Long-Term Disability Benefits, Workers’ Comp, and Social Security: How to Coordinate Them Without Losing Money

Episode Summary: In this episode, Deborah Spector breaks down the complex world of long term disability, workers compensation, and Social Security disability. She explains how these programs interact, what to watch out for, and how to avoid unexpected reductions or repayment demands.

 

What You Will Learn in This Episode:

• The difference between Social Security disability, workers compensation, and long term disability
• How long term disability insurance works, including employer-paid, employee-paid, and hybrid plans
• LTD offsets and how they affect your benefits
• The importance of filing applications and providing proper medical documentation
• Tax implications of different benefit types
• How to coordinate benefits to avoid surprises or owing money back
• When to consult an attorney and what to expect with fees

Key Timestamps:

00:00 – Introduction and overview of benefits 02:10 – Differences between Social Security, workers compensation, and LTD 05:00 – How LTD claims are handled and the role of ERISA 08:20 – Understanding LTD offsets and repayment 12:10 – Taxes on LTD benefits and Social Security interplay 16:00 – Steps to coordinate multiple benefits without losing money 20:00 – Negotiating repayment and attorney guidance 21:20 – Closing remarks and resources

About the Show:

Social Security & Disability: The Approval Path helps individuals and families understand the often-confusing rules of Social Security. Hosted by attorney Deborah Spector, each episode breaks down complex topics into clear, actionable guidance so listeners can maximize their benefits and protect their financial security.