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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The Social Security Act: Learn How to Protect the Welfare of the Retired

The various programs within the SSA guidelines are designed to assist Americans as they retire or become disabled. Approximately 50 million Americans participate in social security programs today. To learn more about your benefits, contact your closest social security office. A better idea would be to go online and set up an account (if you haven’t already done so) and review all your potential benefits and future payments when you retire, etc.

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