Quote:
Originally Posted by Roper92
Those Karbon jackets with the epaulettes are pretty lame. Please tell me you didn’t put that in the uniform survey!
Back on topic to the one who posted about outside work while on disability. Can they restrict what you do when you’re on disability? That’s surprising because it seems at that point you’re just trying to make ends meet.
Basically your disability will only be reduced if your other income exceeds your disability income.
Earned Income: If your income earned from other employment exceeds your LTD benefit amount, then your benefit will be reduced dollar for dollar based on the amount by which your income from employment exceeds your calculated disability benefit amount.
It is necessary that you report your income from other employment as specified on the attached Periodic and Annual forms. The Periodic Report of Disability Offset income form should be submitted if you are approved for LTD benefits and at any time thereafter when there is a change to your Earned Income. The Annual form must be submitted along with any applicable supporting documentation of your earnings by May 15th of the current calendar year. Both forms should be submitted, even if your earned income from other employment is zero.
Your total earned income amount generally includes all income subject to Federal employment taxes or self-employment income. It is reported on any W-2 statement issued by your employer or Schedule SE if you are self-employed.
Earned Income excludes any income, unless received in the course of your trade or business, reported on a Form 1099, such as annuities, pensions, Veterans benefits, and military retired pay, withdrawals from 401(k) plans, Social Security Disability Insurance payments, unemployment compensation, interest and dividends from savings accounts, stocks, personal loans, or home mortgages, insurance proceeds, gifts, inheritances, estates, trusts, endowments, prizes, awards, gambling or lottery winnings, alimony/child support, scholarships or fellowships, pay for jury duty, capital gains from the sale of personal property, amounts received in court actions, and rents or royalties.