How are social security benefits paid?
Monthly benefits are generally paid by direct deposit. Therefore, be sure to have your bank account information available. Arrangements other than direct deposit are available. When are social security disability benefits paid? If you are determined to be disabled (SSDI) by the Social Security Administration then your benefits will be paid for the sixth month after the date your disability is deemed by Social Security to have began. Benefits are only payable back to the date your SSDI disability began or a set time period prior to your filing for social security disability (SSDI) benefits, whichever period is shorter. Medicare coverage automatically begins two years after the date you were deemed SSDI disabled. Are Social Security benefits taxable? At times they are – contact a tax accountant to determine whether you need to pay income tax on your benefits.
