If you have been approved for Social Security Disability, the amount of money you receive each month will be determined by your average lifetime earnings before the disability began. This means that the amount will be calculated based on past work history, not future earning potential. The SSD payment calculation does not take into account the amount of savings you have, cost of care, or how much money you have in savings. SSD payments are intended to take the place of the income you would be earning if you did not have a disability.
How much do most SSD recipients receive each month?
Social Security Disability is determined on a case by case basis. Each person will receive payments according to their own specific determination based on past earnings. However, it is generally a portion of previous monthly wages. Many SSDI recipients receive somewhere between $700 and $1,700 per month. If you are receiving disability benefits from any other sources, this can negatively affect the amount of your monthly SSD payments. An experienced social security disability attorney can assist you in maximizing your benefits received and minimizing the effects of other income sources on your benefits.
Monthly SSI Benefits
Monthly benefits for an SSI recipient are a fixed amount. For 2017, the federal base payments is $735. This amount is subject to annual increases. However there are factors that can affect this amount, state benefits can increase the payments amount and outside income will lower the amount of benefits you will receive.
Monthly SSDI Benefits
In order to calculate your monthly SSDI benefits payment, the following items are considered:
- Prior earnings
- How long you have been working
- How much you worked per week
- How much and how long you have paid into the SSD system
As of 2017, the most you can receive per month from Social Security Disability Benefits is $2,687 and the average payment was $1,171. Unlike SSI, SSDI benefits will not
How Long Will I Receive SSD Benefits?
If you have been approved to receive Social Security Disability payments, you have the potential to receive these benefits until you reach retirement age. At retirement age your benefits do not stop, they will be distributed from a different program (Social Security Retirement income, SSI for the elderly). It is policy to do audits periodically, to ensure the recipient is still meeting the requirements. As long as your disability does not improve, you do not receive more outside benefits, and don’t have another income, then your SSD benefits should continue monthly.
Can They Decrease the Amount of SSD Benefits You Receive Each Month?
Unfortunately, there are a few factors that can cause the amount of your benefits to decrease, or be terminated. These include:
Earning too much money: If you start working or begin to make too much money this will affect your benefits. SSD benefits are intended for individuals who cannot work and provide an income for themselves.
Medical improvement: As SSD benefits are intended for disabled individuals, if your disability improves to the point of no longer disabling you from working, your SSD benefits will be ceased.
Receiving Disability benefits from other sources: If you receive benefits from a government-regulated disability benefits program (worker’s comp., temporary state disability benefits) then your benefits can be reduced.
*SSI and VA Benefits will NOT affect your SSDI benefits.
At JacksonWhite we understand that these benefits are a need in your life and strive to do everything we can to ensure you receive the greatest amount of benefits available to you.
Call JacksonWhite at (480) 467-4378 to discuss your case today.
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