Whether you call it a side gig or a second or seasonal job, most Americans have more than one source of income nowadays. What many don’t realize, though, is how even the smallest amount of money that they generate from a job or government funds that they receive may adversely impact their ability to continue receiving Social Security Disability (SSD) benefits.
While private insurance, retirement and disability benefits generally do not affect your ability to receive SSD benefits, any monies that you receive from public sources such as disability or workers’ compensation funds may.
Any public disability or workers’ compensation payments you receive from a local, state or federal government could reduce how much in Social Security benefits you can receive.
This includes any funds that you get from disability programs such as state-run temporary, civil service and local retirement ones. It also includes any workers’ compensation programs administered by insurance companies, employers or state or federal agencies.
There are some government-administered or public benefits that you may earn that won’t impact how much in Social Security Disability Insurance (SSDI) that you’re eligible to receive.
Supplemental Security Income (SSI) and Veterans Administration (VA) payments are two types of government funds that won’t affect the amount of SSDI that you can collect. If you receive local or state aid that’s already had Social Security taxes deducted from it, then this will be excluded as well.
Individuals who have their payments increased, reduced or discontinued should report that information to the Social Security Administration (SSA). By doing so, it may either increase or decrease the amount of disability payments that they receive.
Disability benefits may be awarded to an individual because they developed an illness or were hurt at home or on the job. How much you’re eligible to receive depends on how much income your household makes, how much you’ve paid into Social Security and other factors. A Knoxville Social Security Disability attorney can help you determine whether you may qualify for benefits and if so, how much you may expect to receive.