have worked 20 of the last 40 quarters (5 consecutive years) and are paid money each month from what they put in as taxes. SSI or Supplimental Security Income is paid for by federal taxes.
I guess you'd need money first? Does this person have any income? How would disability insurance benefit a person without a job? If your husband is makeing money, yes! Be safe.
If you had been receiving money for disability previously, and then it stopped suddenly, and you have not received it in over five months, you need to call your state human services department or SSI or whomever it was that handled your case to see why you have not received your money.
If a parent has a disability and the child receives payment from the government and not the parent with the disability does the parent still owe child support on his disability income?
If a child is receiving money from the government because one parent has a disability, chances are that the parent will not be expected to pay child support in addition to that money. The court order that is in place controls what happens regarding support.
A. You pay less money for insurance coverage B. You are less likely to change insurance companies
Disability insurance often replaces up to 2/3 of your income. The idea is to keep money flowing in during times you are unable to work, but not to create an incentive for workers to stay disabled. Insurers want you returning to work as soon as possible, and shorter disabilities keep premiums affordable. Insurance companies ask if you have other coverage in order to make sure that you won't be making more money while hurt than… Read More
Employee benefits are things other than money the company gives you: medical insurance life insurance disability insurance retirement benefits vacation paid holidays
Yes, employer paid disability insurance plans are normally paid with pre-tax money, therefore the benefits will be taxed.
What if you have disability insurance and become disabled can they take your car your credit and still ask for money when the disability insurance was purchased to cover that type of event in life?
It is your responsibility to see that the DI pays you and YOU pay the payments on time. rem your agreement with the lender stated that YOU would make the payments on a certain date. HOW you get that money is up to you.
Can disability benefits be cancel if you receive a large amount of money from a lawsuit or have a large amount of money in a bank account?
If the law suit is a result of the event or injury that allowed the disability benefit, yes, the benefits can be discontinued, or money may have to be reimbursed to the insurance company. Consult your attorney for the specifics.
If prior to the disability you worked while on unemployment and did not report it, yes, you will need to pay back the over-payments! If you worked while on unemployment while also receiving disability benefits, the government can reduce your disability checks until the over-payments are paid back. If receiving unemployment, and reported any employment earnings, then became disabled, no, you will not need to pay back any money. If receiving unemployment, and you did… Read More
You will have to pay taxes on your benefits, and any other income you have. And unless you have money taken out of your benefit checks for tax purposes, (which you wouldn't because they don't normally tax them) you get hit with a huge tax bill in April. It is a bad financial move to get married while receiving Social Security Disability insurance. You will not be taxed if your combined income is $34,000.00 per… Read More
You can own property while on disability. If you are earning any money from these properties, you should notify your insurance carrier. These earnings may be an offset to your disabiliy benefit, but most likely not.
The schedule isn't any different, but your tax return will have to have been processed by April 15 to get the rebate according to the schedule.
Am I, as an ex-wife, allowed to find out if my former husband, a convicted felon on probation, is receiving Social Security at age 60, or Social Security for disability, and thus be entitled to money also ? I am 50 and raising our teenaged son.
You can find health international insurance for people having a disability at HealthCareInternational. There is a free 10 day money-back-guarantee if you register.
Auto Insurance - Repairs on damaged vehicles Renter's insurance - Replacement of stolen personal possessions Life insurance - Money for relatives of someone who dies Health insurance - Visits to the doctor or hospital Disability Insurance-wages lost because of injury or illness
Yes, if you owe money the creditor is entitled to go after you for it. A court will decide how much you have/can afford to pay each week. Or you can go bankrupt.
Not necessarily. This can be confusing for many. The key is who paid the premium for the disability insurance in the first place. If you pay for your own disability insurance plan completely then it may not be taxable. First, if your premium for disability insurance is paid by your employer, then it is always taxable. If you pay the premiums through a cafeteria plan, section 125 plan or such tax qualified plan where the… Read More
Yes. osteoporosis can be call a disability to get Social Security money.
Can you receive state disability payments if you are also receiving short term disability payments from a private company?
State disability payments typically are not affected by any private coverage you may have. Some private policies will "integrate" with other disability programs to make sure that you are not replacing too much of your income. Insurers don't want people making more money being disabled than working.
If you are collecting disability from personal insurance due to a workplace injury can you also get Social Security disability and Workman's Comp?
Yes. For more information you might want to check out the links on the right. If you injury was work related in the first place, I'm not sure why didn't file a worker's compensation claim. If you do file a worker's comp claim, the disability insurance company will likely want to collect much of the money you receive because typically worker's comp is an offset or an exclusion from disability plans.
If you are on SSDI (Social Security Disability Insurance) through the Social Security Administration, your wife's income isn't a factor in the cash benefits you receive. This form of disability isn't means-tested; it's based on how much money you paid into the system during your working years.
If you are on disability and become the beneficiary of a life insurance does it affect your benefits?
When you are in receipt of disability living allowance or DLA as it is also known you will also be on another state benefit such as income support or invalidity benefit and when you receive the money from the life insurance upon which you are waiting you will need to contact your local benefit section of the dhss to inform them of the extra money which you have received as it is by law that… Read More
No unemployment for students (at least in Michigan) If I said no unemployment for full time students, that should cover all states. As far as disability, yes, you can get disability if you have short term disability insurance. Since this is just for knee surgery, no point in saying how you could get long term disability as you will be fine before that becomes a issue.
Disability insurance and unemployment insurance do different things. Disability insurance replaces your income in case you are sick or injured and unable to perform your work duties. Private companies provide this coverage in PA. Unemployment insurance replaces your income if you lose your job. This is a state program. If you are disabled and your employer terminates your position, you may be able to collect unemployment. Second opinion: No because first of all you're already… Read More
What is the difference between long term disability insurance and accidental death and dismemberment insurance?
Long Term Disability policies cover you if you are put in a nursing home or need to have a nurse come to your home regardless of how you were put there. Accidental Death and Dismemberment policies are usually attached to auto policies and they pay you and your family money if you are killed or lose limbs in an automobile accident.
Individual long-term disability premiums are not tax deductible, but paid with after-tax money; therefore the benefit will not be taxable. The only disability insurance premiums that are tax deductible are the business expense and overhead DI (BOE/DOE) and Buy-Sell DI, as well as Key-Person DI.
Does your disability insurance company have the right to know your receiving social security disability for the same disability?
Yes. Most if not every disability insurance contract specifies that you must provide them with all "proof of loss", including information about the nature and amounts of income from other sources. If you have a group disability policy (sponsored by your employer, union or an association, for example), then it is very likely that the SS Disability benefits you receive will reduce the benefit payable to you. If it is a non-group disability policy (for… Read More
If you do not report the income to SSI and the IRS you are committing a crime. You could be sent to jail on several charges plus, be required to pay back money received from SSI and taxes owed. Not reporting the income can also cause you to be disallowed from receiving SSI in the future.
You rely on your income to pay your bills: mortgage, rent, car payment, utilities, groceries, etc. You need your income to save money for retirement and future emergency situations. If you get sick or hurt and become unable to work all your bills will continue to pour in, but there will be no income to offset these expenses. Disability insurance replaces a portion of your income while you are unable to work.
You don't have to repair the damage, you could just pocket the money and drive around a busted up car.
No. It has been voted on by congress but so far shut down. Some companies will loan for up to 8 years on VA disability but the rate is high. Yes, If you filed a suit and won, you can get a settlement from the DVA. If your receiving compensation, depending on how the settlement is structured, the DVA will take the money out of your compensation.
If you collect private disability and then SSDI gives you back benefits do you owe money to your private insurance company?
I would think not unless you had a SS offset rider on the policy. Check with your agent!
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
When one buys car insurance online, one should take into consideration the amount of coverage one is receiving for the amount of money one is paying. One should also take into consideration the insurance company's reputation.
Have it inspected by a trusted mechanic before you invest money into this "free" car. If it is a used car it may hold some surprises that you didn't expect, just saying.
For those who are looking to save some money, it may be beneficial to research some ways to reduce the costs of car insurance premiums. There are a variety of ways to pay less money each month. The following are some ideas to consider implementing in order to reduce monthly spending:Liability Coverage on Older Vehicles For anyone who has older vehicles, carrying only liability insurance is one way to reduce premiums.
One of the best is "Would you take money from my check, and send it to an insurance carrier so that I can have short term disability insurance that will cover my maternity leave". Short term disability for maternity leave is not typically sold direct. You have to ask your employer to make the option available to you. You pay the premium, so it's an easy thing for your employer to do for a valuable… Read More
No Wal -mart and the Hartford just want your money. they say one thing and do another. It will not take care of you if you become disabled.
NFU Horse Insurance covers the financial investment one makes when buying or owning a horse for the means of financial gain such as racing the horse, studding it out (breeding) or several other ventures. The insurance is similar to buying disability insurance for a person: If they cannot work and make money, the insurance kicks in and compensates the disabled individual. The same is true with horses. If they go lame,
Can an insurance company require a disability beneficiary to repay benefits if the person is approved for Social Security disability?
The physical Disability insurance contract provided by the insurance company will have all of the information needed to determine whether they will want their money back if a claimant is eligible for Social-Security (SS) benefits. If you have Disability insurance under a group policy (through work), there is a good chance that they will want a refund for benefits paid on any month that you were eligible and receive SS benefits. This will often be… Read More
How can you help your brother who has a bad gambling problem and spent his disability back pay award money owed to his insurance company?
Try to get him into Gambler's Anonymous. He probably also needs an attorney, or possibly may have to file bankruptcy.
Money Supermarket is a name of a company that provides car insurance, health insurance, travel insurance, home insurance, business insurance and many more. Money Supermarket company was founded in 1993.