SSDI Explained: How to Qualify & Avoid Costly Mistakes [Ep. 29]

About this Episode  In this episode of GDS Unplugged, we break down Social Security Disability Insurance, or SSDI, including what it is, how it works, who may qualify, and why many people overlook a benefit they may have already paid into throughout their working years.  SSDI can be a complex topic because it sits at the intersection of government benefits, disability planning, taxes, and retirement income. For individuals and families facing a serious medical event, it can also become an important source of income. The key is understanding that the benefit exists, knowing how the process works, and being prepared if you ever need to apply.  Keep Learning and Stay Connected  For more insights on Social Security, retirement planning, and long-term financial strategy, explore additional resources in our Learning Center and follow GDS Unplugged.  If you would like to discuss your situation in more detail, you can schedule a complimentary consultation.  Disclosure  GDS Wealth Management is a registered investment adviser with the SEC. This podcast and transcript are for informational purposes only and are not personalized investment or tax advice, nor an offer or solicitation for advisory services. The views and opinions expressed are those of the speakers are subject to change and may not apply to your situation. All investments involve risk, including loss of principal. Discussion of Social Security and SSDI is based on current rules that may change, and eligibility will vary; GDS does not represent individuals before the Social Security Administration. Examples are illustrative only and not indicative of future results. Additional information, including fees and conflicts, is available in our Form ADV at www.adviserinfo.sec.gov.