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Social Security Disability: Threatened by 2023

by | Jun 7, 2017 | SSD - Social Security Disability Process And Benefits |

Social Security Disability (SSD) is supposed to be there for those who are unable to work due to their injuries or because of preexisting health conditions. Sadly, by 2027, it’s the current presidential administration’s plan to cut the funding of Social Security Disability Insurance by 5 percent.

That cut may not seem like much, but it could mean millions that doesn’t go to the people who need it. SSDI grew under the Obama Administration. In fact, today, the number of people on disability has actually fallen.

One problematic issue with SSDI is that trustees in charge of managing the fund have stated their concerns that the trust will run out of money in 2023. With the additional cut in funding by the administration, that could come sooner.

The SSD program does have its issues when it comes to reentering the workforce, which might explain why so many people remain on SSD in the long term. However, the Social Security Administration (SSA) does have work programs that could help you get back into the workforce if that’s what you intend to do. The program helps reduce the SSD payments little by little until they’re no longer necessary. Not all cases of going back to work needs to mean losing all disability support immediately.

Your attorney can talk to you more about SSD and what it can provide to you if you’re disabled. When you’re struggling because of a disability, this is the support you need and deserve. If your application is denied, you can file an appeal with the help of your attorney.

Source: Chicago Tribune, “Editorial: Social Security’s disabling disability program,” May 25, 2017

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