social security disability income

How to Figure Out Your Monthly Social Security Disability Benefit Payments ?

So you’re applying for Social Security Disability benefits, but you’re unsure how much you’ll be receiving every month. Don’t worry; you’re not the only one. Many people worry about this as well, but the answer depends on a variety of factors. You can estimate how much you will be receiving with the right resources and the help of a SSD lawyer. Based on the amount an individual makes over the course of their time working will determine a person’s monthly payment. This works just like receiving retirement benefits because over the course of the years you’ve worked, SSA will base an applicants payment on the average of the income. There are minimum and maximum amounts that are set in place regardless of someone’s overall income.


Here is some information on how to understand the process and how much your monthly payments will be.


How to Determine Your Benefits

A variety of factors will come into play when determining your monthly payments from SSD. Your eligibility as well as how much money you’ve earned in the past and money you’ve put into SS will be considered. If you are setup with a SS plan, you will get sent a statement that will let you know how much money you could earn each month if you ever end up disabled. The statement is a fairly accurate estimate. If you don’t receive these statements, you can contact someone at your local Social Security office and they will be able to prepare one for you. This can take a few weeks to receive, but if you don’t want to wait, you can use an online calculator that will help you get a rough estimate. The calculator helps generate the monthly income, but will most likely not be as accurate as the one that the Social Security comes up with. This can be used as a guideline so you can determine benefits.


What Is An Average Disability Benefit?

It is hard to get an exact answer of how much you will be receiving until you are approved for SSD benefits. Once Social Security Administration knows exactly how much you make, how much money you’ve put into SS and more information on your disability, they will be able to factor in all of these variables in order to get a monthly payment. You may be able to receive more money than the average benefit, which is roughly $1,000, depending on your past income. Because the SSD program is needs-based, some applicants may qualify for SSI and SSDI at the same time. This depends on the income of a household as well as how many people live there.


If you are approved to receive Social Security Disability benefits and you do feel like you are not receiving a reasonable monthly payment, you can reach out to a agent that is in your area and they can assist you with this. You may be entitled to get more money each month. Depending on the state you live in, you can get additional money or file for either food stamps or medical care in addition to monthly payments. By working with a local agent as well as a disability lawyer, you will get the assistance you need and they can help you receive the maximum amount in disability.