Two benefit programs are provided by the Social Security Administration (SSA) to disabled Americans: Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Continuing eligibility for either program hinges on a number of factors that include your medical condition, your housing situation, and any other income or resources you earn or receive. The two programs have substantial differences, so what may disqualify an SSI recipient may not disqualify an SSDI recipient. In southern California, if you are applying for either program or simply need more information and advice about disability benefits, speak promptly with an experienced Los Angeles Social Security disability attorney.
While it’s always tragic to lose a loved one, an inheritance is a good thing, an indication that someone cared enough to think about you in a special way. Receiving money or property through inheritance will not affect SSDI benefits. Only the wages that you earn through employment can affect SSDI payments in any way. In 2014, if you earn $1,070 or more in a single month, your payments may be affected. The figure changes annually to reflect the current cost of living. SSDI benefits are earned benefits that are not impacted by unearned income including inheritances and gifts. However, if you begin working and earning income while you receive SSDI benefits, you must report this income to the Social Security Administration (SSA).
On the other hand, if you are receiving SSI payments and inherit unearned income, your benefits will be affected. The SSI program is based on your financial need, so any income, earned or unearned, can affect your benefits. You must notify the SSA about any changes to your income; you have up to ten days after the end of the month in which you inherited income to report it. If you need any advice, help, or guidance regarding either SSDI or SSI benefits in southern California, don’t hesitate to call an experienced Los Angeles Social Security disability attorney immediately.