Mon to Fri: 9:00 AM - 5:00 PM
KenMark Inc Blogging How Much Money Can You Make on Social Security Disability?

How Much Money Can You Make on Social Security Disability?

Being disabled can be expensive. 

The great news is that Social Security Insurance (SSDI) benefits have risen by 8.7 percent. We at Marken Law will explore how much money you can make on SSDI benefits this 2023.

This year, you can make up to $1,430 (or $2,60 if you’re blind) monthly on SSDI. If you make more money than that, the SSA (Social Security Administration) will identify you as having Substantial Gainful Activity.

What is Substantial Gainful Activity, and How Does it Affect Your SSDI Benefits?

Substantial Gainful Activity (SGA) is the limit for SSDI. SSA will identify you to have SGA if you earn more than $1,430 (or $2,60 for the visually impaired) monthly. This limit means SSA has marked you as independent enough to make a living without needing benefits. 

How Much Money Can You Earn on SSDI?

Now that we have clarified how much you can make with SSDI let us answer how much you can earn.

The SGA does not include income streams that are not directly from employment. These income streams include investments, your spouse’s income, and other assets. 

For example, you earn below $1,470 as a contractual freelancer with a disability. But you have added financial support from your monthly dividends. SSA will not count those dividends. They will only consider your wages as a contractual freelancer. They will then qualify you for SSDI benefits. 

Can You Still Receive my SSDI Benefits if my Income Surpasses the SGA?

Yes, you can still receive your SSDI benefits within a Trial Work Period. This period is the first nine mounts you earn above the SGA amount. 

The Trial Work Period only counts the months you earned above SGA. You can subtract expenses related to your disability from your earnings to determine your monthly income.

If you earned $1,500 a month and paid $35 for monthly adaptive equipment, your actual earning is $1,465. Therefore, you will not enter the Trial Work Period.

However, what if you get a raise and earn $1,600 for one month? After you pay $35 for your monthly adaptive equipment, you will still have $1,565. That is more than the SGA limit. Your income then counts as one month of the Trial Work period. 

But if your income drops below $1,470, it will not be counted as another month of the Trial Work Period.

If you have worked for nine months above the SGA, you will continue receiving your SSDI. However, when the trial work period ends and you still earn above the SGA, the SSA will consider you no longer disabled, and your SSDI payments will stop.

What Other Reasons Your SSDI Benefits might Stop?

There are other scenarios when your SSDI benefits discontinue. For example, some scenarios related to the age limit:

  • You reach retirement age at 66 and are eligible for social security retirement benefits instead.
  • Suppose you receive benefits as a dependent under 18 with your parents in receipts. Once you turn 18, the benefits may stop.

Another factor when your SSDI benefits may change is if you get incarcerated:

  • Your SSDI benefits will cease after 30 days of jail time if imprisoned. The good news is that it will continue a month after your release. But your case may become different if you participate in a rehabilitation program.
  • If convicted of a felony but not incarcerated, your SSDI may cancel. 
  • If you’re convicted of a misdemeanor, your benefits may continue unless you are imprisoned for 30 days or more.

How can You Maintain Your SSDI Benefits?

To maintain your SSDI benefits, always maintain contact with the SSA and your doctor. Having as many regular checkups with your doctor as possible will help confirm that you still have a disability. In addition, maintaining contact with the SSA and notifying them of any changes to your circumstances will allow them to instruct you on keeping your benefits.

For example, if you get a job without notifying the SSA first, they may consider you no longer disabled. They will then schedule a re-examination of your SSDI qualifications or cancel your benefits. 

Will the Income Limit for SSDI Affect my SSI? 

While SSDI is based on disability and work credits, Social Security Income (SSI) is based on age or disability with limited income and resources.

The answer will vary from person to person. Whether you qualify for SSD and/or SSI will depend on the nature of your disability and income. We advise you to qualify and find out rather than never trying at all. But let’s look at it numerically for now.

While the income limit for SSDI is $1,470 monthly (with some income streams excluded from the SGA), it can be different for SSI.

To qualify for SSI, you must earn less than $794 monthly. For SSI, some assets may count as monthly income, and some may not. 

You are probably thinking, “If I earn below $1,470 a month but more than $794 a month, then does that mean I can keep my SSDI benefits but not my SSI benefits?”

The answer once again depends on the state of your disability and income. Try to qualify for the SSA to find out. 

Do I Qualify for SSDI and SSI Benefits?

SSDI benefits have increased by 8.7% this 2023. This is excellent news for people with disabilities who needs government support. However, it would help if you strengthened your case to qualify for SSDI and SSI benefits. An advocate can make a difference in qualifying for the benefits you need. 

Here at Marken Law, we present our clients’ cases and file the paperwork. Schedule a consultation to get the benefits you deserve.

To learn more, please check out -

Related Post

Explore the Ultimate Guide to Home Remodeling: Kitchen Tips and Ideas in This Year, Plus Local Regulations, Rules, and Tax Writeoffs in Los AngelesExplore the Ultimate Guide to Home Remodeling: Kitchen Tips and Ideas in This Year, Plus Local Regulations, Rules, and Tax Writeoffs in Los Angeles

If you`re a homeowner, you understand that your home is your most significant financial investment. And, like any type of investment, it requires normal upkeep and maintenance. One way to maintain your home looking and also functioning at its best is via home remodeling. In this article, we`ll cover the different parts of house remodeling, including kitchen remodeling, bathroom improvement, roof, and also landscape design.

Kitchen Renovation

The kitchen is commonly called the heart of the home, and also completely factor. It`s where households gather to prepare, eat, and also hang out together. If your kitchen is obsoleted or doesn`t operate well, a kitchen remodel can revive your home so ask - to help you get started.

Some preferred kitchen renovating tasks include:

  • Cupboard refacing or substitute
  • Countertop replacement
  • Updating devices
  • Adding an island
  • Mounting new floor covering
  • Updating illumination

Kitchen makeover can be pricey, yet it can additionally add significant value to your house. According to Improvement Magazine`s 2021 Expense vs. Value report, a small kitchen remodel has a typical return on investment of 72.2%.

Bathroom Remodeling

A bathroom remodel can make a large difference in the look of your home. Whether you`re seeking to upgrade an old bathroom or create a spa-like hideaway, there are lots of options to take into consideration so ask a professional -.

Some popular bathroom remodeling jobs include:

  • Installing a new tub or shower
  • Replacing the vanity as well as sink
  • Upgrading the floor covering and lights
  • Including storage solutions
  • Installing brand-new components as well as equipment
  • Revamping the design

Bathroom remodeling can likewise be pricey, however it`s an additional task that can include worth to your home. According to the exact same Improvement Magazine record, a midrange bathroom remodel has an ordinary roi of 56.6%.

Roofing

Your roofing is just one of the most integral parts of your house. It safeguards you from the aspects and also maintains your home dry and also comfy. If your roof is in need of repair service or replacement, it is very important to act promptly.

Some usual roof covering issues include:

  • Leakages
  • Missing or harmed shingles
  • Sagging or unequal roofing system
  • Moss or algae growth

Roof projects can vary from small repair services to full replacements. It is essential to collaborate with a specialist roofing contractor to analyze the problem of your roof as well as identify the most effective strategy.

Landscaping

Your house`s exterior is the first thing visitors see, so it is necessary to maintain it looking its ideal. Landscape design can enhance your house`s curb allure as well as make it a lot more pleasurable to spend time outdoors.

Some preferred landscaping tasks include:

  • Including a patio or deck
  • Mounting brand-new plants as well as trees
  • Creating a garden or vegetable patch
  • Including outside lighting
  • Mounting a water feature

Landscaping can additionally be a great method to add worth to your house. According to a research study by the National Organization of Realtors, a well-landscaped house can include 5-11% to its worth.

Local Regulations, Rules, as well as Tax Write-offs for House Remodeling in California

In California, there are particular guidelines as well as permits that may be called for depending upon the scope of your project. As an example, if you`re doing any kind of architectural work or making changes to the electric or pipes systems, you`ll likely require an authorization from your local structure department. There may also be specific policies around points like energy efficiency or water efficiency that you`ll require to adhere to.

When it comes to tax write-offs, there are a couple of things to bear in mind. If you`re making energy-efficient upgrades to your house, such as setting up photovoltaic panels or upgrading your heating and cooling system, you may be qualified for government tax credit histories. California likewise has a Property Tax Postponement program that permits homeowners with restricted incomes to delay repayment of their property taxes.

In addition to these prospective tax benefits, remodeling your home can additionally increase its value and also possibly lower your property tax bill over time. Nonetheless, it is essential to note that property tax rates can vary extensively relying on your area in The golden state, so it`s a great concept to consult with a neighborhood specialist for support.

Verdict

House remodeling projects can be a fantastic way to enhance the appearance as well as capability of your house. Whether you`re looking to upgrade your kitchen or develop a yard sanctuary, there are numerous choices to think about. Bear in mind to collaborate with an expert and take into consideration the roi when preparing your tasks.

Resources

If you`re taking into consideration a house remodeling project, there are several resources readily available to aid you start. Right here are a few that we advise:

National Association of Home Builders: This company stands for the house building industry and offers sources for house owners that are taking into consideration a house remodel. You can discover details on discovering a service provider, financing your project, as well as even green building methods.

EcoStar Remodeling & Construction
Address: 15165 Ventura Blvd Suite #315, Sherman Oaks, CA 91403
Phone: (818)918-3504
Website: ecosremodeling.com

Home Equity LoanHome Equity Loan

Home Equity Loan

             Home equity loan refers to the loan which is granted on the basis of the equity involved in home, i.e. taking loan using the residential asset of the individual as collateral. Home equity loan is the highest demanded loan, because of its various salient features, which make it more and more accessible and affordable. This type of loans is available to any individual who owns a house, which is the only criterion to be fulfilled to have this loan. This loan has been so much appreciated because it is easily assessable with not much formalities involved and also that the repayment procedure is really easy. These loans are available for different purposes like debt consolidation, education, renovation of the house and other things as well.  Learn more about Mortgage Loan 1099 Income Program by visiting Loan Trust.

 

                       The repayment of the loan is made really easy, where the debtor needs to repay the principal along with the meager amounts of interest. The debtor is at benefit when he is taking up home equity loan since the loan amount is decided at the face value of the house and also at times it is extended up to 125% of the face-value of the house. The debtor, after having the limit of credit, can withdraw money from the loan amount according to his needs and is needed to pay the interest on the amount he has withdrawn and not the amount that has been fixed as his credit limit. These easy payment schemes along with easy interest payments has made this kind of loan the most popular among the masses, who prefer taking loan through home equity loans.

 

                      The best way of leveraging the pecuniary value that is invested in the house is by going for home equity loans. Many imperative purposes are solved by utilizing the money involved in the house, which is left not for much of productive utilization. By taking up a loan through home equity loans, the amount invested in the house, which has not much liquidity is put to good use without much hassles, since it involves easy repayment and low interest rates.  

 Also the interest of these loans is tax-deductible and does not involve bringing in many tax hassles. The loan is very friendly which keeps the debtor away from many problems that are faced by the individuals taking loan through the traditional ways of taking loans. The best part of this is, any individual of any background, having the worst of credit records can also manage to procure a loan through home equity loan, provided he owns a house of his own and that house has got some value, on which the creditor reckons the limit of credit for the debtor. This loan involves revolving line of credit which is very beneficial for the debtor taking up to loan.  Find out more about Bank Statement Loans 3 Months Only by visiting Loan Trust Home Loans.

 

The Most Nutritious VegetablesThe Most Nutritious Vegetables

Vegetables are loaded with nutrients. Eating a variety of vegetables is important to achieving optimal health outcomes. Listed below are four vegetables that are particularly high in nutrients and are recommended as part of a balanced diet. Read on for some additional information. These vegetables may surprise you. They may not be as popular as you think. However, they should make up a significant portion of your diet. For the best results, you should aim to include all of them. https://madisonsdish.blogspot.com/

Spinach

One of the most nutritious foods for your heart is spinach. This leafy green vegetable is packed with nutrients including iron, potassium, magnesium, carotenoids, vitamin C, and folate. It is also high in dietary fiber. Spinach is high in vitamin K and A and is a good source of calcium. It also helps lower blood pressure, improves bone health, and decreases your risk of asthma. https://support.advancedcustomfields.com/forums/users/madisonsdish/

Some research suggests that spinach contains a powerful antioxidant called alpha-lipoic acid. This compound has been found to reduce blood sugar levels, improve insulin sensitivity, and decrease peripheral neuropathy. It also has anti-inflammatory properties. This means that a large amount of spinach can help prevent cancer. Spinach can improve your memory and prevent heart disease. In addition, it is an excellent source of folate and vitamin K.

Another vegetable rich in vitamin K is asparagus. It contains plenty of vitamin K, which helps with blood clotting and builds strong bones. It also contains vitamin A, C, E, and B6. While spinach is a great source of calcium, it is also a good source of vitamin A, folate, and manganese. However, if you are not a vegetarian, you may need to limit your spinach intake.

Kale

The nutritional value of kale is enormous. The vegetable contains more vitamin C per cup than spinach, and twice as much selenium. It also contains several vitamins, including vitamin K, vitamin E, and beta-carotene. It also has lots of fiber and sulfur, which contribute to liver health and detoxification. It is also a good source of vitamin K, which may work with vitamin D to support bone metabolism.

While the leafy greens vary in their fiber, vitamins, and minerals, kale is the best choice for the average person. Aim to include a variety of leafy greens in your diet. As a general rule, a leafier leaf contains more nutrients than a lighter-colored one. As for which one to choose, the darker the leaf, the higher the fiber and vitamin content.

The antioxidants in kale are also thought to prevent cancer. Free radicals can cause accelerated aging and other serious diseases. Studies show that kale contains plenty of these. Its high sulfur content may also help protect against tumors. The presence of these compounds may inhibit certain enzymes that contribute to cancer growth. Research from the National Cancer Institute found that cruciferous vegetables may help prevent cancer in rats and mice.

Broccoli

The high nutrient content of broccoli helps improve the health of bones and joints. Its high levels of Vitamin C, potassium, calcium, phosphorus, and zinc have been linked to preventing osteoarthritis. It also has anti-inflammatory and cancer-fighting properties. Furthermore, broccoli contains very few calories and fats. The downside is that the sulforaphane and vitamin C can become diminished when broccoli is cooked. Nevertheless, it’s still worth trying broccoli as a part of your daily diet.

The highest nutritional value of any vegetable is found in broccoli. Also known as the “King of Vegetables,” this vegetable contains a wealth of essential nutrients. Broccoli is rich in calcium, iron, dietary fibre, and antioxidants. Moreover, it is low in calories and low in carbs. In addition, broccoli contains high amounts of vitamin C and flavonoids, which may help prevent various diseases and promote good health.

Peas

Peas are a delicious and nutritious vegetable that’s often maligned as being “unappetizing.” They’re delicious served raw, and they’re also a staple of soups. But they’ve become a bit less obscure, and you may have noticed them in places you’d least expect them. Here are some ways to make peas more appetizing:

Peas are full of phytochemicals, which support the body’s antioxidant defenses. According to Karen Collins, nutrition adviser to the American Institute for Cancer Research, these phytochemicals are important because they fight free radicals. Free radicals are harmful molecules that cause inflammation in the body, and are linked to a host of chronic diseases. Peas contain polyphenols, vitamin C, lutein, and zeaxanthin, which are all powerful antioxidants.

Peas contain an abundance of vitamins and minerals, including folates. They’re a great source of B-complex vitamins like niacin, thiamin, and pyridoxine. They’re also high in many minerals, including zinc, iron, copper, and manganese. You’ll be happy to know that peas are an excellent choice when it comes to preparing healthy dishes.

Sweet potatoes

The Center for Science in the Public Interest rates sweet potatoes as one of the healthiest vegetables. They get their high score for their dietary fiber, naturally occurring sugars, complex carbohydrates, and calcium. Even better, sweet potatoes contain no saturated fat. You can eat up to one cup of sweet potato every day for healthy living. They are also an excellent source of fiber and potassium. And if you want a quick meal, sweet potatoes are one of the most filling foods on the planet.

Sweet potatoes contain a high concentration of the antioxidant vitamin lutein and zeaxanthin, two forms of the carotenoid lutein. These nutrients are found in the macula and retina, which may improve vision and protect the eye from damage caused by free radicals. Other health benefits of lutein include a reduction in the risk of heart disease, diabetes, and cancer.

Carrots

Studies show that eating carrots regularly may protect against some forms of cancer. High amounts of carotenoids in the body can lower your risk of prostate, stomach, and colon cancer. Research also suggests that eating a lot of carrots may decrease your risk of breast cancer. Carrots are also high in potassium and contain vitamins C and K. Some people may be surprised to learn that carrots also help protect against hypothyroidism.

Carrots are low in calories and packed with vitamins and minerals. Raw slices are great with dips, but they can also be boiled or roasted. Either way, they taste great. Carrots also store well in the refrigerator, where they can keep for weeks. Be sure to store any carrots with leafy green tops in a plastic bag with holes. They also last longer when roasted.

Another good source of vitamin A is broccoli. This vegetable contains about 4 times the daily recommended amount of vitamin A. Broccoli is another great source of fiber, folate, and potassium. Broccoli is another great vegetable because it contains sulforaphane, a substance that reduces the risk of cancer. Carrots are great for your eyesight and have several other health benefits.

Fermented vegetables

In addition to providing probiotic benefits, fermented vegetables boost vitamin content and aid the absorption of certain vitamins by the body. They are also a cost-effective way to improve your family’s diet. To get started, start with a half cup a day, and build up to a full cup each day. Also, experiment with different types of fermented vegetables to get a better feel for which ones benefit your body the most.

One of the primary benefits of fermented foods is their high content of live bacteria. These bacteria feed on carbohydrates and release lactic acid, which helps preserve foods and promote good health. Fermented vegetables also contain vitamins and other micronutrients that are vital for good digestion and immune system function. They are also a convenient way to get your recommended daily intake of vegetables. And they taste great! And they’re easy to make!

Apart from sauerkraut, other vegetables can also be fermented. While not all pickled vegetables are fermented, you can make your own by following the same process as in sauerkraut. Not all vegetables have the same water content, so you might need to create your own brine. But if you’re a beginner, sauerkraut is the perfect starter. You can also try fermenting other vegetables such as broccoli, cauliflower, or beets.

Tomatoes

Tomatoes are a delicious vegetable, and they are a fantastic source of vitamin C. They are also packed with vitamin A, which supports healthy skin and bones. And because they’re high in potassium, they’re great for blood pressure, too. So what makes tomatoes so good for us? The answer is the tomato family of carotenoids. A single tomato contains 40% of your daily recommended vitamin C. Tomatoes also reduce your risk of heart disease and cancer, and have anti-inflammatory properties.

Researchers found that eating tomatoes regularly is associated with reduced risk of heart disease, diabetes, and cancer. These plant foods are affordable and widely available, and can be enjoyed in a wide variety of ways. The new science behind tomatoes can help you eat more of these foods, which can lead to improved eating habits and better health. The Dietary Guidelines for Americans 2010 moved tomatoes to a new category of “orange/red” fruits and vegetables. This shift in recommendations is a good thing for everyone.