It can take months or even years before you are finally awarded your disability benefits in Woodstock from the government. What can you expect now that you have been approved and stand to receive your hard won monthly monetary support? Not to take the joy out of the moment, but you’ll want to keep in mind that Social Security Disability Income (SSDI) doesn’t begin until after the five month waiting period from the starting date of what Social Security deems as the onset of your disability. But as said at the beginning of this article, it can take months or years to be approved, so by the time you have been accepted for disability benefits, that waiting time might actually be finished.
The amount of time you spent working at your job and how much you made per year helps determine the amount of your monthly disability benefit check. The amount of the check will also comply with Woodstock’s laws and regulations, as well as your living arrangements, money received from friends or family and if you have a pension, were paid unemployment compensation, or had worker’s comp. You’ll be informed of how much your benefit check will be each month when you get the notice that you’ve been accepted to receive disability benefits.
The easiest and fastest way to get your payment is to set up a direct deposit with your bank, or you can use the Express Program which is a special card that the SSA puts your funds in at regularly scheduled intervals. Social Security will mail you a yearly statement that shows a record of all the payments.
Children who are minors, ex-spouses, elderly spouses, dependent family members and disabled children are all people in your family that may be eligible for receiving some of your disability benefits in addition to you. Talk to your Woodstock disability lawyer for more information.
Another thing to talk with your lawyer about is what part of your disability income can be taxed. If you and your partner file jointly and together your combined income is substantial, you could end up paying up to an eighty percent tax on your disability benefits.
If you are eventually able to go back to work, your disability benefits will end, whereas if your condition never improves, or you are irreparably disabled, they will continue to assess your condition and regulate funds accordingly.
