Can You Be Denied Disability for Having Too Much Money?

Shawn Plummer

CEO, The Annuity Expert

Understanding Disability Eligibility and Income Limits

Yes. When applying for disability benefits, especially through government programs like Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), your income and assets are crucial in determining eligibility.

  • SSI: This is a needs-based program primarily for low-income individuals. You can be denied SSI benefits if you have too much money, either in the form of income or assets.
  • SSDI: While SSDI focuses more on your work history and disability status, it still considers certain income types. Excessive earnings can disqualify you.

Disability Insurance for Higher Income Applicants

For individuals with higher income or assets, private disability insurance becomes an important consideration. The same income or asset limits as government programs do not bind this insurance.

  • Customization: Policies can be tailored to your income level, ensuring you receive a percentage of your salary if disabled.
  • No Income Limit: Private disability insurance does not typically disqualify applicants based on their current income or assets.

Example of Disability Insurance for High-Income Individuals

Consider a successful software engineer earning $150,000 annually. They can opt for a private disability insurance policy that covers 60% of their income. This policy will provide financial security in case of a disability without the constraints of government program income limits.


If you’re a high-earner or have significant assets, private disability insurance can be a wise choice to ensure financial protection against unforeseen disabilities. It offers coverage without the income restrictions of government disability programs.

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Shawn Plummer

CEO, The Annuity Expert

Shawn Plummer is a licensed financial professional, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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