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Lane
Lane, JD,CFP, MBA, CRPS
Category: Social Security
Satisfied Customers: 11357
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial, Social Security & Tax advice since 1986
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I have been permanently disabled for 23 years. At what age

Customer Question

I have been permanently disabled for 23 years. At what age does your monthly Social Security Disability income become "regular" Social Security Retirement income?
Submitted: 8 months ago.
Category: Social Security
Customer: replied 8 months ago.
I am 64 years of age. My 65th birthday will be in January of 2017.
Expert:  Lane replied 8 months ago.

Hi. My name's Lane. I can help with this...

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Social Security becomes social security retirement at full retirement age. (If You Were Born Between 1943 And 1954 that's age 66)

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Nothing wwill change, you won't miss a check ... you will just be paid from a different fund.

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You can read more about that here:

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http://www.investmentnews.com/article/20130421/REG/304219984/disability-automatically-converts-to-retirement-benefits-at-66

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Please let me know if you have any questions at all.

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Lane

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I hold a law degree, (Juris Doctorate), with concentration in Tax Law, Estate law & Corporate law, an MBA, with specialization in financial accounting & tax, a BBA, and CFP & CRPS designations, as well - I’ve been providing financial, Social Security/Medicare, estate, corporate, non-profit, and tax advice, since 1986.

Customer: replied 8 months ago.
Hi Lane. Many thanks for your response. I have a question about income. I have severe injuries to several disks in my neck and back and suffer from daily vertigo and nausea due to them. I can't stand, sit or lie down for very long without being in severe pain along with the above-mentioned side effects. I have HUGE debts because of my miniscule monthly income although I was working for a major international corporation when I was involved in a major auto accident. Someone offered me the opportunity to answer phones for a few hours per day although I really don't know if it is even possible. But, a question I have is, being disabled, is one even allowed to earn ANY small amounts of money (to be reported on your IRS return) or is that entirely out of the question? I know when people reach full retirement age they CAN earn money. What about me in my situation? I don't even know if I can perform menial deeds. I am just so sick each and every day. But the income is pathetic. And I would NEVER do anything illegal. Any suggestions?
Expert:  Lane replied 8 months ago.

If you are on SSI (Supplemental Security Income - a means tested program) then earning anything above $733 (the 2016 number) can jeopardize your benefit - and that's ANY income, help from family, etc.

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If you are on SSDI (Social Security Disability Income) - earned by having enough work time in the system to be what's called "fully insured," then the number goes to $1,130 per month. (AND thats only for earned income - showing that you are able to work - non-earned income, such as dividends or interest, do not affect SSDI at all)