[Jobs] Is there a Penalty when you Retire?

Daniel Frye dbfrye0468 at gmail.com
Thu Aug 23 20:01:47 UTC 2018

Dear Grumpy:

The following answer is based on general information. There may be certain situations when there are more nuanced pieces of data that will change this general information. But the essential answer to your question is as follows:

The sum of money that you receive on Social Security disability insurance (SSDI) is representative of what you would be receiving at full retirement age. Consequently, the SSDI that you receive during your lifetime, prior to your benefits transitioning to retirement, have no bearing on what you will receive at retirement. The SSDI amount that you are receiving is calculated to represent what you should get at full retirement. The only caution that I would add is to make sure that the SSDI amount that you are paid is accurately calculated, including use of the disability-freeze, provisions of the law. This can significantly increase your disability, and ultimately retirement, benefits. I am currently in the hospital, and do not have access to my laptop at the moment. I am dictating this solely by my iPhone, without a Bluetooth keyboard or braille display. Please forgive any dictation errors, but I hope the foregoing has answered your question and was clear. If you would like to discuss this, upon my discharge, I would be happy to have you give me a call at my mobile number, noted below.

Dan Frye
(410) 241-7006 (personal mobile)

Please forgive brevity and any typographical errors.
Sent from my iPhone

> On 23 Aug 2018, at 3:48 pm, Dave via Jobs <jobs at nfbnet.org> wrote:
> \Hello,
> This question is for those of you receiving Social Security Disability,
> or if you are an Expert in the methods and Practises of the Social
> Security Agency.  
> Some of you worked actual jobs, at least long enough to build up enough
> credit to be able to apply and receive Social Security Disability
> payments.
> Do you know if receiving these SSD payments if it will affect the amount
> of Social Security Retirement payments when you actually Retire?  
> The Retirement payment is calculated by some formula run against the
> income you earned as a employee, or Business owner.  However, if you once
> made $3500 a month, then could not find further work, and you end up on
> SSD, and now you get $1400 each month as a Disability payment, does
> Social Security now look at that $1400 each month as income?  And if
> they do, the $1400 each month is way less than the $3500, and so will it
> change what you may receive each month when you retire?
> Applying for and receiving SSD could be detrimental to the amount you
> eventually receive once you retire.  
> <Slight laugh>  I was reading some Social Security info yesterday, and
> was stunned to see the typical amount people receive as a Retirement
> benefit was only around $1100 per month.  
> I am not sure how people are living on such a small amount.  
> So, thought I would ask a question or two.
> Grumpy Dave
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