Tag: social security disability advocates

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.

Difference Between Social Security Disability Insurance and SSI

Difference Between Social Security Disability Insurance and SSI

what is the difference between social security disability insurance and ssi
Find out more about SSI vs SSDI

When it comes to disability benefits, there are two different types of federal programs. Both federal programs provide cash payments to people who meet the federal definition of “disabled.”

  1. Social Security Disability Insurance (SSDI)
  2. Supplemental Security Income (SSI)

If you are planning on applying for disability then it’s important that you understand and know the difference between SSDI vs SSI.

What is Supplemental Security Income?

SSI is a means-tested program. Stated differently, it’s a federal program that qualifies applicants based on their financial need, not off their work history. SSI generally helps individuals who are elderly, blind, or disabled. SSI can be for people who have a difficult time paying for food and shelter. You must meet the following requirements to qualify for SSI:

  • Must make less than $2,000 in assets as an individual
  • Must have less than $3,000 in assets as a couple
  • Limited income
  • Must meet the disability definition. (However, individuals over the age of 65 may qualify even if they do not meet the disability definition.)

If you do qualify for SSI benefits, then you will qualify for Medicaid benefits. Medicaid, which is a state and federal healthcare program, provides comprehensive coverage. Many people often apply for SSI because of the health care.

SSI benefits are typically lower than SSDI benefits. The average SSI payment as of 2017 is $735 a month for an individual and $1,103 a month for a couple; both of whom must be eligible for the SSI program. Any additional income you receive will reduce your SSI benefits.

What is Social Security Disability Insurance?

SSDI is an entitlement program. The program does not take into account the income or assets of an individual. This means you can apply for SSDI even if you’re earning a high income.

SSDI benefits are based on the earning records of an individual, payments can end up being very high in some cases. Most recipients receive SSDI payments between $700 and $1700 a month.

One of the key benefits of the SSDI program is that individuals who will be eligible for Medicare two years after they’ve been receiving benefits. This is beneficial since the medical costs that come from suffering from disabilities can be incredibly substantial. Medicare can help to cover those costs. Following requirements to qualify for SSDI benefits:

  • Unable to work or disabled
  • Job covered by Social Security
  • Younger than 65
  • You receive paid Social Security taxes on your income for at least a decade

When applying for Social Security Disability benefits, you should be screened for both SSDI disability and SSI. When you make a disability claim for SSI, one requirement by the Social Security Administration you may encounter is to provide financial records including bank statements, lease agreements, etc. This holiday season, if you have more questions about SSI or SSDI contact Social Security Disability Advocates USA today!

Have More Questions about Social Security?

We know that Social Security can be confusing to deal with, so contact Social Security Disability Advocates USA for help. We can be reached 24/7 at (602) 952-3200. Consultations are free, so don’t hesitate to contact us.

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.