64 Years Old

[BUZZ]

Is it easier to receive ssdi if you are 64 years old ?

[Chuck75]

You are quite correct, in that the difference is a percentage, rather than a fixed amount.

Sort of an off the wall thought. If you take advantage of the higher contribution amounts in your later years to the IRA/401K plans, you can reduce not only taxable income, you reduce SSA "contributions" as well. This can impact the eventual SSA pension amount adversely .

Okay, I'll try to clarify some things. The difference between SSDI and SS retirement at age 62 is about 29% higher, not a dollar amount. The rate you get at 62, for SSDI, is the same rate as if you waited until 65 or 66(now) to retire. Some people get $2k SSDI and some get $800, depending on how much you earned and paid in over your lifetime. I believe they use the most current 10 yrs and take the highest 5 yrs to establish your rate. You can apply for SSDI even if you are already collecting SS retirement. As Chuck stated they will pay the difference, if awarded SSDI.

SSDI has a 5 month waiting period, where they don't pay anything. Those five months will be deducted from your established eligibility date of disability. It is extremely important that you use the day after the last day you worked as your date of disability onset, when applying for SSDI, especially if you haven't worked in a couple of yrs or longer, because SSDI may deny you based on lack of current "qualifying" quarters. Anyone needing to see their SS file can request an in-person viewing, with their local SS office. They will set it up and generally don't charge for the copying "you" do. They will set you up w/a desk, where they can keep you in view to make sure you don't add/delete/alter evidence.

You cannot receive Medicare until you've been on SSDI for 2 yrs, or until you turn 65yo(66yo now), whichever comes first.

pr

[Hollis]

You are quite correct, in that the difference is a percentage, rather than a fixed amount.

Sort of an off the wall thought. If you take advantage of the higher contribution amounts in your later years to the IRA/401K plans, you can reduce not only taxable income, you reduce SSA "contributions" as well. This can impact the eventual SSA pension amount adversely .

OK let me add a little more. As I stated I am retired from the Fed Gov. civil service, when I turned 62 I started drawing SS .I am 50% SC, but if you don't know they have what is called a Wind fall tax on your SS. I worked all my life on part time jobs paying into to SS. but the Gov takes about 45% of my SS now. If I apply for SSDI they will know that I am retired from Gov. will that make any driffence?