Courtesy ofBelvedere Wealth Partners
SSDI payments, like old-age Social Security retirement benefits, can be taxed, depending on the SSDI beneficiary’s other income. Here is a short primer to explain how the IRS taxes these important benefits.
If you currently receive - or are planning to apply for - Social Security or Supplemental Security Income, you can now visit the Social Security Administration’s recently updated My Social Security portal to complete many tasks online.
Come 2023, a new set of rules proposed by the federal government could improve timely access to Medicaid for millions of eligible individuals.
If you are considering saying “I do” and currently receive SSDI, SSI, Medicaid, or any other disability-related benefits, getting married could impact your benefits.
This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.