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Question

I am 55 and was injured while working in a mva - I am receiving WC benefits and SSD benefits and have not worked in 7 years. I was just interviewed for a small p/t job which I could not live on but I would be working some. If it was offered to me, how would it affect my WC benefits and SSD? I was asked what wage I would like. I have 35 years of accounting/finance experience. The books have not been started for 09 - income level is $100,000 month in real estate residential rentals. All they have is the checkbooks and previous years ledgers. I can't determine from a 1 hr interview whether this person / business is legitimate or not? This is the Buffalo, NY area and good jobs are tough to find. It is a family run business and their new office in the top floor of a prestigious office bldg. downtown. They have a paralegal that makees $19/hr and this about all I know. Please respond or call me at XXX XXX XXXX Laura

Submitted: 31 days and 18 hours ago.
Category: Tax
Value: $15
Status: CLOSED
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State/Country relating to question: New York

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Accepted Answer

Hello laumatthe,

If you are currently receiving SS disability benefits, you may return to work part time, and as long as your earnings are not more than $970 per month, you would not lose your SS disability benefits. If your earnings were more than this amount, you would no longer be eligible for SS disability payments.

As far as your workman's comp benefits, you may still receive a portion of these benefits, depending on how much you make at your new job. If your new rate of pay at the new job is lower than what you were earning on your old job, and the lower pay is due to your disability, then you would likely continue to receive at least partial benefits from workman's comp. There is no set formula for determining how much of your workman's comp benefits you might continue to receive, as each case is reviewed independently and will depend on a number of factors including your old wages, your new wages, the type of work you are perfoming, etc.

If this was helpful please press the Accept button.

Thank you laumatthe

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Expert: Merlo
Pos. Feedback: 99.8 %
Accepts: 
Answered: 10/23/2009

Accountant

25+ years tax consulting. Specializing in returns for US citizens living abroad

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