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04-19-2017, 11:20 AM | #1 | |||
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Wouldn't the kids potion be for their ongoing care now going up, with hopefully some saved for college?
Just curious.. Seems odd they pay it out but would require a reissue at age 18.. I would suggest investing or dividing the lump sum, have a plan for the future..
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04-19-2017, 11:58 AM | #2 | |||
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"Thanks for this!" says: | Jomar (04-19-2017) |
04-19-2017, 12:18 PM | #3 | |||
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Wisest Elder Ever
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A financial advisor is a good idea. You'll need a non-biased neutral third party to explain the pros and cons of different scenarios especially if there are children involved. That's a lot of money for anyone to try and manage alone. Good luck!
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04-20-2017, 03:42 PM | #4 | ||
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I thought the family maximum for SSDI is between 150% and 180% (usually 150% I believe). If so, then the 2 kids would get half of the $1,705 every month - $850 a month split between the 2 of them ($425 a month each).
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05-08-2017, 12:17 PM | #5 | ||
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Hi I am filling out papers for my 32 year old son for ssd .how long befor we get a reply?
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05-08-2017, 01:06 PM | #6 | ||
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05-09-2017, 01:16 AM | #7 | ||
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06-06-2017, 03:17 PM | #8 | |||
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Elder
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I started my SSDI application in December 2016 but finished it in February before submitting it. I kept going back in and it said "processing". Today I decided to call my local SS office. The person I spoke to said it had been approved (!) but she wasn't sure why there had not been any payments yet. So she put me on hold a couple of times, said she was emailing the person who worked on it and said I should get a letter in 7-10 business days. It was approved effective Dec. 2016. So if you are waiting, and checking online, CALL THEM! I have been worrying about this for months, and running low on money in my checking account. I won't be making that much but it will certainly help, and it will only be 6-7 months of back pay. I feel like a weight is off my chest today.
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"Thanks for this!" says: | echoes long ago (06-06-2017) |
05-08-2017, 01:36 PM | #9 | ||
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You should hear from them initially from 4 to 6 weeks.....I forget what the % are, but very high failure rate first, and second time... I think the fasted I heard to get approved was 4 month from start to approval. |
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