Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [disability]

16 questions
5
votes
2 answers

How to determine the right level of disability insurance based on a person's lifestyle

I'm trying to determine what level of disability insurance is right for me. A thought crossed my mind: certain people experience less risk of disability. A person who works from home is at less risk than a police officer or a construction worker. I…
nlambert
  • 51
  • 1
2
votes
1 answer

Supplement disability income by trading stocks?

I would like to supplement my disability income. I have about 5k to play with and was thinking of trading stocks as a way to earn some extra cash. I have time and I largely spend my days in front of the computer anyway. If 5k is too little to do…
Chance DG
  • 21
  • 1
2
votes
1 answer

Attributing SSDI backpay to previous tax years

I was recently approved for SSDI and will be receiving 8 years of backpay. If I count it as income this year, it will create a larger tax bill. However, it is my understanding that it is possible to attribute backpay to previous tax years. I have…
Brian
  • 123
  • 2
2
votes
1 answer

What programs and or assistance is available to family when homemaker becomes disabled?

If a non-working spouse, homemaker/parent, becomes seriously ill (cancer) and disabled, what programs, assistance, insurance are available to such a family? A family not living below poverty line (median income household). I have searched online,…
paulj
  • 1,192
  • 6
  • 15
2
votes
1 answer

Social security disability benefits

I read the following in my social security statement. "Disability — If you become disabled before full retirement age, you can receive disability benefits after six months if you have: — enough credits from earnings (depending on your age, you must…
user2371765
  • 1,084
  • 8
  • 12
1
vote
0 answers

Selling a home while Canada Disability

My friend on disability and want to sell my house and buy a smaller one. They will profit from the sale but will put that money into a new house. Will this count as income and mess up my disability? I keep hearing different things. Seems like if it…
troy
  • 11
  • 1
1
vote
1 answer

I haven't filed taxes since 2012, unable to work so no income, married but husband deserted me early 2013, do I qualify for a stimulus payment?

I haven't filed taxes since 2012 (married, filling jointly at that time). I've been unable to work since 2007, medical issues, but can't qualify for SSD/SSI and I haven't had medical insurance since around 2008. I'm married, but my husband deserted…
Texas Blue Eyes
  • 11
  • 1
1
vote
1 answer

Haven’t been able to work since Oct 2017. Is there tax due for a 401k withdrawal while totally disabled?

I have had 14 hand surgeries, one each on my elbow, shoulder and hip. I had 2 knee surgeries and my right knee needs replacement. If the temperature is below 40 degrees, my hands go numb and I can’t use them. I have severe arthritis in both hips…
Wolfiebonbon
  • 19
  • 1
0
votes
3 answers

Disability insurance available for severe events

I have health insurance, supplemental AD&D thru my company, short-term and long-term disability. I have private small supplemental IDI as well. If one were to fall ill with cancer or experience infarction, while laid off, what insurance covers such…
paulj
  • 1,192
  • 6
  • 15
0
votes
0 answers

Voluntarily stopping SSDI and still receive Medicare?

I'm helping a friend on SSDI navigate returning to work (as a freelancer) full time, while retaining some healthcare-she currently has Medicare because of SSDI (more specifically, Parts A and B and-most importantly-a Part C program where she…
Amanda_Panda
  • 101
0
votes
2 answers

What kind of work/income is doable for one with social ineptitude but not qualifying for disability benefits?

Say someone has like autism or just social issues, but their specific case is not enough to qualify them for benefits. What is the alternative? If no one gives you money but you can't steadily make it yourself, isn't homelessness/theft all there…
Just Here To Dream
  • 1
0
votes
2 answers

disability insurance starting medical residency

My daughter will start a medical residency in July 2022. Evidently, she can purchase a disability policy at that time without medical underwriting. I am wondering,in general, do these policies end when she finishes her residency in 3 years and…
JCJ
  • 1
0
votes
1 answer

Will stock options continue to vest if an employee goes into State Disability Insurance (SDI)?

If an employee in a publicly traded company needs to go on SDI (to get treatment) will the employee continue to vest options (ISOs, RSUs)? Is SDI like a sabbatical from a company's perspective where they don't have to pay salary to the employee but…
perennial_noob
  • 1,946
  • 3
  • 15
  • 35
0
votes
0 answers

How can I word a life estate for myself without saying Life Estate?

I'm disabled and considering structuring a mortgage assumption to buy a primary home in Texas. My strategy is to have the seller settle a living estate trust that will bi pass me and convey to my heirs at maturity (death of the settler or note…
michael merkle
  • 1
  • 1
0
votes
0 answers

Disability Insurance - Limitation While Outside the United States or Canada

One thing that's very important to me about DI is that it doesn't restrict its coverage area to just within US & CA. Since I will have the policy for 20 years, given the current trend of globalization, I have no idea where I'll be residing within…
ssgao
  • 101
  • 2
1
2