Yes, SSDI is Social Security Disability. Your company's disability carrier already has the information that you have received compensation from them, so be prepared for their demand for the return of most of that money. Also, any disability money that you receive from Social Security, whether it is Disability or Retirement benefits will be taxable. The amount will depend upon your total earnings for the year. That is including any money that you have to return to the company's disability carrier as well as what you are entitled to keep. All is taxable, so be prepared. You would be wise to contact a tax person to ask is you need to save some aside for that purpose. I really got hit in a big way, as my SSDI check came in December, so I owed taxes on it for that calendar year. I had to pay taxes on $14,000.00 and got to keep $750.00 of it. I owed more taxes on the money than I got to keep. That sure wasn't any fun. Good luck to you and I hope that it all works out better for you.
************************************** See what's free at http://www.aol.com.
