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A Series of Unfortunate Events: How Social Security Disability Can Help

If you suffered from nearly any workplace accident, such as an explosion, slip and fall or dismemberment your medical needs are probably covered by Social Security Disability Insurance (SSDI). So if you are not able to work, you will receive stable monthly payments to pay for personal bills. Here are a few ways to incorporate SS disability payments into your everyday life.

Build a Budget Plan

Social Security DisabilityYou are given a restricted payment every month that is based on your previous earnings. At the beginning of 2015, Social Security paid an average monthly disability benefit of $1,165 and payments can not exceed a $3,000 limit, so you are required to budget carefully and spend responsibly. Your Social Security payments are supposed to cover most living expenses – rent, utilities, food and transportation. However living on $1,165 a month is virtually impossible even without additional medical expenses. So even though you are covered by insurance, it is important to have some savings.

Assist with Individual Living Needs

The Social Security program accommodates the plan to each recipient’s unique situation. You receive payments based on your individual earnings and the extent of your disability. You receive the specific amount that you deserve to live independently. If necessary, the SSD office issues a payee if you need assistance with managing finances. Payees help homeless and indebted recipients who need help saving for housing and living expenses.

Build a Savings Plan

In addition to following a budget, you have the opportunity to build a savings plan. This option is available only to people who receive steady monthly payments and helps them to prepare for emergency expenses.

Increase Chances of Returning to Work

The chances may not seem likely to disabled people, but they have the possibility of recovering from a disability and returning to work. Their opportunities increase when they receive supplemental income from an SSD plan that covers doctor’s visits, medications and physical therapies.

The laws that involve SSD payments vary by state. The first step is to review the laws to understand your options as a disabled person and a former employee. Your chances of being approved for coverage greatly increase when you have legal representation from social security disability attorneys who have handled countless SSD cases.

The Social Security Disability (SSD) program provides you with options to build your personal finances, which in return helps you to rebuild your life. When you are disabled, the first step is to manage your finances well with the help of disability checks. Learn the ways to follow a SSD program properly and make the most out of the Social Security payments given to you by the Administration.

For more info Everyday Health has an excellent article entitled “10 Myths and Facts About Social Security Disability Insurance

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