In the unfortunate event you contract an illness or suffer an injury and are unable to work, Social Security disability benefits provide you with supplemental income during this difficult time.
However, applying for Social Security Disability benefits can be a confusing process if you haven't done it before. Luckily, this guide will go in-depth to provide which conditions qualify for benefits, how to apply and even how to calculate your disability benefit if you receive approval.
In This Guide
How to Provide for Your Family When Disabled
If an illness, chronic condition, or injury results in you not being able to work a full-time job, it can be crippling on your finances; this is why Social Security disability programs and SSI are available, to help you during these times. Not only can they supplement missed income, it helps recoup some of the costs brought on by family caregivers.
Informal care by family members is hard to measure in time and money spent. The AARP conducted a study on how much families spent on informal care for disabled loved ones. This includes such services as meal preparation, taking your loved one to doctor's appointments, assisting with bathing and dressing and other duties. It concluded that in 2013, families spent approximately $470 billion. As you can see, this represents a tremendous expense; this is why having benefited from Social Security or SSI is so important because it helps you offset those expenses.
If you're a disabled veteran, you may receive special, or different benefits. You learn more about military & veterans benefits here. In addition, we have a list of 100 great discounts for military personnel and veterans.
Now, let's take a look at which conditions qualify under these benefit programs.