Persons suffering from disabilities are often entitled to compensation from the Social Security Administration (SSA). Income Protection Insurance can be an efficient financial tool in times of economic crisis. But many of these people ultimately receive their benefits, nationally about 70{0f0f1c7e02bdc0566beb6e22fa5232f83512e650b042840e820c5270f763c9bc}. Insurance is a fundamental need of any individual who wants to have adequate financial security, for himself and his family.

Social Security Disability is not a welfare program; these benefits are paid for by you and were intended to act as a financial buffer in case you or a family member became seriously ill or injured. If an applicant is between age 62 and their normal retirement age; the application for benefits will be based on the applicant’s earnings record.social security administration

The Social Security Administration (SSA) encourages you to go back to work and offers a Trial Work Period (TWP) that allows you to test your ability to work. It is designed to provide income to people who are unable to work because of a disability and is intended to be provide benefits until one’s improves, or guarantees income if the individual’s condition does not improve.social security administration

This recent news, of the Social Security Administration beginning to work through their backed up cases, is promising. Bank Identification Number (BIN): It is the account number provided by the credit card issuing institution. If your earnings average more than $980.00 per month gross, then the SSA will consider you as working at a Substantial Gainful Activity (SGA) level and will not find you to be disabled.social security administration

The insurance agents can be employed by an insurance company or they may operate independently by starting their own agency. Social Security provides a variety of benefits and the trial work period does not apply to all of them. It can be obtained by applying on Form SS-5, which is basically an ‘Application for A Social Security Number Card’.