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Just a heads up, even if SSDI isn't affected, the Roth conversion could impact other benefits like food stamps or housing assistance if you receive any of those. Make sure to look at the big picture!
idk about SSDI specifically, but when I did a Roth conversion last year, it messed up my taxes big time. Make sure you're prepared for the tax hit!
This! š The tax implications can be huge. Definitely worth talking to a tax pro before making the move.
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Guys, I just got off the phone with SSA (thanks to that Claimyr thing someone mentioned). The rep said that while the rollover itself doesn't affect SSDI, if it pushes your MAGI over $85,000 for the year, it could increase your Medicare premiums. Something to keep in mind!
Wait, what? There's a connection between IRA rollovers and Medicare premiums? This system is wild š¤Æ
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Yep, it's called IRMAA (Income-Related Monthly Adjustment Amount). The more you know, right? š
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Anyone else feel like were playing a game of financial Jenga with these benefits? One wrong move and the whole thing comes crashing down š
Have you thought about talking to a financial advisor who specializes in disability benefits? They might be able to give you a more personalized strategy.
I've heard rumors that the SSA is planning to change some rules about retirement accounts and SSDI. Might be worth waiting to see if anything changes before making a move.
Source? Or is this just speculation?
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Just something I heard from a friend who works at SSA. Take it with a grain of salt, I guess.
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Here's a comprehensive guide for anyone still struggling with their SSA refund: ā¢ First, ensure all your information is up to date in the SSA system ā¢ Keep detailed records of all communications with SSA ā¢ If possible, use the online portal to check your status ā¢ Be persistent but polite when calling - the reps are just doing their job ā¢ Consider reaching out to your local congressperson for assistance ā¢ If all else fails, you might want to consult with a lawyer specializing in SSA issues Remember, the process can take several months, so patience is key. Don't give up hope!
This is super helpful, thanks for putting it together! š
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Great advice! I'd add: document EVERYTHING. Every call, every letter, every online interaction. It might come in handy later.
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Anyone else feel like they're playing the lottery with these refunds? š It's like, will I get it this month? Next month? Never? Place your bets! š°
LOL too real š I'm putting my money on 'heat death of the universe' for when I'll get mine
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š¤£š¤£š¤£ I'm dead. But also crying because it's true.
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PSA: If anyone's having trouble getting through on the phone, try calling your local office instead of the main number. Sometimes they're easier to reach and can still help with your case.
Ugh, the SSA is such a mess rn. I've been waiting 9 months and counting. Starting to think I'll be eligible for retirement benefits before I get my disability approved šš
MOOD. Maybe we should start a support group for people stuck in SSA limbo š
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Lmao yes! We can call it "Still Seeking Answers" or "Stuck in SSA Purgatory" š¤£
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anyone else feel like their just throwing darts blindfolded when dealing with SSA? like, how are we supposed to navigate this maze without a map? š¤
LOL more like throwing darts at a moving target... while blindfolded... and the darts are made of jello š¤£
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š¤£š¤£š¤£ omg yes! And the target is actually a mirage in the desert of bureaucracy
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Hey OP, just a heads up - make sure you keep track of all your communications with SSA. I learned the hard way that they sometimes 'lose' records of conversations. CYA always!
Anyone else feel like they need a law degree to understand all this stuff? š¤Æ Why can't they make it simpler?
LOL for real tho. I swear they write these rules to be as confusing as possible š¤”
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Hey OP, whatever you decide, start the process ASAP. These things can take forever to get approved, especially for Disability. Better to get the ball rolling now.
Just a heads up, the SSA office in my area has been doing appointments by phone only due to COVID. Might want to check if that's the case for your local office too.
Good point! Their website should have the most up-to-date info on how they're handling appointments.
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I filed for Medicare Part A last year and it was actually pretty painless. The key is being prepared. Write down all your questions beforehand so you don't forget anything important during the call.
That's a great idea! I tend to get flustered on important calls. I'll definitely make a list. Any specific questions you recommend asking?
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Ask about the effective date, any potential gaps in coverage, and how it'll work with any existing insurance you have. Oh, and don't forget to ask about Part B if you need it!
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Pro tip: If you're having trouble getting through on the phone, try calling your local SSA office instead of the main number. Sometimes they can help or at least get you an appointment faster.
That's a great idea! I'll give that a shot. Thanks!
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Anybody else feel like they need a law degree to understand all this overpayment and reinstatement stuff? š¤Æ I swear, every time I think I've got it figured out, there's some new form or rule I didn't know about.
Seriously! I've been dealing with this for months and I still feel lost half the time.
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Have you guys tried looking for a disability advocate? They can sometimes help navigate the system.
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Connor Murphy
Not to hijack the thread, but has anyone else noticed that the SSA's website has been extra glitchy lately? Tried to check my benefit status yesterday and kept getting error messages. š
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Yara Haddad
Omg yes! I thought it was just me. That site is held together with duct tape and prayers I swear
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Keisha Robinson
Remember, whatever you decide, document EVERYTHING. Keep records of all your communications with SSA, any calculations you do, and the reasoning behind your decisions. It'll save you a headache if you ever get audited or have to appeal anything.
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