People who receive Social Security Disability Insurance benefits will want to research their rights if they plan on moving out of the country. People who relocate or travel for extended periods of time out of the country may be at risk of losing those benefits. Whether your benefits are jeopardized will depend on the type of benefits you receive.
There are three different programs that the U.S. Social Security Administration is responsible for administering. The largest program in term of recipients and budget is the Social Security Old Age and Retirement benefits. This is the program that workers pay into by having money deducted from their paychecks. This is part of the Federal Insurance Contribution Act (FICA) that is listed on your pay stub and is technically different from income tax. The reason it is different is because FICA money is apportioned between SSA funds, and the IRS tax money is largely put into in the nation’s general fund.
When you reach the age of retirement, you are entitled to a monthly benefits check. While the age when you can legally retire and claim benefits keeps going up, you can retire earlier, but you must take at least a 25 percent reduction in your benefits. You can also provide for your spouse if he or she survives you, but that requires a reduction in payment. Continue reading