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If you are collecting a accidental disability retirement because of a work related injury as a police officer is this taxable income?
The question does not revolve around the employment as much as:
If the payment is under a policy that you contributed premium to (on an after tax basis)...and how much. If you paid for the policy, generally, at least to the amount you paid as a percentage of premium, the benefits are not taxable.
Also, if the payment is for loss of something like an arm, eyesight, etc. - as it is replacing something you "owned", it generally is not taxable. if it is for income that you would have received (and been taxable when it was received), then generally, it is taxable.
your plan administrator can tell you about your specific coverage and benefit.
What else can I help you with?
Can you draw as much money at 65 on Social Security retirement as on disability?
Social Security disability benefits are typically lower than retirement benefits because they are calculated on the basis of fewer years of income. When a disabled worker reaches full retirement age, his or her benefits automatically convert from disability to retirement income at the same rate. There is no windfall payment for disability.
Can you receive Social Security disability benefits and Social Security retirement benefits at the same time?
No. The Social Security Administration will only pay one benefit -- either retirement or disability, but not both. If you qualify for disability before you reach full retirement age, your monthly benefit will automatically convert to retirement at the same monthly rate once you reach full retirement age.If you are already receiving early retirement, you do not qualify for disability because you've voluntarily elected not to work in return for a reduced monthly benefit.If you think your situation may present an exception, you can contact an SSA representative at 1-800-772-1213, Monday through Friday, 7:00 am - 7:00 pm EST, to discuss your options.
Can met life reduce disability payments by the amounts received from naval reserve retirement pension?
The portion of benefit called "Social Insurance Offset Benefit" can be reduced by any amounts received as disability or pension benefits. Also, depending on the definition of total disability and any additional riders that can enhance the definition of disability, including residual or partial benefit rider, your benefit may be reduced if you have income from a different source. Normally, retirement pension does not reduce the BASE benefit, because it's not an income from an active job/ occupation.
Can alimony payments stop because you cannot work and are collecting Social Security Disability?
Doubtful that condition would be in the divorce agreement. Check out the language regarding the alimony. For instance, there may be a time limit or, if your remarry it stops. To me, it would be unusual to include disability as a condition.
Can you collect short term disability and workmans comp in the state of Louisiana?
Not likely because they both cover the same issue and would be considered "double-dipping" or collecting twice for the same thing.
What is disability discrimination?
Disability discrimination is when someone discriminates against someone else because of a disability they have.
What chalenges did aimee mullins have to face because of her disability?
what challenges did aimee mullins have to face because of her disability
I am filing for disability retirement, am I required to have state taxes with held from disability checks I was told no because I am disabled. Thank you?
http://tax.ohio.gov/helpfiles/IFileHelp/help/2007/1040schaded.html indicates that disability benefits are a deduction on your Ohio tax forms, meaning that you should not have to withhold taxes from those checks. (Disability and Survivorship Benefits section). However, it's best to contact your state tax agency to be 100% sure: http://tax.ohio.gov/channels/global/contact_us.stm Although you should go ahea and have them held from each check, it is not required.
Can you lose disability because you got married?
no
Why is their disability?
because their get affected by something around them
Why are many celebrity nip slips not accidental?
There are many reasons why many celebrity "nip slips" are not accidental. The main reason why celebrity "nip slips" are not accidental is because stars are anxious to appear in the media.
Do you pay taxes on state disability?
No because disability payments come from taxes, so it would not make sense. Disability payments do not come from the state they are federal.
