Disability Insurance 01 – Unemployment Insurance – Goverment Program in Case of Disability
Disability Insurance 01 – Unemployment Insurance – Goverment Program in Case of Disability
The main purpose of disability insurance is to to replace an individual’s income should they be unable to work as a result of either an accident or a sickness. In fact, People tend not to spend a lot of time thinking about the financial devastation that could result from a disabling injury or sickness therefore if disability strikes, the balance between personal earnings and expenses suddenly is upset, and the threat of financial disaster can quickly become a reality. In this article, we will discuss the government program that will help the short needed for disable workers.
Most employed people contribute to employment insurance through payroll deductions. Employers send the amount they withhold from the employee’s pay to government related department Employers are also required to contribute to the employment insurance fund and must add their portion of the premium to the employee contribution when submitting the monthly deductions.
Therefore, workers who contribute to this program entitle to received benefit in case of short term disability and sickness
a) Any workers have worked in insurable employment for at least 900 hours ( Depended on the rate of unemployment it may be changed) since the last claim, if that claim was made within the last year.
b) have a physician’s statement proving disability.
Benefit is payable for a maximum period of 15 weeks after 2 weeks of waiting period.
Remember the employment sickness or short term disability adopt a second payer principle if other disability benefit are payable
The benefits will be reduced dollar for dollar when the claimant receives:
1. employment income such as wages, commissions or bonuses
2. payments in compensation for an accident on the job or a work-related illness such as Workers’ Compensation benefits;
3. group insurance benefits for sickness or loss of wages;
4. compensation for loss of wages from certain accident insurance policies.
5. pension income or retirement income
The benefit will not be effected
1. Disability pension
2. Workers’ Compensation payments from a permanent settlement
3. A personal or individual sickness or disability wage-loss policy.
4. Retroactive raises in wages or salary.
I hope this information will help. If you need more information, please visit my home page at:
http://lifeanddisabitityinsuranceunderwriter.blogspot.com/
http://disabilityinsurance01.blogspot.com/
All rights reserved. Any reproducing of this article must have all the links intact.
I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990
Article from articlesbase.com
Categories: Disability Pension Tags: Case, Disability, Goverment, Insurance, Program, Unemployment
Social Security Disability Insurance Recipients To Get Extra $250 By Summer
Social Security Disability Insurance Recipients To Get Extra $ 250 By Summer
Belleville, IL (Vocus) February 26, 2009
Belleville, Ill – Social Security Disability Insurance recipients can look forward to receiving a one-time $ 250 bonus payment by early summer, according to Allsup, which represents tens of thousands of people in the Social Security Disability Insurance (SSDI) process each year. The American Recovery and Reinvestment Act of 2009, recently signed by President Obama, launches a $ 787 billion national economic stimulus package that includes the one-time $ 250 payments to those eligible for SSDI, Social Security retirement, Supplemental Security Income (SSI), railroad retirement benefits and U.S. veterans disability compensation or pension benefits.
“This additional income, though minimal, can help offset the rising costs for people with disabilities,” said Paul Gada, personal financial planning director at Allsup. “Recipients may want to consider using it toward healthcare costs, especially if they are still in the 24-month waiting period to become eligible for Medicare benefits.”
The good news is even better for couples who receive Social Security benefits—because each recipient will receive a one-time $ 250 payment. “That means you’ll have an additional $ 500 in income available, which could be an important cushion,” said Mr. Gada. “For example, this amount could be put toward an emergency fund.”
SSDI is a federally mandated insurance program overseen by the Social Security Administration (SSA) that operates separately from the retirement and SSI programs. SSDI provides monthly benefits to individuals who are under full retirement age (age 65 or older) and who can no longer work because of a disability (injury, illness or condition) that is expected to last for at least 12 months or is terminal. Individuals must have paid FICA taxes to be eligible. More details are provided in the “SSDI Overview” on Allsup.com.
More Details On The $ 250 Bonus Payments
To help clarify details about the $ 250 bonuses to SSDI recipients, Allsup has outlined answers to common questions about the one-time payment.
Who is eligible for the $ 250?
Anyone who was receiving SSDI benefits anytime during the three-month time period of Nov. 1, 2008, through Jan. 31, 2009 will receive a bonus check. In addition, beneficiaries in the Social Security retirement, SSI, railroad retirement and veterans benefits programs are eligible.
What if I got my SSDI in February 2009?
Unfortunately, you will not receive the one-time $ 250 payment because your entitlement date was after Jan. 31, 2009.
When does the payment go out?
The Social Security Administration expects everyone who is entitled to receive their payment by late May 2009.
If I’m eligible, how do I get the payment?
You do not need to do anything. There is no paperwork required. You will receive the additional payment automatically using the same method that you receive your regular benefits (i.e. direct deposit, mailed check).
Will I get more than one $ 250 payment?
Recipients are only entitled to one $ 250 bonus. It does not matter if you are on both SSDI, SSI or other benefit programs.
My children get dependent benefits, so will they also get a $ 250 bonus?
No, children under age 18 (19 if still in high school) who receive Social Security benefits will not receive a bonus. However, disabled adult children will receive a payment.
If my spouse and I are both on Social Security, do we only get one $ 250 payment?
No, each adult receiving Social Security benefits will receive a $ 250 payment. This means both you and your spouse will receive payments.
Will this payment affect my taxes?
No, the one-time $ 250 payment will not be counted toward gross income for your federal income tax.
What if I don’t get the payment?
If you don’t receive a payment by June 4, 2009, the SSA recommends contacting your local Social Security office or calling (800) 772-1213 to report that your payment did not arrive.
ABOUT ALLSUP
Allsup, Belleville, Ill., is a leading nationwide provider of financial and healthcare related services to people with disabilities. Celebrating its 25th anniversary in 2009, Allsup has helped more than 110,000 people receive their entitled Social Security Disability Insurance and Medicare benefits. Allsup employs more than 550 professionals who deliver services directly to consumers and their families, or through their employers and long-term disability insurance carriers. For more information, visit http://www.Allsup.com.
# # #
Attachments
©Copyright 1997-2010, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Disability Pension Tags: $250, Disability, extra, Insurance, Recipients, Security, Social, Summer
People with Disabilities May Miss Out On Significant Tax Savings This Season
People with Disabilities May Miss Out On Significant Tax Savings This Season
Belleville, IL (Vocus) March 18, 2009
People relying on Social Security Disability Insurance (SSDI) benefits may have among the lowest incomes, yet they can pay more than they should in taxes, according to Allsup, a leading provider of Social Security disability, financial and healthcare-related services to people with disabilities.
“Just like healthcare and other costs, taxes can be a concern for people with disabilities when they aren’t managed well,” said Paul Gada, a tax attorney and personal financial planning director for the Allsup Disability Life Planning Center. “More than 9.2 million people rely on SSDI benefits, but some may not understand the tax implications. They could be missing opportunities to reduce the real cost of their expenses.”
Below, Allsup offers five guidelines to help people with disabilities minimize the impact of taxes. More help is in Allsup’s tax resources section on Allsup.com as well as in a podcast also issued today.
1. Be sure you know how your SSDI benefits are taxed.
Both monthly and lump-sum retroactive payments of SSDI benefits are subject to federal income tax.
Monthly SSDI benefits. Up to 50 percent of your SSDI benefits may be taxed. This is determined by adding up one-half of your SSDI benefits plus all of your other income sources. Taxes are owed on any amount above a base level (2008: $ 32,000/couples filing jointly; $ 25,000/individuals).
“The average 2008 monthly SSDI benefit was under $ 1,100,” Gada said. “As a result, most people will not owe any or will owe very little taxes.”
Lump-sum SSDI benefits. It can take two to four years to receive disability benefits. As a result, someone could receive a lump-sum payment of $ 40,000 or more for back benefits owed. Mistakenly paying taxes on this as additional income in one year could be devastating to a person whose financial future depends on this amount.
Fortunately, there is a special election that allows lump-sum payments to be spread over previous tax years that represent the retroactive pay period. This can be done using the current year tax return, with no need to file an amended return. However, the calculations are complex and Gada recommends seeking tax assistance.
2. File an income tax return – even if you do not owe taxes.
If you do not file a tax return, you can miss out on credits and deductions that could make a difference of several hundred dollars in your budget.
Earned income tax credit (up to $ 4,824). This is a refundable credit, meaning that any amount higher than a person’s tax bill can be received as a tax refund. To be eligible, a taxpayer or spouse had to be employed for a part of 2008, earned below $ 12,880 to $ 41,646 – depending upon filing status and the number of children claimed – and had investment income of no more than $ 2,950.
Recovery rebate credit ($ 300 or higher). In addition to the recently announced $ 250 bonus payment, Social Security recipients who did not take the full tax-rebate credit based on their 2007 income may still be able to do so based on their 2008 income. Individuals with at least $ 3,000 in qualifying income (from a job, SSDI, etc.) can take this credit. It is $ 300 for single filers and $ 600 for married couples receiving just Social Security or veterans-disability benefits, and higher for others. Anyone claiming a rebate may be eligible for an extra $ 300 for each of their children under 17.
3. Take the credit for the disabled if you are eligible.
You are eligible for this credit if you receive taxable disability income from a former employer’s accident, health or pension plan–and have 2008 adjusted gross income under $ 17,500 for single filers; $ 20,000 for joint filers with only one spouse eligible for the credit; and $ 25,000 for joint filers with both spouses eligible. Find more details on Allsup’s Web site under Tax Credits for Lower Income Taxpayers.
4. Keep track of your medical and dependent care expenses.
Because people with disabilities often have low incomes combined with high healthcare costs, they may benefit from the medical deduction and dependent care credit so long as they document their expenses.
Medical deductions. Taxpayers who itemize on their tax returns can deduct medical costs equaling more than 7.5 percent of their adjusted gross income. Deductible expenses include medical and dental costs, travel expenses for treatment, long-term care insurance premium payments and costs for certain equipment for the visually and hearing impaired and physically disabled.
Individuals who are blind may be entitled to an additional standard deduction on their tax return.
Dependent care credit. If you pay someone to care for a physically or mentally impaired dependent or spouse, you may be able to take a credit of up to 35 percent of the cost of the care provided while you are working or looking for work.
5. Deduct the costs of seeking your SSDI benefits.
If you hired a representative, like Allsup, to help you get your SSDI benefits, you can deduct the fee that you paid your representative. You will need to itemize your return; the expenses for collecting the taxable part of your SSDI benefits are deductible as miscellaneous itemized deductions on line 23 of Schedule A (Form 1040).
About Allsup
Allsup, Belleville, Ill., is a leading nationwide provider of financial and healthcare related services to people with disabilities. Celebrating its 25th anniversary in 2009, Allsup has helped more than 110,000 people receive their entitled Social Security Disability Insurance and Medicare benefits. Allsup employs more than 550 professionals who deliver services directly to consumers and their families, or through their employers and long-term disability insurance carriers.
For more information, visit http://www.Allsup.com.
The information provided is not intended as a substitute for legal or other professional services. Legal or other expert assistance should be sought before making any decision that may affect your situation.
Editor’s Note: Find an Allsup podcast with tax information at http://www.allsup.com/portals/4/allsup-tax-savings-ideas-podcast.mp3.
Mary Jung, (773) 429-0940
Dan Allsup, (800) 854-1418 ext 5760
###
Attachments
©Copyright 1997-2010, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Disability Pension Tags: Disabilities, Miss, People, Savings, Season, Significant, this
£60 extra for OAPs
(Vocus) December 5, 2008
Greenwich Council is reminding residents aged 60-64-years-old to claim an extra £60 of benefits by Monday 22 December 2008.
The payment goes out between January and March, 2009, and is for residents on State Retirement Pension, Pension Credit, Attendance Allowance, Disability Living Allowance, Carer’s Allowance, and other benefit schemes.
Councillor Peter Kotz, Greenwich Council’s Cabinet Member for Welfare and Benefits, said,
“This is a nice little extra which can be easily claimed. The money will be added automatically for some, but I encourage anyone that is unsure to call the Council – remember the deadline is 22 December.”
To find out if you are entitled to an extra £60 please contact Greenwich Council’s Welfare Rights Service, Monday to Friday, 9am until 5pm, on 020 8921 6375. Or visit: http://www.greenwich.gov.uk
Those who receive Christmas Bonus’ from the Department of Work and Pensions (DWP) will automatically be sent the £60, and do not need to call.
If you would like to know more about state benefits call the DWP on: 0800 141 2591.
For media information contact David Harrison on 020 8921 5214. Email: david.harrison(at)greenwich(dot)gov(dot)uk
###
©Copyright 1997-2011, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Disability Pension Tags: extra, OAPs
Pura Vida! Insiders Guide to Visiting Manuel Antonio
Pura Vida! Insiders Guide to Visiting Manuel Antonio
An eBook designed to give traveler’s the real scoop on visiting Manuel Antonio, straight from the mouth of an American who lived there. From how to pay a quarter of the price for a taxi to true Costa Rican etiquette, this isn’t your average guide book!
Pura Vida! Insiders Guide to Visiting Manuel Antonio
A Man’s Guide To Retiring To The Philippines|Reinvent Your Life Today!
A Man’s Guide To Retiring To The Philippines|Reinvent Your Life Today!
This guide shows how I retired in luxury to the Philippines, and found love, all on a pension budget. Affiliate tools page is included, and the authors contact details are available for one to one help for readers. This is hot topic for pre-retirees.
A Man’s Guide To Retiring To The Philippines|Reinvent Your Life Today!
Categories: Disability Pension Tags: Guide, Life, Man's, Philippines|Reinvent, Retiring, Today
History of Veterans’ Disability Pension Systems.: An article from: Sabretache
History of Veterans’ Disability Pension Systems.: An article from: Sabretache
This digital document is an article from Sabretache, published by Military Historical Society of Australia on December 1, 1999. The length of the article is 5805 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: History of Veterans’ Disability Pension Systems.
Author: Bruce Topperwie
List Price: $ 5.95
Price: $ 5.95
Categories: Disability Pension Tags: article, Disability, from, History, Pension, Sabretache, Systems, Veterans'
5 Top Government Schemes For People Living With Disabilities
5 Top Government Schemes For People Living With Disabilities
The UK government has implemented many schemes with a view to making everyday life easier and more accessible for people living with a disability.
One such scheme is the Disabled Facilities Grant, which is a local council grant to help you with the cost of adapting your home to suit your physical needs. The emphasis is on making your home a safe and comfortable place to live; to enable you to continue living there, rather than having to move to a specialised facility. The grant is paid out after an assessment and the changes are deemed reasonable and practical. You are able to claim if you or the person who you are applying for is either the owner or tenant of the property; you also need to certify that you will be occupying the property as your only or main residence for the grant period, which is currently five years. These grants are only available in England, Wales and Northern Ireland. Scottish residents should contact the Social Services department.
Common uses of the grant include widening doors, installing ramps, providing a downstairs bathroom, installing a chairlift and adapting heating and lighting controls. Your needs will be assessed by an occupational therapist. A Disabled Facilities Grant will not affect any other benefits you are receiving.
The Motability Scheme allows disabled people to lease or buy a car, powered wheelchair or scooter through government funded allowances. You do not even have to drive yourself as you can apply for a car as a passenger whilst naming two other drivers. An approved dealer can lease you a car for at least three years. Also included in the package are servicing, insurance and breakdown cover. The car can also be adapted to suit your needs but contributions from yourself may be necessary. You may apply for a car on behalf of a child aged three or over who is in receipt of the higher rate mobility component of the Disability Living Allowance.
The Blue Badge Scheme is a service, which allows holders of the badge with severe mobility problems to park close to their destination. It only applies to on street parking and badge holders can park on single or double yellow lines for up to three hours. This applies as long as there are no bans on loading or unloading in the area. In Scotland there is no time limit in place for parking on yellow lines. Blue Badge holders are also able to park for free at pay and display machines and on street parking meters. Local councils issue the Blue Badge and some people may need to undergo an assessment to see if they are entitled to have one. Others such as people who are registered blind, receive a War Pensioner’s Mobility supplement or receive the higher rate of the mobility component of the Disability Living Allowance do not need to undergo an assessment.
The Warm Front Scheme provides insulation and heating improvements for your home up to the value of £3500 or £6000 if oil, low carbon or renewable technologies have been recommended. Eligibility is granted if the householder is in receipt of Disability Living Allowance or War Disablement Pension that should include a mobility supplement or constant attendance allowance. The term ‘householder’ also includes the applicant’s spouse or partner.
A new scheme to start in October 2010 is Work Choice, a disability back to work scheme. The scheme was brought in under the previous Labour Government and has been designed to provide extra support for disabled people who are far removed from accessing the labour market. It aims to help severely disabled people overcome obstacles to gaining and keeping jobs. It replaces three existing schemes, including Workstep.
Article by Gowrings Mobility – The UK’s leading provider of Wheelchair Accessible Vehicles.
Article from articlesbase.com
Categories: Disability Pension Tags: Disabilities, Government, Living, People, Schemes
Special Education – Parents Guide to Iep for Learning Disabilities
Special Education – Parents Guide to Iep for Learning Disabilities
Individual Education Plans (iep) demystified. Q&a book to help guide parents through the world of Special Education for children with Learning Disabilities Ask The Advocates how to get schools to speak plainly and help your children succeed in school.
Special Education – Parents Guide to Iep for Learning Disabilities
Categories: Disability Pension Tags: Disabilities, Education, Guide, Learning, Parents, Special
Funny, Passionate, Creative? and Disabled? You Should ‘Be on TV’!
London, UK (PRWEB) June 19, 2008
BBC Three is looking for disabled viewers to share their creativity, humour and talent by applying to take part in Be on TV, an initiative which finds new presenting talent and is linked to Britain’s Missing Top Model; a ground-breaking new series which explores whether disabled models should and could be better represented in the beauty and fashion industries. Its all part of BBC Three’s The Beauty Season in July.
A BBC Learning campaign runs alongside the TV series on BBC radio and online at bbc.co.uk/missingmodel. It provides a forum for debate about the many issues raised by the show and also introduces Disability Bitch to the wider world as an animated character. She already enjoys cult following on Ouch! – the BBC’s award-winning disability website – and is known for her irreverent commentary on disability issues. She will interview the models on her online show, as they are eliminated, and will encourage disabled viewers from all over Britain to send their submissions to BBC Three’s Be on TV.
Disability Bitch invites disabled viewers to say something about themselves; is there something they’d like to get off their chest or a unique insight they’d like to share? This is a great chance to do it.
Be on TV already gives any BBC Three fans the opportunity to get their face on the web and the telly, and the channel would like to encourage more disabled viewers to take part. Viewers are asked go to the website, make a short video and upload it.
There are two types of video viewers can make:
Introduce a show: send in a 15 second clip introducing Britain’s Missing Top Model in their own inimitable style
Tell us their views: upload their opinions in clips of no more than 45 seconds.
What do you think about the media’s representation of disabled people?
Is fashion and getting the right clothes a big concern for you?
What are your thoughts on ‘beauty’?
Clips can be submitted online or direct from a mobile phone at bbc.co.uk/missingmodel/beontv. All will be showcased online and the best clips will have a chance to be seen on BBC Three.
Viewers can see the models’ own 15 second ‘Be on TV’ clips for inspiration by logging on the website.
Damon Rose, Ouch! producer, commented: “Fronting the campaign will be Disability Bitch who will be helping viewers better understand issues around disability and encourage debate. She will also urge disabled people to think about putting themselves in the limelight.”
For more information, please contact Hinda Smith or Zaireen Iskandar at immediate future on 0845 408 2031/ 07855 795 024 or on hinda.smith(at)immediatefuture.co.uk / zaireen.iskandar(at)immediatefuture.co.uk
Notes to editors:
Starting in July, BBC Three’s The Beauty Season bbc.co.uk/bbcthree goes behind the gloss with a collection of programmes designed to challenge conventional notions about beauty. With young people feeling under increasing social pressure from the images of beauty and perfection they see around them, this thought-provoking season questions what it means to be beautiful – and exposes the truth behind the apparently perfect images we all see on a daily basis. The Beauty Season features the six-part Britain’s Missing Top Model and also a series of high-profile documentaries – presented by well-known young female stars – that challenge mainstream notions of beauty and highlight the serious social pressures young people feel under to conform.
For more information on how to ‘Be on TV’ and submission guidelines go to bbc.co.uk/bbcthree/beontv/rules
Ouch! is a website from the BBC that reflects the lives and experiences of disabled people. It has regular columns, features, quizzes, a monthly near-cult podcast, blogs and a community message board. 99% of its contributors and the majority of the team that produce the site are disabled
The Missing Model campaign has been produced by BBC Learning which delivers campaigns which build on the popular interest generated through broadcast programmes and encourages people to take part in an activity which allows them to learn new things. BBC Learning sits within BBC Knowledge and provides specialist learning content, formal and informal, for children and adults.
There are currently only a very small number of disabled models working in mainstream modelling, such as Brazilian model Brenda Costa who’s deaf and was recently quoted talking about her career, saying: “I’m a fighter and I think it’s important for other girls to know they shouldn’t give up on their dream just because they are a bit different.” (Sunday Mirror).
2.5 million people in the UK are of working age and claim Disability Living Allowance. – 2005 Department of Work and Pensions Statistics
Charity Scope have stated that if disabled people (who have a combined spending power of some £80 billion) were to see a disabled model promoting a product would be more likely to buy that item.
###
Categories: Disability Pension Tags: Creative, Disabled, Funny, Passionate, should