Next week I am going to write a letter to Social Security asking them to stop my benefits. I will send in my first two paystubs and I guess the offer letter for my new job since I am starting a new job next week. Will be making much more than SGA.
When I went back to work I called the office to report going to work and they transferred me to the extension of the guy who is handling my case. I left a message and he never called me back. Go figure right.
May will be my last month to get SSDI but I have to keep Medicare to keep my insurance that I have for the military. You can keep Medicare for 8 and a half years after your SSDI gets suspended so I will have to keep paying the premiums. I understand they bill you every three months for it. If I default I lose my other insurance too. I guess after the 8 and a half years I will just go back to my regular insurance. I have to call them. I got all this information from their website.
I am not going to get health insurance with my new job because me and the wife already have medical, dental and vision coverage. And what we pay is much cheaper than another plan from work would be.
I am going to get the life insurance though. And they will match 5% of your salary in a 401k so I will contribute 10 % of my salary to that every year. Should be able to save up to $200,000 doing that if I work until I am 66. That’s $200,000 I wouldn’t have otherwise had.
But of course if I freak out and can’t work again I will look to get back on SSDI.
I have asked before and not many people have done this type of thing before. But if you have I would love to hear about your experience.