Are You Getting Enough from your Social Security Disability Insurance?

Are You Getting Enough from your Social Security Disability Insurance?

how much ssdi
Wondering how much SSDI you should be receiving? Contact SSDA USA today!

Many people receiving Social Security Disability Insurance assume they are receiving the correct amount. Usually, they are. But there are a variety of factors that can influence how much SSDI you receive.

Here’s the gist:

It’s impossible to know right off the bat how much an individual will make from their SSDI. There are many factors to consider, everything from work history to disability status. Because of this, let us from Social Security Disability Advocates USA explain some common factors that affect how much SSDI you and your family can receive.

Employment Income

To qualify for SSDI, an individual must have a condition that 1) will result in death, or 2) has lasted or will last for no less than a year, and 3) prevents them from working above the Substantial Gainful Activity (SGA) limit (which, in 2018, is $1,180 or $1,970 for blind people).

You must consult your total work credits and work earnings to calculate your monthly SSDI payment. For most people, 40 work credits (approximately 10 years of work) is the prerequisite for collecting SSDI benefits. Younger people do not need as many credits, however. When calculating SSDI, SSA agents use a formula on your work earnings to figure out how much SSDI you will receive monthly. Check out this SSDI calculator for more info.

If you earn a monthly amount equal to or greater than the SGA, your benefits will likely stop. Working part-time and earning below the SGA will not necessarily stop your benefits, but you could see a significant reduction.

Medical Improvement

The entire point of SSDI is to aid disabled individuals. If you see any kind of medical improvement, you could see a reduction or even a halt of your benefits. A medical improvement is any kind of improvement that would allow you to go back to the work you were doing before, or even some new kind of work.

Incarceration

Crime charges and incarceration for more than 30 days will result in the reduction or cancellation of your benefits. You will be able to reinstate your benefits once you leave, but you will not receive any Social Security benefits while you are in jail/prison.

Family Changes

Sometimes, certain arrangements in the family can reduce or cancel benefits. For example, if you are a dependent receiving SSDI based on your parent’s record, your benefits will likely end if you turn 18 or get married. If you are receiving SSDI benefits based on your own record, however, getting married will not affect your SSDI benefits. Reaching retirement age also cancels your SSDI benefits, since you cannot receive Social Security disability benefits and Social Security retirement benefits in tandem.

Still Wondering How Much SSDI You Qualify For?

If you still have questions about Social Security, Social Security Disability Advocates USA is here to help! We work tirelessly to help you with any concerns you have, so call us anytime at (602) 952-3200. Additionally, you can contact us online and utilize our LiveChat feature. Don’t wonder anymore about Social Security. Contact us today!

The information on this blog is for general information purposes only. Nothing herein should be taken as legal advice. This information is not intended to create, and receipt or viewing does not constitute, a representative-client relationship.

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