There’s a lot of important information on your Social Security Statement, but one term that can be confusing is “claimant’s date last insured.” What does this mean? In short, your claimant’s date last insured is the date by which you must have filed a claim for benefits in order to receive them. This date is generally determined by your work history and earnings. Keep reading to learn more about what the claimant’s date last insured means and how it can affect your benefits.
What is the Claimant’s Date Last Insured?
The Claimant’s Date Last Insured (CLI) is the date on which an individual’s entitlement to disability benefits under the Social Security Disability Insurance (SSDI) program ends. The CLI is based on the date of onset of the claimant’s disabling condition, as determined by the Social Security Administration (SSA).
If a claimant’s disabling condition began before their 26th birthday, their CLI will be the last day of the month in which they turned 31. If a claimant became disabled after their 26th birthday, their CLI will be the last day of the fifth full calendar month after they stopped working because of their disability.
The SSA will not pay SSDI benefits for any period after an individual’s CLI. Therefore, it is important for claimants to be aware of their CLI and to apply for benefits well before that date.
What Does It Mean If You’re Insured?
If you’re insured, it means that you have insurance coverage. This coverage can come from a variety of sources, including your employer, a government program, or a private insurance company.
How Do You Become Insured?
There are a few ways that you can become insured. The most common way is through your employer. If your employer offers health insurance, you can enroll in a plan through them. Another way to become insured is to purchase a plan on your own through the Health Insurance Marketplace. You can also become insured through Medicaid or Medicare.
When Do Your Benefits End?
Your benefits under the Social Security program will end if you stop working and earning money that is covered by Social Security. The amount of your benefit is based on your lifetime earnings, so if your work stops before you reach full retirement age, your benefits will be lower than if you had worked longer.
If you have already reached full retirement age when you stop working, your benefits will not be affected. However, if you stop working before full retirement age and do not have enough credits to qualify for benefits, your benefits will stop.
The earliest age at which you can receive Social Security retirement benefits is 62. If you start receiving benefits at this age, they will be permanently reduced. The reduction depends on how many years there are between your 62nd birthday and your full retirement age. For example, if your full retirement age is 67 and you start receiving benefits at age 62, your benefit will be reduced by 30%.
What Happens If You Miss the Claimant’s Date Last Insured?
If you miss the claimant’s date last insured, they may not be able to collect Social Security disability benefits. The date last insured is the latest date that a person can have worked and still be eligible for Social Security disability benefits. To receive benefits, claimants must meet two earnings tests: a “recent work” test based on their age at the time they become disabled, and a “duration of work” test to show that they have worked long enough under Social Security.
Conclusion
If you’re wondering what Claimant’s Date Last Insured means, then you’re not alone. This term can be confusing, but it’s important to understand if you want to file a claim for Social Security benefits. In short, your Claimant’s Date Last Insured is the date up to which you are covered by Social Security. If you stop paying into Social Security before this date, then you will no longer be covered and will not be able to receive benefits. Make sure to keep this date in mind when planning for your retirement so that you can make sure you have the coverage you need.
