Is Your Disability Income Taxable

SSDI is funded by payroll taxes. You most likely qualify if you have worked for a certain number of years and have been paying FICA taxes. You must also be under the age of 65. You must have work credits, and the more you have, the better. After applying for these benefits, you must wait at least five months before being approved. In general, SSDI is easier to get than SSI.

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Why You Should Pay off Loans as Fast as Possible

Start by determining how much extra you can pay each month. Next, decide whether you want to pay down your debt starting with the smallest balance and highest interest rate combined – generally the best choice. Then, make your minimum payments including the amount extra you have allotted for that credit card or debt. When a debt is paid off, apply what you have been paying to the next debt.

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Payday Loans vs. Cash Advance Loans

These loans are not meant to be extended or paid back over more than the initial, agreed upon loan term. You should not consider a payday or cash advance loan if you are not sure that you can pay it back when due. Avoid rollovers or extensions, as you will be charged additional fees, which can add up quickly over time.

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