Passive Income And Social Security Disability
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That means that you must be prepared to show that the income you receive is not the result of work activity.
Passive income and social security disability. Passive income can affect disability claims. Having a passive income can make applying for social security disability payments more challenging and to ensure you get the best outcome for your case you should start by calling terry katz associates an nyc social security disability law office who knows the ins and outs of the disability benefits process and can guide you step by step. For ssi claimants social security administrators are looking at both regular income wages and passive income funds not gained through work. While ssdi benefits are provided based on your insured status ssi is a needs based program and is determined by household income earned and unearned and assets.
In every disability case a claimant s cash flow passive income and regular income are observed. Social security disability insurance ssdi is meant to provide financial assistance to individuals who are no longer able to work as a result of a disabling condition. These earnings may be examined for evidence of substantial gainful activity or they may be examined for the purpose of reducing ssi benefits.
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