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Will Social Security Disability Become Insolvent?

According to the Social Security Trustee report released last month, the Social Security Disability Trust Fund will run out of money in 2016. According to the latest figures, since 2009 the trust fund has been paying out more money each year than it brings in, creating a potential for insolvency. This issue is not new and reared its ugly head in 1994, when at that time, Congress took action by reallocating money from the retirement program to the disability program.

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What’s the Difference Between SSDI and SSI?

If you are disabled, you most likely qualify for disability benefits. There are two forms of benefits you may be eligible for: SSD and SSI. Although they are similar, there are some notable differences between the two. So what’s the difference between SSD and SSI? The main distinctions are associated with the individual’s income and how each program is financed.

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What To Know About Social Security Disability Payments

Social Security will pay you and certain family members if you have worked long enough and have a medical condition that has prevented you from working or is expected to prevent you from working for at least 12 months. Obtaining Social Security disability payments can be a daunting task and going through the process alone may leave you with many questions.

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What Social Security Disability Forms Do I Need?

Applying for Social Security disability benefits can be a frustrating process and you may not even know where to begin. Like many, you’re probably wondering, “What social security disability forms do I need?” The list below is a good place to start when you’re ready to submit your application.

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What Medical Conditions Qualify For Social Security Disability Benefits?

When seeing if you qualify for Social Security disability benefits, there is a step-by-step process that takes you through specific questions. One of them is primarily focused on the details of your disability. To actually be considered “disabled”, one must meet certain criteria. What medical conditions qualify for Social Security disability benefits? Although the Social Security Administration provides a detailed list of all possible medical impairments, we’ve consolidated it so that it’s broken down by body system.

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What Does It Mean to Be Disabled?

For purposes of Social Security Disability Benefits and SSI benefits, in order to be found disabled, one must have a severe impairment, or combination of impairments, that prevent the person from performing substantial gainful activity (SGA) and the disability must be expected to last, or have lasted, for at least one year.

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What Do SSI Benefits Include?

The Supplemental Security Income program (SSI) can be a lifesaver for low-income individuals or families. That being said, not many understand what it can provide for them. What do SSI benefits include? Here are a few benefits SSI can grant you and your family.

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What Are The Social Security Disability Requirements?

If you’ve been injured and can’t continue to do your job anymore, you may be looking into receiving some sort of disability benefits to cover the cost of living and medical bills. While looking into the different programs and researching what you have to do, it may dawn on you that this will be no easy task. When doing your research, “What are the social security disability requirements?” is probably one of the first questions that came to mind. If you’re considering applying for SSD, here are a few things you should know.

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The Truth Behind the “Chart”

Certain forms of media have been hyping a “chart” which shows the number of Americans that receive disability benefits through a federal disability program, currently just under 11 million people, outnumber the populations of several countries, including Portugal, Greece and Tunisia.

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How Does The SSA Decide If You’re Disabled?

If you have a disability or suffer from a long-term illness, you may be eligible to receive disability benefits. But in order to receive these, you must apply first. So how does the SSA decide if you’re disabled? You must meet specific criteria.

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