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THE BOTTOM LINE: Michael Liner is here to give you the bottom line on disability benefits! Today, he tackles the topic: Do Social Security Disability Benefits Switch to Retirement Benefits When You Turn 65?
Do you have have a question for Michael? Drop it in the comments, send us a message, or submit it here ➡️
Katie Nobles:
Hi, I’m Katie Nobles
Michael Liner:
And I’m disability attorney Michael liner.
Katie Nobles:
And you are watching the bottom line with liner legal. Today’s topic is a question from our client Benjamin. He wants to know, do social security disability benefits switch to retirement benefits when you turn 65?
Michael Liner:
Thank you, Katie. And that’s a great question, Benjamin. I love all the questions that are coming in from our clients. If you are receiving social security disability benefits SSD. So the, the disability benefit that is based on your work history, then if you are also entitled to retirement benefits, which people are, if they’ve worked for at least 10 full years then yes, at 65, the benefits do automatically transition over to retirement benefits. A unique thing about the age of 65 for people who aren’t in the realm of SSD benefits is if you are receiving SSI benefits, or if you’re applying for SSI, you are automatically eligible to receive it at the age of 65. You don’t have to even be disabled to receive SSI after the age of 65, which a lot of people don’t know. But it’s essentially it does provide for people of older age who maybe haven’t had an opportunity to work during their adult lives. So 65 is a trigger age for a few things with SSD the benefits transition over to retirement benefits. And it’s also an automatic eligibility age for SSI recipients. Great question, Benjamin.
Katie Nobles:
All right. And thank you so much for answering that, Michael, and we are accepting all of your questions. If there’s anything that you wanna know, you can submit that on our website, that is LinerLegal.com….(read more)
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Social Security Disability Benefits are a vital source of income for many individuals who are unable to work due to a disability. These benefits are designed to provide financial support to individuals who are unable to engage in substantial gainful activity due to a severe, long-term condition. However, as individuals approach their retirement age, they may wonder if their disability benefits will switch to retirement benefits when they turn 65.
The answer to this question is: not necessarily. The Social Security Administration (SSA) does not automatically switch disability benefits to retirement benefits when an individual turns 65. Instead, individuals who are receiving disability benefits will continue to receive those benefits, unless they specifically apply for retirement benefits.
It’s important to note that the amount of retirement benefits an individual is eligible to receive may be different from the amount of disability benefits they were receiving. This is because retirement benefits are based on an individual’s lifetime earnings, while disability benefits are based on their average lifetime earnings before they became disabled.
If an individual is receiving disability benefits and is approaching their full retirement age (which is currently 66 for people born between 1943 and 1954, and gradually increases to 67 for those born in 1960 or later), the SSA will automatically convert their disability benefits to retirement benefits when they reach full retirement age. However, the amount of the benefit will remain the same.
It’s important for individuals approaching their full retirement age to be aware of their options and to make informed decisions about when to begin receiving retirement benefits. If an individual is still unable to work due to a disability at the time they reach full retirement age, they may choose to continue receiving disability benefits if the amount is higher than their retirement benefit.
For those who are still receiving disability benefits and have not yet reached full retirement age, they may be required to undergo a medical review to determine if they are still considered disabled according to the SSA’s guidelines. If it is determined that they are no longer disabled, their disability benefits will cease, and they will need to apply for retirement benefits if they are eligible.
In summary, Social Security Disability Benefits do not automatically switch to retirement benefits when an individual turns 65. Individuals receiving disability benefits can continue to receive those benefits up until full retirement age, at which point their benefits may be converted to retirement benefits. It is important for individuals to understand their options and consider their financial needs before deciding when to start receiving retirement benefits. Seeking guidance from the SSA or a financial advisor can help individuals make informed decisions about their benefits.
If you have SSDI and reach your full retirement age of 66 + ? months, can you then earn any amount of $ through work income or must you stay at the earning limits that are imposed on SSDI recipients?
I got my switch over the letter at 66 1⁄2 in the amount of benefits did not change
If on ssdi can you convert it to regular ret. at age 62??
What happens if you lose your disability income because you got better at age 64 after being on disability for 20 years? With all those zeros for years not worked a normal retirement benefit would be very very low it could be a financial disaster if you recover somehow before retirement age. What happens for these people like me if it happens?
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world.Retirement doesn't come with a specific requirement, people need to understand that having a right retirement plan is ideal and can help build a financial fortitude. Also, having a financial counsellor that will guide you through every process would be good, not just any expert but a very good one!
Do you get 1 check or 2
I'll be 63 this year but I'm on SSDI and have been for a while , will it change in $$$ when i turn 65 ? or does it stay the same ..(2) will they switch my SSDI to SSI ? or how do they calculate my income then ? meaning if my SSDI is at the full amount which it was a gain this year in 03 if my SSI is higher then SSDI will they switch it over or will they take the lowest amount ?
I am on ssD i have one more year for 65. I worked until 2010. My icome now is very little compared to my earnings. Will my retirement be more?
They said it because he collected early really he couldn't work due to bad health.They took his money away..
My brother was on disability he couldn't work made 915. A month social security contacted him said he gets a little bit more for what he earned while working brought him up to 1400 they said you make to much can't have both took about 500 away from him now he back down to 930 a month .How is that possible? He did work for awhile earned the extra but social security took that money away.
If you go back to work past your 64th birthday and collect SSD does it still transfer over to Retirement?
Well, this is as clear as mud. My insurance agent said the same thing as Michael Liner and what he is stating is clear and concise except for the fact there are differing statements on this from a couple reliable sources. My transition would have just happened as I just turned 65 and I checked this since my advantage plan agent said at 65 I am now considered retired. As a result, I checked and a couple sources said my retirement age which would be 66 and some odd months.
Also, a friend of mine, years ago was converted to retirement at 62 from SSDI they reduced her benefits at that time and this may have been due to her having some kind of plan from her work. I cannot recall what her plan was called.
Well I'm going to be turning 65 in my October and I can tell you this is going to work just as well for me because I can switch over from SSDI to social security retirement benefits because they will work just as the same way as it did when I was on SSDI. But for the time being you would be getting partial benefits until your 66 and a half years old!
So if your on disability you transition to
retirement at age 65? My FRA is at 66 years and 10months. Does that mean only if I was working up to that point?
Special thanks to f o x y h a c k for the brilliant perform how i received my Social Security Disability Benefits within limited time.
Special thanks to f o x y h a c k for the brilliant perform how i received my Social Security Disability Benefits within limited time.
I am confused. I will be 65 next month but I am not supposed to be eligible for full retirement Social Security benefits until I am 66 1/2 years old. You said that we would automatically be switched over when we turn 65. Since that is 18 months before I am eligible for 100% of my Social Security retirement benefits, does that mean I will receive lower benefits amounts the rest of my life than I would have if I was switched to the regular benefits at 66 1/2? Or were you just using the number 65 as shorthand for whatever the age is that we qualify for full retirement benefits?
I am disabled and receiving SSDI benefits at age 60 , before it converts to SS Retirement benefits at age 67 can I then postpone those benefits until I reach age 70 to increase the benefit amount I receive?
So I call this social security office to find out these questions that you were talking about so if I were to get social security disability today I would get only $967. But if I was to retire today I would only get $600 and $9. But when I turn 65 you're saying it will automatically go to my retirement and not my disability so that meaning my check would only be $600 now and not $900. So they're going to be taking money away from me now.? If I'm receiving social security disability I get more so if it changes from disability to only my social security then I'm getting less. That's a s*** raw deal