If your loved one passes away and leaves you an inheritance, will this
affect your ability to receive disability benefits? If you are an SSDI
recipient, it will not generally affect your benefits. SSDI is not a needs-based
program, and is not always contingent upon your unearned income. The only
income that pay be affected is any wages that you earn through employment.
SSDI is an income supplement, meaning that if you are able to make a living
on your own you probably won't be able to accept SSDI. The SSA calls
this income SGA or substantial gainful activity. Your monthly payments
can be lowered or eliminated when you are gaining too much money through work.
For the year 2014, the SGA limit is set at $1,070 per month. This means
that individuals who earn more than this much money in monthly payments
may discover that their SSDI is terminated or lowered. If you earn above
the SGA, then you need to talk with the SSA right away. If you are receiving
SSI or Social Security Income benefits, and have recently inherited funds,
then your benefits may be affected.
This is because the SSI program is based specifically on financial needs.
Any income, even an inheritance, can affect these benefits. It is important
to talk with the SSA if you encounter any chances in your income, due
to employment, inheritance, or any other instance. You have up to ten
days following the end of the month in which changes occurred to report
the change to the SSA. Talk with a skilled SSDI attorney if you want more
information about inheritance and you benefits, or if your benefits are
threatened due to a special situation and you want to work through this
and negotiate with the SSA. It is wisest to have a professional there
to represent you when you petition the SSA. Call the
Zendeh Del Law Firm, PLLC today to get a skilled attorney on your side!