If you've been hurt and suffered a disabling injury, you may not be able to return to work. In that case, you can usually apply for Social Security Disability benefits. These benefits help you receive an income even though you're unable to work a normal job. You may have some questions about Social Security; here are some common concerns.
Will applying for Social Security Disability benefits reduce Social Security retirement benefits?
No. Your disability payments will pay the same as if you were receiving your full retirement benefits at age 66. If you reach 66 and still have the disability payments, you'll be switched to retirement income instead.
Should you cancel an application for Social Security Disability if you think you'll be back to work within a year?
Your medical paperwork will show how serious your injuries are. If you submit the paperwork and the Social Security Administration doesn't believe your illness or injuries constitute a disability, then your claim is likely to be denied. On the other hand, if you've been too optimistic, then you'll have the income you need while you take longer to recover.
If you receive workers' compensation and Social Security Disability, how much can you receive?
You're entitled to up to 80 percent of your pre-disability income. If you were to receive a full income or more, it would be less likely for you, or anyone else, to want to return to work. The goal of this lower amount is to encourage people to return to work when they're able. Your attorney can help you make sure you're getting the most out of your benefits arrangement.
Source: Tucson.com, "Social Security and You: Questions about disability benefits," June 18, 2016