Q: Am I allowed to trade stocks using AI while on state short-term disability?
Am I allowed to trade stocks using AI in an automated fashion while on California state short-term disability?
There will be no manual trading. I would log into the AI, tell it how much I can afford to lose, and click on the Start button. All trading will be done automatically.
Thanks!
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A:
When you're receiving California state short-term disability benefits, it's crucial to follow the program's guidelines to avoid any issues with your claim. Engaging in activities that could potentially generate income, even through automated stock trading, might be seen as contrary to the purpose of the disability benefits.
Automated trading, where you set parameters and allow the system to operate without manual intervention, may still be considered an active financial endeavor. This could potentially affect your eligibility for benefits, as the state may view it as engaging in work-related activities.
To ensure you remain compliant, it's best to consult directly with the California Employment Development Department or speak with a legal advisor who understands disability laws. They can provide guidance tailored to your specific situation and help you make informed decisions regarding your activities while on short-term disability.
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