A reputable company normally charges a one-time fee that is 25 percent of the retroactive amount awarded from the SSA, up to a maximum fee set by the SSA. The fee is below the maximum amount when the applicant doesn't receive a retroactive reward. The most important thing to remember is that future monthly payments go straight to the beneficiary, not to the company assisting in the benefits process. This makes it clear that consulting an SSDI expert for help is worth the minimal fee and can increase the likelihood of receiving SSDI benefits. Many representatives also work on contingency and do not require any fees until you have been awarded your benefits.
Requirements For Benefits
To qualify for benefits, you must have been gainfully employed for five out of the last 10 years, but unable to work due to an illness or disability. In addition, you must have become ill or disabled before reaching your full retirement age (65 to 67). Before you can collect SSDI benefits, you must meet specific definitions of disability. This is why many people consult a professional during the Social Security disability application process. A professional also can ensure Social Security awards you everything you are entitled to receive.
SSDI benefits include eventual Medicare coverage including medical, prescription drug and hospital coverage; regular monthly income, and a possible 11-month extension of your COBRA benefits. Professional SSDI companies also can help protect your LTD (long-term disability) retirement and dependent benefits. As mentioned, the application process is not simple and can be quite confusing. However, by working with a knowledgeable representative, you can eliminate the confusion and stress of applying for Social Security disability benefits.