Your Questions About Factors Affecting your Social Security Benefits
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by: albert.tobega
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Q: I own a business, but do not run it myself. Would I still be eligible to receive Social Security benefits?
A: As defined by the Social Security Administration, disability is the "inability to engage in any substantial gainful activity." What is considered "substantial gainful activity" comes from the National Wage Index, which averages monthly wages across the board. The SSA considers an applicant to be working or employed at any time the that person "is the owner or part owner of a trade or business even if he or she does not actually work in the trade or business or receive any income from it."
The money your business makes may have an effect on your social security disability. If that income goes over the predetermined substantial gainful activity (SGA) level, the SSA may consider it a substantial income. This level is determined by comparing your business earnings to your pre disability earnings, and the earnings of a non disabled person engaged in the same business.
Q: If I pass away while I am in the Social Security Disability application process, where does my claim go?
A: The SSA states that when an individual who was or could have been eligible to receive social security benefits becomes deceased, surviving family member can request a Lump Sum Death Payment. This means that, if you were to die in the process of applying for social security benefits, your survivors may make a case for the social security benefits you may have earned after the waiting period. To do this, surviving family members need to prove that their deceased relative did or could have qualified for social security benefits in the month that they died.
Lump Sum Death Payment of social security benefits is available only to particular surviving family members. As part of the application process, the SSA will request information about the deceaseds Social Security record and application (if they applied for social security benefits). They will also request evidence of the deceaseds disability beginning at 14 months before the date of death.
Q: If I am receiving social security benefits and I die, what happens to them?
A: When you are receiving social security benefits, and have paid social security taxes, some family members may be eligible to receive survivors benefits upon your death. For ones family to be eligible for survivors benefits, up to 10 years of work is needed, depending on ones age. The following relatives may be eligible for survivors social security benefits:
• A widow or widower, who will receive full benefits at retirement age, and reduced benefits starting at 60 • A disabled spouse aged 50 or over • Unmarried children under 18 (or up to 19 if attending high school) • Children of any age disabled before the age of 22 • Dependent parents who are 62 years old or older. See more Veterans disability lawyer Orlando social security lawyer Veterans lawyer Social security benefits orlando Social security disability
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