How Can You Claim OASDI?
The Social Security Administration combines all Social Security benefits into OASDI, an acronym for old age, survivors and disability insurance. Workers pay into the Social Security system with Federal Insurance Contributions Act taxes covering Social Security and Medicare. When a worker completes sufficient credits of work and incurs a qualifying event, he or his survivors can apply for monthly Social Security benefits. A qualifying event is disability, death or retirement age.
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Things You'll Need
- Social Security numbers
- Birth certificate
- Death certificate
- Marriage certificate
- W-2 form or federal tax return
- Bank account information
Instructions
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Assemble information you need to make application for Social Security benefits for disability, death or retirement. All Social Security benefits stem from the work history of a worker. You will need the Social Security number and birth date of the worker as well as your own Social Security number. You may need your birth certificate, marriage certificate and W-2 or tax form for last year's federal income tax return. You need your bank account and routing number.
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Apply online at the Social Security website, socialsecurity.gov, or call the toll-free number, 1-800-772-1213, to apply for benefits or ask questions. You can also make an appointment at your local Social Security office and appear with your documentation for assistance in preparing your claim form for OASDI benefits based on the death of a worker.
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Provide any additional information requested by the Social Security Administration as your claim progresses through the approval process. Disability claims require medical authorization and may require a medical examination.
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Wait for notification from the Social Security Administration for the approval or denial of your claim. Survivor and retirement claims have a high approval rate. The Social Security Administration approved an average of 45 percent of disability claims from 1999 to 2008. If the Social Security Administration denies your disability claim, you will need to request reconsideration and appeal.
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Tips & Warnings
Individuals who retire at age 62 receive about 25 percent less in monthly benefits than those who wait to full retirement age of 66 or 67.
You may incur Social Security penalties if you take early retirement and continue to earn income. Social Security takes $1 for every $2 you earn in excess of $14,160 at time of publication.
References
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