I’m receiving LTD from a group plan for over 6 years. I’m 56 and can’t return to my previous job as a CEO, with reduced cognitive and physical functioning.
That said, not working is truly deepening my depression and I’d like to work in some capacity, without impacting my monthly disability benefit (approx $8500), since returning to part time work is either not allowed or jeopardizes ongoing entitlement.
I wonder if it is common or possible to negotiate a lump sum settlement for a fraction of the remainder of my entitlement (if I can’t make up the difference either odd jobs, at least I will know I have tried rather than rotting without purpose). I’m willing to accept half or less, just to move on or try.