Filing Your Application
-
I am disabled, but I have
some savings.
Do I have to wait until this money is gone before I apply for Social
Security disability benefits?
- No. If you are applying for SSDI, Disabled Widow’s or Widower’s benefits
or Disabled Adult Child benefits, it does not matter how much money you have
in the bank. There is no reason to wait to file the claim.
If you are applying for SSI, there are limits on the value of assets you can
own, so any property, cash, stocks, etc. that you own may prohibit you from
receiving SSI benefits.
For even more information you won't find anywhere
else, download our
Free eBooks on Social Security
Disability
Back to Social Security FAQs |