In order to qualify for social security disability, a person needs a doctor to confirm that they are disabled and unable to perform any type of work. Discover why a disability attorney may be necessary to help qualify for social security disability with help from a licensed insurance agent in this free video on retirement planning and personal finance.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz…(read more)

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retirement planning: How to Qualify for Social Security Disability

retirement planning involves considering various aspects, such as savings, investments, and insurance. However, it is equally important to be aware of potential unforeseen circumstances that may affect your retirement, such as disability. Social Security Disability is a government program in the United States that provides financial assistance to individuals who are unable to work due to a disability. In this article, we will discuss how to qualify for Social Security Disability benefits and ensure a secure retirement plan.

To qualify for Social Security Disability, you must meet certain eligibility requirements set by the Social Security Administration (SSA). Here are the key factors that will determine your qualification:

1. Sufficient Work Credits: Social Security Disability benefits are based on your work history and the contributions you have made to the Social Security system through payroll taxes. To qualify, you need to have earned enough work credits by paying Social Security taxes over a certain period. The number of credits required depends on your age at the time of disability, and how long you have been working.

2. “Recent Work” Rule: The SSA also considers a rule known as the “recent work” requirement. This rule ensures that you have worked and paid enough into the system recently. The specific conditions vary depending on your age, but generally, you must have worked for at least five out of the last ten years before becoming disabled.

3. Qualification as “Disabled” Under SSA Definition: To be eligible for Social Security Disability, you must meet the SSA’s definition of disability. According to their guidelines, you must have a medical condition that is expected to last at least a year, prevent you from doing substantial work, and is severe enough to impair your ability to earn a substantial income.

4. Meeting Medical Criteria: To establish your disability, you must provide medical evidence that supports your claim. This may include medical records, doctor’s statements, test results, and other relevant documentation. The SSA will review this evidence to ensure that it aligns with their criteria for disability.

5. Age and Ability to Perform Other Work: The SSA will consider your age, education, work experience, and transferable skills to determine if you can adjust to a different type of work considering your disability. If they believe you can perform other work, it may impact your eligibility for disability benefits.

Applying for Social Security Disability can be a complex process. It is crucial to provide accurate and complete information to support your claim, as any discrepancies can delay the decision or lead to denial. It may be helpful to consult an attorney or a disability advocate experienced in handling Social Security Disability cases to ensure you meet all the requirements and navigate the application process smoothly.

In conclusion, understanding and planning for potential retirement challenges, such as disability, is an essential element of retirement planning. By comprehending the eligibility criteria for Social Security Disability benefits, you can make more informed decisions and prepare for unexpected events. Ensuring your financial security during retirement requires careful consideration of all aspects, including potential safety nets like Social Security Disability.