What does Social Security Disability do?
ANSWER:
Social Security Disability is provided by the government when a person is unable to perform any kind of work for pay. You usually must be completely and permanently disabled. Applying and qualifying for SSI is a one to two year process with the average person having to appeal four times before being granted the disability. Then you receive approximately the same amount of money per month that you would receive if you were old enough to begin collecting Social Security. Often the benefit puts you well below the federal poverty level, but if you even work part time, you will lose it.
Disability
Health Savings Accounts
You can use this account to pay for your qualified health expenses, including expenses that the plan ordinarily doesn’t cover, such as eyeglasses and hearing aids.
Expenses paid out of the HSA that are eligible expenses under your high-deductible health plan will count toward the plan’s deductible.
