Social Security Disability Insurance is an SSA program that grants money to people who lost their working capacity due to an injury, accident, or health condition.
The SSDI payments begin at $800 and have a maximum of $1,800 per month.
A disability is a “physical or mental health condition severe enough to prevent you from doing most work for at least a year.”
Who qualifies for the SSDI program?
Social Security Disability Insurance financially helps disabled people regardless of their financial situation.
You qualify by showing your employment time and Social Security taxes based on your lifetime earnings.
The full requirements are:
-You must have a disability by definition
-You can no longer perform a job
-The expectations of your disability are beyond one year
The amount of money you will receive depends on the credits previously earned.
For example, if you are younger than 31, you might have a lower compensation than someone who is 50 or more, due to the credits earned.
How is my SDDI payment calculated?
According to The Injury & Disability Law Center, the SSA doesn’t consider the severity of your disability.
The Social Security Administration determines to base your payments on the “lifetime average earnings before you became disabled.”
“Your SSDI monthly benefit will be based on your average covered earnings over a period of time, which is referred to as your average indexed monthly earnings (AIME),” The Injury & Disability Law Center published.
“The SSA uses these amounts in a formula to determine your primary insurance amount (PIA). This is the basic amount used to establish your benefit.”
Can I receive more than one SSA benefit?
Yes, you can.
However, the maximum the SSA can grant to a beneficiary is around $3,011 per month.