As the new year approaches, it's the perfect time to reassess your career goals and plan your return to work. For individuals receiving Social Security benefits, the process of re-entering the workforce comes with unique opportunities and challenges. Disability Services of America is here to help you understand everything you need to know to get started:
Leverage Work Incentives
The Social Security Administration (SSA) provides several work incentives to ease the transition back to employment. Programs like the Trial Work Period (TWP) allow you to test your ability to work without immediately affecting your benefits. After TWP, the Extended Period of Eligibility (EPE) ensures your benefits are protected for 36 months if your earnings remain below the Substantial Gainful Activity (SGA) threshold.
Set Attainable Goals
Take the time to reflect on your unique skills, interests, and career objectives to better understand the direction you want your professional journey to take. By developing a personalized Individual Work Plan (IWP) through the Ticket to Work Program, you can create a structured and achievable roadmap tailored to your aspirations. This plan serves as a strategic guide, outlining the steps and resources needed to build a fulfilling and sustainable career. Whether it's identifying the right job opportunities, accessing necessary training, or receiving ongoing support, the IWP can empower you to move forward with clarity and confidence, turning your career goals into tangible achievements.
Use Available Resources
Disability Services of America is committed to providing a comprehensive range of support services designed to help individuals successfully transition back into the workforce. From personalized benefits counseling to expert job placement assistance, these resources are tailored to meet your unique needs and goals.
One of the most challenging aspects of rejoining the workforce is understanding the often complex terms, policies, and processes outlined by the Social Security Administration (SSA). Disability Services of America can help you navigate these complexities, breaking down SSA terminology and program rules into clear, understandable language. They ensure you have a full understanding of how working may impact your benefits, empowering you to make informed decisions with confidence.
With the guidance of Disability Services of America and the Ticket to Work Program, you can access the tools, knowledge, and support necessary to achieve meaningful employment and long-term success.
Plan for Healthcare Continuity
Work incentive programs are designed to support individuals as they transition back into the workforce by ensuring that essential healthcare coverage, such as Medicaid or Medicare, remains intact. These programs allow you to focus on pursuing new job opportunities without the fear of losing access to critical medical benefits.
In addition to these safeguards, many states offer Medicaid Buy-In programs, which enable individuals with higher earnings to maintain their Medicaid coverage by paying a monthly premium. These programs are a valuable resource for individuals seeking financial independence while still requiring access to healthcare services.
By taking advantage of these work incentives, you can confidently explore employment opportunities, knowing that your health coverage will continue to provide the support you need.
Stay Informed
Regularly reviewing your Benefits Planning Query (BPQY) is a crucial step in understanding how work and earnings might impact your Social Security benefits. The BPQY provides detailed information about your current benefits, work history, and other essential details that can help you make informed decisions as you plan your employment journey.
Disability Services of America is here to help you interpret the often complex data in your BPQY, ensuring you have a clear understanding of how different scenarios might affect your benefits. With their guidance, you can develop a personalized strategy that aligns with your employment goals while maximizing the advantages of available work incentive programs.
By working with Disability Services of America, you can confidently navigate the balance between earning income and maintaining your benefits, creating a plan tailored to your unique circumstances and aspirations.