Disability Retirement O/O

don't drive/earn over your limits..???

if you try to defraud the gooberment, you will be caught, and WILL have to pay back all earnings over your limits, PLUS taxes, PLUS you can be taken off disability...up to and including jail for fraud against the gooberment...

why risk it..???

ask THEM what you can earn....and obey what they say, and they WILL WANT proof.....

 

Yeah what he said ^^

I would get a corp going, put the truck under it, get it leased on with a company and get a driver in it, have someone else manage the paper work end of it like a wife, brother and take a dividend out of it.

 

I don’t know about now. But used to be the first year you were allowed to make as much as you liked. However after 1 year evaluation risk losing benefits. My father did just that upon learning of the rule ( after 3 mos of boredom) Got a Job Teaching at Truck Driving School. In 1998 unfortunately he never made it to the one year re evaluation. He had decided since He was in a heart transplant program that severity of disability wouldn’t be an issue.Dont know if same rules apply today, or how passing physical is possible with disability. Lots of people working that could qualify for disability. It’s just not feasible to do so. I’ve known a few over the years who choose to stay on disability when they can earn 3 x as much and are able to work.Dont know your situation and not being Judgemental. But it’s a choice. Otherwise as stated run Truck through wife’s name with a Driver and maybe Yourself Driving Occasionally. I’ve known quite a few retired Teamsters do that and still collect full pension Driving full time.You could do same at 10 cents a mile. Wife makes the rest.Till theycatch you

 

If you are on disability then are you not supposed to be disabled to where you can’t work?

 

If you're well enough to drive, & pass a dot physical, why not go off of disability and drive as much as you want.

 

You’re a loser and you are ruining our country. Please stop.

 

SSA with the SSdI program has declared one disabled and completely off the rolls. However there are three ways to work. One is to simply go to work part time and your earnings generally did not exceed a certain number each month enough to trigger a reduction or elimination in benefit. HOWEVER your earnings is taxable and you will have to file each year for Uncle Sam and State for it however small such as say 3000 dollars gross. Your disability is not taxable.

There is a special program that if something came along and you wanted to see if you are able to physcially do this work and be productive, you were allowed 9 month program once in lifetime to see if you do well. If for whatever reason you cannot continue and stopped there is no problem (Still file taxes) However if you thrived in this work and no apparent impingement on the original disabling condition then you will be taken off disability and best wishes.

You can work, there is nothing that says you cannot. Your earnings will be used (If any) to reduce or stop your disability if they are high enough each month.

If you for some reason are imprisoned or in jail more than 30 days your disability will stop. You are in custody by the State or Federal and they make sure you do not profit from it. There is a good chance that if your crimes were sufficiently bad you will not collect anything until 62 or 65 anyway.

If you were to research disability fraud investigation, you will discover that many people have tried to defraud in some way and were pretty much caught really bad and then the weight of the Government falls on them.

Disability is a small part of society, I think it was 6 million total when I was part of it and it's around 13 million or so now. Medicare is part of that but has a two year wait limit meaning once you are approved, there is a two year wait to get it. It does not cover everything. Usually 20% or if you went to a doctor or surgeon who has you sign a form saying they do not accept a penny of Uncle Sam's money YOU have to come up with the 100% of the charges should you have the doctor do the work on you.

The Same or similar things apply to Vets who are recieving a ratings based disabillity from the VA. They pay out much differently. To be 100% rated means to have a check for just about 3000 dollars each month. That's around 36000 annually. If you were 50% rated service connected disability, then that will only be about a thousand a month.

The big difference with VA is that your medical care is given without any thought to cost or billing. The Nation is pleased to take care of that little detail for your service. Medicare patients on the other hand, they have a deductable annually which is around 1400 and 20% of what is left over. Plus copays which are increasing each year as the budget cuts kick in. Medicaid does not have very much and sometimes even less in terms of medicine. They do not get as many doses per month as medicare does. However medicaid means you are pretty sick and without resources beyond a certain age that other services are brought in to help you.

Your SSdI is determined by your actual earnings, specifically the three best quarters within a limited time prior to your claim date. Which is why it's important to have work wages reported accurately and so on.

SSA is doing well with about 3 trillion in assets so far. They do however as of this year take in less than they pay out. In 2034 roughly 23% of all benefits, INCLUDING Retirees older than 62. They mean ALL across the board. will be mandatory cut so that benefits can continue to be paid for a while. My Cola increases between .02 to 3% a year and should cover that 23% loss when that time comes. More than likely I would be by then on full retirement and not part of SSdI because full retirement at 67 will be almost twice what I take home now. Inflation can be expected to eat that up by then. (I don't expect to be alive anyway that long) SSI is a seperate program affecting much few numbers of people to a very limited range of permanent handicaps in life and sometimes including having a fudicary assigned if that person is deemed mentally messed up and unable to manage own finances. Which includes brain damage from botched medical care and drug related brain damage etc. The SSi is not part of the overall discussion here because it enjoys special protections in many things in life.

 

MORALS and attitudes aside. To the op the way around is.Form a Corp either a s Corp or llc. Make someone else (your wife kids etc)the principal. Do NOT put your name on it. Then you will have use and control. Can do what you want to do. Just make sure to figure, file and pay taxes in full in time.

 

Sounds like a lot to do being "disabled." The American way. Sad. Something designed for people that need help. Then try to figure out ways to side step the rules and screw the folks who pay into it.