If you receive Social Security disability benefits, there is a chance that your monthly payment could be reduced. This may be because your income increased or because your medical condition improved to the point that you were able to hold down a job. Let’s take a look at these and other reasons why you or other Kentucky residents could see a reduction in SSD benefits.
You were recently married
If you get married, the government will need to review that person’s income and assets to determine if your benefit amount needs to be adjusted. Getting married may also have an impact on a child’s ability to receive compensation.
You’re receiving retirement or disability benefits
Depending on your age, you may be entitled to receive state or federal retirement benefits. Once you become eligible to start obtaining some or all of your retirement funds, the Social Security Administration will likely recalculate your monthly benefit payment.
The same may be true in the event that you are eligible for workers’ compensation or other types of disability assistance. You can expect the SSA to review your income up to three times a year to determine your continued eligibility for SSD benefits.
You decide to return to work
You are allowed to earn money from an employer without giving up your SSD benefits. However, the amount of your monthly check could go down even if you are below the threshold for obtaining substantial employment. In some cases, you may be allowed to receive SSD payments even if you go back to work full time. You are encouraged to contact the SSA prior to resuming full-time work to determine how it may impact your ability to collect SSD compensation.
If you are receiving SSD benefits, it is in your best interest to understand how the payments are calculated. Consulting with an attorney may help you learn the factors used when determining the amount of your monthly benefit and understand what could cause it to change in the future.