What is Social Security Disability Insurance and how much can I get?

A PIVOTAL way those with compromised physical or mental conditions earn income is through Social Security Disability Insurance (SSDI).

The vast majority of those who qualify for SSDI receive between $800 and $1,800 each month.

In 2021, the average monthly Social Security payment for the disabled was $1,277.

What is SSDI?

SSDI aims to provide relief for those with disabilities who can no longer work, or at the same capacity as once before.

The benefit aims to replace a portion of the qualifying worker’s salary.

How much you get will depend on the age you became disabled, and your employment history including the average amount of income you’ve had.

To view your earnings history, you can check your statement online through your Social Security account.

In addition, how much you receive from SSDI depends on how many credits you’ve earned during your work history.

According to the Social Security Administration, workers received one credit for every $1,470 earned.

But keep in mind, the earnings threshold gets boosted slightly every year.

You’ll also not want to mistake SSDI for Supplemental Security Income (SSI).

While those with disabilities can claim both benefits at the same time, SSI aims to help blind and disabled people, who have little or no income, as well as individuals over the age of 65.

How to sign up  

There are two ways you can see if you’re eligible for both SSDI and SSI.

You can apply at the SSA’s separate online portals for both SSDI and SSI.

Also, you can phone the SSA from Monday through Friday between 7am and 7pm at 1-800-772-1213.

But be aware that the average wait time for an application approval typically ranges from three to five months.

How you could lose SSDI 

Keep in mind that there are a couple of ways you can potentially lose benefits.

If you start to earn at least $1,040, or $1,740 for those who are blind, you could lose benefits.

Another way you could potentially lose benefits is if your health improves to where you are no longer considered disabled.

We recently revealed five ways you can boost your Social Security checks at any age.

And we explain how working while claiming Social Security affects your payments.