Disabilities can impact different individuals in different ways. While one person may suffer from a permanent physical ailment that limits their capacity to move, another may suffer from a mental illness that prevents them from successfully interacting with other individuals. California residents who suffer from disabilities may be able to secure disability benefits from the Social Security Administration.
California residents may endure a long wait to find out if they have been approved for disability benefits from the Social Security Administration. Disability benefits are an important source of support for men, women and children who cannot work due to disabling illnesses, injuries or conditions, and who do not have other sources of income or funding. Once they are issued, disability benefits can be reviewed and evaluated to determine if their recipients still qualify for them.
Many California residents may have heard about the difficulties of applying for Social Security Disability benefits and how the process can be overwhelming for someone who is already suffering from a medical condition that is preventing them from performing many basic functions. The rejection rate shows that only about one-third of first-time applicants get accepted, which is cause for alarm for those who are applying for SSD benefits.
As a previous post here mentioned, it is important to understand which disability benefits plan administered by the Social Security Administration an applicant might qualify for. Otherwise, California residents may find themselves wasting time and effort applying for benefits they could not receive and then becoming too disheartened from applying from the ones they potentially could. The differences between Social Security Disability benefits and Supplemental Security income were pointed out in a previous post, but it is important to understand the specific criteria of eligibility for SSI benefits.
Payroll taxes are the main source of funding for Social Security Disability benefits. SSD benefits are available to those who have worked for a certain number of years and have made the necessary contributions to the Social Security trust fund through various taxes. However, the Social Security Administration also administers disability benefits through another program-Supplemental Security Income.
Once California residents have finally completed their Social Security Disability benefits applications, submitted them, gotten them approved and begun receiving SSD benefits, they might think their hard work has paid off and they are now at the end of the road. However, the Social Security Administration conducts periodic reviews, ensuring only those people who are disabled receive SSD benefits. News of a review may overwhelm recipients, but most often, there is nothing to worry about.
Less than one in three workers in the country have private disability insurance, which means that if they sustain an injury that prevents them from working they may have no means of assistance. Social Security Disability Insurance is the one safety net that more than 155 million workers rely on, as they are insured through their payroll or FICA taxes.
Not only is it frustrating to not be able to work and continue to remain financially independent, it is also economically devastating. It can also be life threatening when people who need to purchase medicines and get medical treatment are unable to do so because they do not have the financial means to do so. At times like these, Social Security Disability benefits can become the safety net that prevents California residents from falling. Therefore, it can be worrisome when these benefits either do not materialize at all or do not become available on time.
Although it is perhaps our nation's most important social program, most people, including those who live in California, probably know very little about Social Security benefits, especially SSD benefits. Therefore, it may come as a surprise to them that more than 62 million people receive a guaranteed payout from the Social Security Administration monthly, of which more than 20 million rely on these benefits to keep them out of poverty. Additionally, 175 millions workers are covered by this security net in case they die untimely or are severely injured.
When California residents imagine their old age, very few imagine they would become disabled or unable to work due to a chronic illness. However, one in four of people currently in their twenties is likely to become disabled before they reach the age of 67, according to the Social Security Administration. Since it is a real possibility, preparing for it is very important. One way to prepare is to know the basics about Social Security Disability benefits.