Tuesday, April 04, 2017

Social Security Disability Benefits a Boondoggle?

Some think so. But the reality is that Social Security disability benefits are incredibly hard to get—fewer than 4 in 10 applicants are approved, even after all stages of appeal. To qualify for benefits, you must have one or more medically determinable physical or mental impairments expected to last at least 12 months, or to result in death. And many recipients do, in fact, die: 1 in 5 male and 1 in 6 female Social Security Disability Insurance (SSDI) beneficiaries die within 5 years of receiving benefits.

However, you need more than simply having a disability to qualify for benefits. You also have to prove that your impairment, or combination of impairments, leave you unable to do any job that exists in significant numbers in the national economy at a level where you could earn even $11,070 per year. 

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