How are Disability Benefits from Social Security Calculated?
Unfortunately, some people are injured and have a premature end to their career. They rely on this income to keep themselves and their family afloat; however, this income disappears if they stop working. Fortunately, there are Social Security Disability benefits available. When people have worked for a significant number of years, they build up credits […]
Wait Time for Social Security Disability Benefits
When you apply for disability benefits, you must choose a date that you became disabled. This date is called an alleged onset date. The date is not simply the first time you felt you couldn’t work, or the first time you received a certain diagnosis, though sometimes these can correspond with your alleged onset date. […]
Self Employment Income: The Return to Work Test
While the first two tests are the ones that are used most when determining whether or not someone is entitled to receive benefits, there is also a third test that is used to apply to people who are thinking about starting a business or returning to work more than 24 years after they first started […]
Self Employment Income: The Comparability Test of Fair Compensation
If someone is able to pass the first test, the Social Security department will then apply the second test. This will be used to see whether or not someone is being compensated at a reasonable level for the work that is being performed. Of course, this is a subjective matter. Therefore, the department will compare […]
Self Employment Income: The First Test is Significant Income
The first of the three tests that the Social Security department will use is going to check and see if someone is either giving significant services or is earning a large income. This test has two separate arms that an individual will need to pass in order to move on to the next test. First, […]
Applying for Disability Benefits While Self Employed
There are many people who require disability benefits to make ends meet. Unfortunately, the qualification process for disability benefits under Social Security can be a confusing process which is made even more challenging depending on the types of earnings that an individual has. The Social Security department looks at the earnings from an employer differently […]
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