WHAT DOES SOCIAL SECURITY MEAN BY "INSURED STATUS"?
WHAT IS "INSURED STATUS" WITH SOCIAL SECURITY? March 25, 2017 You hear people talking about "insured status" with Social Security. What does it mean to have "insured status"? Answer: Insured status means that you have worked long enough and recently enough to be covered by Social Security disability insurance. Not everyone is covered by the Social Security disability program. You must have worked to be covered. Social Security Disability Insurance (SSDI) is an insurance program underwritten by the US Government. It is designed to cover workers. But to be covered, a worker must accumulate a minimum number of "quarters of coverage" (QCs). These credits are earned by working one calendar quarter and paying FICA taxes on the earnings. In 2017, earning at least $1,300 in a calendar quarter will earn one quarter of coverage with Social Security. In the years before 1978, one QC was earned for each q