Many residents of San Diego first start considering their eligibility for Social Security Disability (SSD) benefits after they suffer a life-altering injury in a work accident. After all, it usually does not take too long for the victim to realize that she will need to find another source of income so she can support herself and her family.
There are two actually two types of Social Security Disability (SSD) benefits. For those California residents who have a documented work history, SSD benefits may be available to them. Those who apply for these benefits are eligible for them, so long as they legally qualify as disabled.
The newly-appointed and confirmed Commissioner of the Social Security Administration (SSA) has announced a hiring freeze that will affect some quarters of the Administration. This affects Californians looking to work for the SSA or applying for benefits from the SSA.
Amyotrophic lateral sclerosis, or ALS, is a terminal condition that affects a victim's nervous system, specifically in the brain and around the spinal cord. This condition forced the famous baseball star, Lou Gehrig, in to retirement and ultimately killed him, which is why it is called Lou Gehrig's disease.
Many people in San Diego may think if they get disabled, then they are not allowed to ever work again, if they want to keep their benefits. There is some truth to this in that Social Security Disability (SSD) benefits typically get awarded once a Californian is unable to hold a job due to an illness or injury. However, this does not mean that a person can never work after receiving disability.
Many people suffer from the symptoms of clinical depression. Far from being just a rough patch in life, a person with clinical depression may not feel the same for weeks or even months. Depression can also cause physical problems, like headaches and stomach aches. Depression can also affect a person's sleeping and eating habits, as well as a person's ability to concentrate on a task.
Many people in San Diego who apply for disability benefits wind up having their applications denied, even when they do have an injury or illness that keeps them out of work. In these circumstances, an applicant who needs benefits may need to request to have a review hearing before an Administrative Law Judge.
A number of studies have demonstrated that a 20-year-old worker has a 1-in-4 chance of becoming totally disabled before reaching full retirement age. That percentage is likely to grow as Congress increases the full retirement age from 65 to 67 and beyond. Total disability can be a financial disaster because it almost always causes a large drop in a person's earning capacity. Fortunately for disability victims, the Social Security Administration administers a program that provides significant financial support for permanently disabled persons: the Social Security Disability Insurance (SSDI) program.
As this blog often notes, it isn't easy to successfully apply for Social Security Disability benefits. The Social Security Administration rejects a majority of first-time applications, and although applicants get chances to appeal this rejection, getting through the bureaucracy can be difficult.
As they get older, Americans must think about saving up for retirement, and many come up with a simple plan: Work longer. Many Americans are working past age 65. Staying in the workforce longer can, of course, help a person to save up more money. There are also tax advantages to this strategy, as workers can save their money in a 401(k) or other retirement account that avoids or defers taxation.