Social Security Disability Insurance provides monthly income to those who can’t work due to a disability. According to the SSA, studies show that a 20-year-old worker has a 1 in 4 chance of becoming disabled before reaching retirement age.
Monthly SSDI Payment Calculator
Wondering how much your Social Security Disability Insurance benefit payments could be each month? Use our online calculator to get a helpful estimate, based on your age and average annual earnings from work. It’s quick, simple, and will help you prepare for what comes next.
8 SSDI Benefits
Beyond Monthly Income
Approval for Social Security Disability Insurance unlocks access to money-saving, life-enhancing benefits beyond regular monthly income.
You’re eligible for this medical, hospital and prescription coverage 24 months after your SSDI benefits begin.
The length of your COBRA benefits could be extended an additional 11 months.
If you have private long-term disability (LTD) insurance, it probably requires you to apply for SSDI. Doing this can protect LTD benefits.
Approval for SSDI triggers a Social Security earnings record freeze that can result in a higher retirement income.
SSDI approval can activate benefits for your children under the age of 18, adding up to 50% more income to your monthly payments.
The SSA evaluates cost of living allowances annually, which could increase your monthly payment.
You may not have to pay income taxes on a portion of the SSDI benefit payments you get each month.
Return to Work
There are incentives if you return to work: free help from a certified Employment Network, protection for SSDI income, and more.
Your Guide To The Social Security Disability Insurance Process
You may experience 5 levels within the Social Security Administration’s process for SSDI benefits.
Already applied or been denied? We’re here for you. Get True Help wherever you are in the process.
Preparing For A Hearing
Appearing before a judge in a hearing is less intimidating if you know what to expect during this process.
Taxes, Creditors & SSDI Income
Monthly Social Security Disability Insurance payments aren’t always taxed, and they might also be protected from creditors. Familiarize yourself with some of the rules that can help protect your monthly SSDI income, so you’re able to keep more of it for day-to-day living expenses.
SSDI Guidelines By Disability
The Social Security Administration has general guidelines for SSDI, but the approval process isn’t the same for all disabilities. Plus, some conditions qualify for Compassionate Allowances and a quicker decision. Our listing of SSDI guidelines by disability will tell you what to expect.
How Are SSDI & SSI Different?
Eligibility requirements make SSDI and SSI quite different. It’s confusing that these two separate programs have similar initials, because they both provide income for people with disabilities, and are both run by the SSA.
SSDI is Social Security Disability Insurance
This program is for adults with disabilities who are no longer able to work. To be eligible for benefits, you have to meet certain work history requirements and be able to prove that your condition prevents you from work.
SSI is Supplemental Security Income
This program has nothing to do with work history. It’s based on financial need, and provides benefits for both children and adults with disabilities. To be eligible, you must have less than $2,000 in assets and very little to no income.
Some people are eligible for SSDI & SSI
You may be eligible for both SSDI and SSI benefits if you have a work history that qualifies you for SSDI, and a limited income that meets requirements for SSI. We can help improve your chances of approval for these benefits.
Have Long-Term Disability (LTD) Benefits?
With True Help, We Can Better Protect Your LTD Income
Many LTD insurance company policies require that you seek SSDI if it’s likely you will also meet the Social Security Administration’s (SSA) definition of disabled. Following the terms of your policy and applying for SSDI is one important way you can protect your LTD income.
Ready for True Help with SSDI?
empower is a personalized online tool that guides you through the SSDI application process and can help you use these benefits to return to work, if and when you medically recover. Get started by taking our free SSDI Assessment to determine your likelihood of qualifying.
Have Questions Or Concerns? Just Ask Us.