0
What else can I help you with?
Does a severance payment affect Disability benefits?
Yes, a severance payment can impact disability benefits, depending on the specific terms of the disability program and the nature of the severance. For some programs, severance may be considered income, potentially reducing the amount of disability benefits received or affecting eligibility. It's essential to review the guidelines of the specific disability program and consult with a benefits advisor for clarification.
What has the author S Mohammad written?
S. Mohammad has written: 'Disability advisor's assessment system'
Can you collect state disability and federal disability same time?
Yes, it is possible to collect both state disability benefits and federal disability benefits simultaneously, but there are specific rules that apply. State disability programs vary by state and may have different eligibility criteria and benefit amounts. However, receiving state disability benefits might affect the amount of federal disability benefits you receive, as some states offset their payments with federal benefits. It's essential to check the regulations in your state and consult with a benefits advisor for personalized guidance.
Can you retire while receiving Ca state disability?
Yes, you can retire while receiving California state disability benefits, but it’s important to understand how retirement may affect your disability payments. If you retire and begin receiving retirement benefits, your disability benefits could be reduced or terminated, depending on the circumstances. It’s advisable to consult with the California Employment Development Department (EDD) or a financial advisor for specific guidance based on your situation.
Can you collect disability insurance and also receive a pension at the same time?
Yes, you can typically collect disability insurance and receive a pension simultaneously, but it may depend on the specific policies and regulations governing both benefits. Some disability insurance policies might reduce benefits if you receive other income, such as a pension. It's important to review the terms of both your disability insurance and pension plans or consult with a financial advisor to understand any potential offsets or limitations.
i am selfemployed and i owe taxes for 2005 and 2006 i cannot pay them because of back and knee apoerations and filed for disability and the keep adding on penality and interest can you help me get them reduced?
first locate a disability and tax advisor or tax lawyer.they will be able to tell you and advise you ways the IRS wont
Can you receive disability and retirement benefits?
I do. I have received disability since 2005 and just started 2010 drawing my portion of my x's retirement. I didn't receive enough in disability to file a return but now with the other it put me over, so I will have to.
Can you collect disability and short term capital gains at the same time?
Yes, you can collect disability benefits and have short-term capital gains simultaneously. Disability benefits, such as Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), are not directly impacted by short-term capital gains. However, if you are receiving SSI, your total income, including capital gains, could affect the amount of benefits you receive. It's important to consult with a financial advisor or a benefits specialist for personalized guidance.
Can you collect severance pay and disability at the same time?
Yes, you can typically collect severance pay and disability benefits simultaneously, as they are considered separate forms of compensation. Severance pay is a payout from your employer upon termination, while disability benefits are intended to replace income lost due to a medical condition. However, it's important to check the specific terms of your severance agreement and the policies of the disability program, as there may be restrictions or offsets in some cases. Consulting with a legal or financial advisor can provide clarity based on your situation.
Can i withdraw 401k when i am disability at 58?
Yes, you may be able to withdraw from your 401(k) due to your disability at age 58, but you may need to meet specific criteria set by your plan. It is advisable to consult with your plan administrator or a financial advisor to understand your options and implications before making any withdrawals.
What companies buy your VA disability pension in PA?
In Pennsylvania, there are no companies that buy VA disability pensions, as these pensions are typically not transferable or assignable. However, some financial institutions may offer cash advance services or loans based on the expected income from a disability pension. It’s important to be cautious with such options, as they can come with high fees and interest rates. Veterans should consider consulting with a financial advisor or a veterans' service organization for guidance.
Can you be terminated while on cpp disability and if you be receive a lump sum payment from an insurer?
Yes, you can be terminated while on Canada Pension Plan (CPP) disability, as your employer may choose to terminate your employment for various reasons unrelated to your disability. However, if you are receiving benefits from a private insurer, you may be entitled to a lump sum payment depending on the terms of your insurance policy. It's important to review your specific insurance contract and consult with a legal or financial advisor for personalized guidance.
