Understanding Social Security Disability Benefits and Taxes

It’s often said that death and taxes are the only sure bets in life, so you can’t blame people for wondering if their Social Security benefits will be taxed. For people who rely on these benefits as their only source of income, like disabled people who can no longer work, it’s important they understand exactly how much money they are receiving each month and whether it will be taxed.

How to get Social Security Benefits Faster

For some people who are put out of work because of an injury or illness, Social Security Disability Insurance (SSDI) benefits can be their only lifeline. Unfortunately, it’s common for the claims process to take months, and for many people to be denied the first time they apply.