5 Benefits of Social Security Disability Insurance

Today marks the 60th anniversary of Social Security Disability Insurance. On August 1, 1956, President Dwight D. Eisenhower signed a bill into law that amended the original Social Security Act. These amendments included the creation of Social Security Disability benefits for those who were unable to work. Today, millions of workers are insured in case they become disabled. These services are paid for, in part, by the FICA taxes that are taken out of your paycheck.

There are many valuable benefits you can qualify for if you should become disabled. Here are five of the most important:

  1. Monthly pay: Every month, you’ll receive income from Social Security. This can be a real life-saver for people who are no longer able to work due to their disabilities.
  2. Health insurance: Medicare isn’t just for people who are old enough to retire. You can also receive health insurance through Medicare if you qualify for Social Security Disability Insurance.
  3. Dependent benefits: If you have dependents living in your home who are under age 18, you could receive funds each month in addition to your regular income. The additional amount varies, but is usually about half the monthly benefit.
  4. Retirement “freeze”: Typically, if you aren’t in the workforce, your retirement benefits through Social Security will decrease. If you’re approved for disability insurance, your years out of the workforce won’t be counted against you.
  5. Incentives for returning to work: If your health improves and you’re able to go back to work, Social Security will help you get there. Your disability benefits include a number of free services to transition you back into the workforce.

As you can see, there are many ways Social Security Disability Insurance can help you if you’re unable to work. However, the application process can be complicated. Contact Jordan Law Firm if you need assistance with filing your Social Security disability benefits or if your claim has been denied.