Social Security Disability, have you ever thought about it? Probably not. Nobody plans to become disabled during their lifetime. However, the reality of disability is much greater than you may realize. According to ssa.gov, 1 in 4 of today’s 20 year-olds will become disabled before reaching the age of 67.
Disability is something we never hope for, but is certainly something we must have a plan for in case it ever happens to us. Social Security can provide options in case the unforeseeable happens.
If you have worked jobs in your lifetime covered by Social Security, and have a medical condition that meets the definition of disability with the Social Security Administration, then you qualify to receive benefits. The state of Tennessee requires proof that the applicant’s condition, whether it be physical, mental or both, eliminates the ability to work and earn income.
Monthly cash benefits are paid to qualified recipients who are unable to work for one year or more, and continue until you can return to work on a regular basis.
SSA has “work incentives” that provide you benefits and health care coverage until you are back to work. Your disability benefits will convert to retirement benefits at the same amount if you are still receiving social security disability when you reach full retirement age.
Note: it is not necessary to have been disabled for an entire year prior to filing for disability; a review of the medical evidence can be used to make a projection as to whether an individual’s condition will be disabling for at least one full year.