Overview,Social,Security,Disab law An Overview of Social Security Disability Insurance
When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a
Two programs are being enacted by the federal government,which provides benefits for individuals with disability. Collectively, theseprograms are being referred to as "Social Security disabilitybenefits." Social Security Disability Insurance Benefits Program or SSDI Benefits authorized by the Social Security Act, Title II and is geared towards providing benefits to workers with disability and / or their dependents and surviving spouses or children. Supplemental Security Income program or SSI authorized by the Social Security Act, Title XVI and aimed at giving benefits to individuals with disability whose assets and income are below a particular level. History of SocialSecurity Disability Insurance (SSDI) Benefits It was in the year 1935 when the U.S. federal government setup a program geared towards providing elderly employees of commercial andindustrial sectors with retirement benefits. The scheme of this program isenacted through the Federal Insurance Contributions Act or FICA, setting up afederal retirement fund that the employees are required to pay into. Theemployees remit into this fund through a regular deduction on their salary. It is the Social Security and the Medicare programs that arefunded after the withdrawal of FICA tax from the employees' salaries.Meanwhile, self-employed citizens can contribute to the FICA because of thefederal tax returns. By 1956, some protection policies covering the"involuntary retirement" options on the basis of disability wereestablished. An individual, even if he / she has been forced to stop workingbecause of a disability may still have access to the disability insurance. Itwould depend, however, on the period he / she have paid FICA taxes. Objectives of SSDI The main objective of the SSDI is to replace the regularincome being received by people who have acquired a disability and can nolonger work at all or hold down his/her present work, provided that he / shehas remitted adequate FICA taxes. Under the SSDI, different kinds of benefits are provided forfamily members when their major wage earner have acquired a disability or died. The SSDI program is being financed by the Social Securitytaxes being paid by employees, employers and self-employed individuals. SSDIbenefits can be paid to workers with disability, widows or widowers, andchildren or disabled since childhood adults if they are eligible. Availing SSDI benefits The Social Security has a particular definition ofdisability that need to be met in order to become eligible to receive SSDIbenefits. The main requirement to gain medical eligibility under the SSDIprogram is the inability by an individual to perform any kind of SubstantialGainful Activity or SGA for 12 months or more. This medical definition of disability is also therequirements used to become eligible under the Supplemental Security Income(SSI) program. Determiningdisability The person with disability should have been unable toperform SGA due to an impairment affecting the physical or mental capacity andis medically determinable. The impairment can also either be expected to lastcontinuously for at least 12 months or result in death. Receiving benefits After meeting the requirements given by the disability evaluationand the disability is already proven, the payments of SSDI benefits willcommence. The beneficiary needs to wait for a period of 5 months since it isduring the sixth month after the disability began that benefits payment start.It will continue up to the second month's end of the disability. Become more informed about social security insurancebenefits with the help of Los Angeles social security attorneys at http://www.socialsecuritylawattorney.com/Social-Security-Insurance.html
Overview,Social,Security,Disab