As a recipient of Social Security Disability Insurance, you may have firsthand knowledge of how hard it is to receive approval for these benefits. Once you gain access to them, you may want to do everything in your power to help ensure that you continue to receive them. So, you should become familiar with the ways in which you could potentially stand to lose them.
The Motley Fool reports that there are certain situations and life changes that could threaten your ability to receive SSDI benefits. Some of these situations are as follows.
Returning to work
The U.S. Social Security Administration only gives SSDI benefits to those who have disabilities serious enough to make them unable to work. If your condition improves so much that you return to work on a conditional basis, you may continue to receive SSDI benefits during your Work Trial Period. If you return to work once the trial period ends, you may also be able to receive SSDI benefits for another 36 months if your earnings within a particular month are low enough.
Reaching the age of retirement
Aging is unavoidable, and once you hit retirement age, your SSDI benefits end, and your retirement benefits begin. Most people who receive SSDI benefits and then hit retirement age find that the amount received each month remains consistent.
Failing to meet the definition of “disabled”
The SSA has a very strict standard you must meet in order for it to consider you disabled. If your condition gets better and you no longer meet the criteria, you may lose access to your SSDI benefits.
Understanding the ways in which you may lose access to SSDI benefits should help you protect your benefits eligibility. It may also help you with critical long-term planning and budgeting. Find more about SSDI benefits on our webpage.