Holiday Woes – How Social Security Disability Can Help
The holiday season can be a financially challenging time of year, especially if you aren’t able to work. The desire to be generous, spreading holiday cheer through charity and gifts to loved ones can be offset by the constraints of a strict budget. You may need to be frugal, finding ways to show your generosity and appreciation for others without perpetuating your financial hardship.
The good news is there are many ways to take part in holiday festivities and traditions without straining your finances. For instance, maybe writing a thoughtful card or poem could replace buying a Hallmark card. Handwritten notes are oftentimes overlooked as an inexpensive way to show your appreciation. Or, perhaps taking the time to volunteer a few hours at your local charity would allow you to feel connected and also help those in need. In the end, it is the thought that counts, not the monetary value of the gift.
Though you may be focused on doing for others this time of year, it is also important to take the time to do something for yourself: to plan for your financial future. If you are out of work because of a physical or mental condition you should consider applying for Social Security disability benefits. One of the major benefits of the program is receiving a monthly benefit check. This can make your financial planning easier, providing you with a sum of money you can rely upon every month. Another advantage of Social Security disability is qualifying for health insurance. After 24 months of being disabled (or unable to work) you will qualify for Medicare. For many, Medicare gives the ability to obtain the necessary medical treatment for health conditions, which can be a life saver.
One of the biggest mistakes you can make is allowing too much time to pass to find out if you qualify for this program. The Social Security Administration has strict time limits in which you can qualify for the benefits program. The program is similar to car insurance. You are covered under your car insurance up until a certain point… then it runs out.
You have five years from the date you stopped working full time to apply for disability benefits. Now, five years sounds like a long time, but it is not. Five years can elapse quickly, and unfortunately, you will no longer qualify for the program beyond the timeframe given. Do not hesitate to call a disability attorney if you have questions regarding your eligibility or would like to know more about how to apply.
Though the holidays can be a tough time of year, it is also a time to be hopeful for the future. With the help from these programs, the New Year may bring relief from the financial and health-related stresses that have burdened you in the past, and that is certainly something to look forward to.
Image courtesy of freedigitalphotos.net by Arvind Balaraman
Elizabeth Gormley, Esq. is LaBovick Law Group's lead Social Security disability and Veterans Affairs attorney. Ms. Gormley is well-versed in SSD law and reviewing medical records. She is a VA accredited attorney.