The Effect of Personal Injury Settlements on Your Disability Benefits

by | Dec 1, 2017 | Attorney

There are a number of government financial assistance programs available to provide monetary relief to individuals deemed eligible each month. However, there are strict qualification limits and criteria that must be met. If you are injured in some type of accident, and receive compensation for your injuries, then the money you receive could impact your ability to get disability benefits. The best thing to do in these situations is to hire an Oak Lawn SSDI Lawyer to better understand the situation.

The Disability Benefits Potentially Affected by a Personal Injury Settlement

Two benefits that someone with a disability may receive include Supplemental Security Income or SSI and Social Security Disability Insurance, or SSDI. Because SSDI doesn’t take into account your income or personal resources and because it is a federal entitlement program, rather than a needs-based one, a personal injury settlement will not affect it.

However, with SSI, you are receiving benefits based on your needs. You have to provide proof of your employment history to be considered eligible. If you receive a personal injury settlement reward, and there is a change in your income level, then it may reduce or disqualify you from receiving SSI benefits.

Tips for Protecting Your Disability Benefits

If you are stripped of your monthly income, it can have devastating effects. The best way to avoid this situation is by hiring an Oak Lawn SSDI Lawyer. They will be able to determine what rights you have and ensure you can continue receiving the benefits you are entitled to.

If you are facing issues with your benefits due to a personal injury settlement, hiring an Oak Lawn SSDI Lawyer is the best course of action.

Find out more about keeping your disability benefits by visiting the Harold W. Conick & Associates LTD. website.

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