Sentences with phrase «while social security disability benefits»

Long - term disability insurance can be pricey, while Social Security disability benefits cost you nothing.

Not exact matches

While Old Age Security and the Guaranteed Income Supplement were designed to provide a basic minimum amount to Canadian seniors, the new Canada and Quebec Pension Plans were contributory social insurance programs established to provide basic death, survivor and disability benefits as well as retirement coverage.

While you are receiving an annuity computed using the 40 % computation, your monthly annuity will be reduced by 60 % of any Social security disability benefit to which you are entitled.

In addition to quality, experience and strength, we also have compassion for the hundreds of clients who may be experiencing financial difficulty while waiting for their Social Security disability benefits.

There is a rider — known as the Social Benefits Offset rider, Social Security Offset rider or Social Insurance Offset rider — you can add to long - term disability insurance that'll provide coverage while you apply for SSDI and in case you don't.

While you are receiving an annuity computed using the 60 % computation, OPM must reduce your monthly annuity by 100 % of any Social Security disability benefit to which you are entitled.

While you are receiving an annuity computed using the 40 % computation, your monthly annuity will be reduced by 60 % of any Social security disability benefit to which you are entitled.

While many people think they can get disability benefits from Social Security if a serious illness or injury prevents them from working, it is hard to qualify for these benefits and they might be far below what you'd need to maintain your household's standard of living.

Although this rider doesn't provide 100 % of your lost income, it will likely help to prevent the policyholder from losing their home while they are waiting for other disability benefits, such as social security, to be approved and payments to begin.

So we tell folks it's there, but if you can avoid relying on social security disability, because it's not very reliable, and it will take a while to get the benefits if you ever get the benefits.

Before we provide some tips to getting life insurance while receiving social security disability benefits, we should take a look at some of the most common ailments and how they are treated by providers.