Will I lose my cash or medical benefits if I start working?
There are several safeguards in place to avoid this. A detailed analysis is needed to give a confident answer.
How much can I work and keep my benefits?
This is a great question and the most common one we are asked. There is a misconception that it is simply a number that you either stay under or go over. It is not just a number! There are several factors that affect the determination of countable income for Social Security. Having a benefits analysis completed for you is key in understanding how much you can work whether you would like to keep benefits, reduce dependence on them or eliminate them altogether. What we do gives you information to make the best choice for you and your family. Let us help!
If I lose my benefits, can I get them back?
With SSDI, in most cases, there are ways to expedite benefit reinstatement depending on circumstances. SSI typically only stops for a few reasons which can be discussed.
Why work if I am getting benefits?
The intention behind Social Security benefits is to offer support while needed. For SSI participants, you will always make more money working versus just receiving the monthly benefit. For SSDI participants, in the majority of cases, the same remains true. There are also some situations where other options may be more beneficial. Through our services, we can assess your current situation and advise you accordingly.
What if I don’t know if I want to work, have no idea what I want to do etc.. should I still do this analysis?
Regardless of where you are in the thought process of working, this analysis should always be the first step. This process does not mean you have to decide anything immediately or at all. It simply provides you with information to make an informed decision. Knowing where you are with your current benefits and how your financial outcome may or may not change, will help you to make the best decision for you and your family.
