answersLogoWhite

0


Best Answer

No. Edited to change answer to YES! If I understand you correctly, you are receiving LTD from an Insurance Policy you had through your Employer or bought yourself. Right? And you were just approved for Social Security and received your backpay - from the time you filed to the time you were awarded. Right? And now your LTD Company is asking for most of that money and have now decreased your monthly benefit by the amount of your Social Security check. Right? This is all VERY LEGAL AND NORMAL! Your LTD company pays you a certain amount - mine pays me 60% of my pre-tax income. Let's just say that is $1,000 (it isn't) And they have been paying you that $1,000 for 3 years. Now, Social Security is going to pay you $700 a month. And they gave you backpay for the past 2 years. Then your LTD company is going to start paying you only $300 a month - $1,000 minus $700 SS Check. You will NEVER receive Social Security Disability of $700 PLUS your $1,000 LTD check. I would assume you would see why this wouldn't happen, right? And your LTD is also entitled to their $700 a month for those 2 years that Social Security paid you for backpay. So you will owe them $16,800 ($700 x 24 months) So the original answer of NO is wrong. If this is the scenerio you are presenting anyway.

User Avatar

Wiki User

โˆ™ 15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you receive disability from your job and recently after 3 years received social security disability can your long term disability take your back money and decrease your monthly benefit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If you purchased disability insurance on your car loan do they still have to pay the payment every month if you received social security disability?

Probably. What does your policy say?


Does georgia tax social security disability?

Some Social Security Disability beneficiaries have to pay federal income taxes on their Social Security Disability benefits, while others do not.


Where is the Social Security Office of Hearings and Appeals in Detroit MI?

If you cannot work due to a physical or mental condition, you should contact a Michigan Social Security Disability Attorney or Lawyer immediately for a free consultation and free advice regarding your Social Security Disability or Supplemental Security Income appeal hearing in Michigan. Social Security Professionals consists of Social Security Disability Lawyers and Attorneys in Michigan who handle Social Security Disability hearings and appeals throughout Michigan at Disability Appeal offices in Oak Park, Detroit, Lansing, Flint, and Grand Rapids, Michigan. If you have received a notice of disapproved claim or denial of SSD, SSDI, SSI, Retirement, Survivors, Disability or Supplemental Security Income benefits, you will need to file an application for appeal called a Request for Hearing and you should call to speak for free to a Disability Attorney in Michigan at once


Preparation for social security disability appeal hearing?

Preparation for social security disability appeal hearing?


Can you collect Workers Comp and Disability Insurance in the State of Mass?

Yes, the disability insurance payments can be paid on top of any workers comp payments received, if the policy's benefit is not integrated with any supplemental benefits. If your disability insurance policy is integrated with supplemental disability benefits, then the disability payments will be offset dollar for dollar by any mount received from workers comp or social security. That's why when you get a disability insurance policy, it is advised to include all or most of the disability benefit amount as "base benefit" which does not offset by any supplemental benefits received.


Is social security disability judgment proof in Missouri?

Social Security Disability and Social Security is judgment proof from debtors in all states.


Ia Amblyopia considered a disability with the Social Security Administration?

yes consider as disability with social security administration


Where do you file for disibilty?

You have to file for disability at the Social Security Disability website.


Can an attorney help with Medicaid application?

If you are applying for Medicaid on the basis of disability and you are not already receiving Social Security disability (RSDI or SSI), you might want to hire an attorney who specializes in Social Security disability. (Medicaid follows the Social Security rules for disability.)


What day of month are disability social security checks mailed?

When will disability social security checks be deposited in july 2014


How much will gov take from disability and social security checks?

= How much will gov take from disability and social security checks?" =


What is the percentage of Social Security Disability income a collections agency can take in Kansas?

Social Security Disability cannot be garnished.