Wednesday, October 3, 2018

HOW MUCH WILL MY SSDI CHECK BE?

Social Security disability benefits are unique to the individual.  The amount of your monthly benefit depends on your age, how long you have worked and how much you have earned.

The maximum SSDI benefit can be over $2,700 per month.  That would be for an individual with many years of high earnings.

The average SSDI check in 2018 is around $1,170 per month.

SSDI benefits are not "means tested."  Benefits are not reduced because you have other income, property, savings, etc.  

Supplemental Security Income (SSI) is a totally different program and its maximum benefit is $750 per month.  That amount can be reduced based on household income, living arrangements and other factors because SSI is for low income individuals or families.

Social Security no longer mails estimates of benefits, as they once did.  However, you can call your local Social Security office and ask about your estimated monthly benefit in case of disability.

Keep in mind that SSDI beneficiaries also get Medicare insurance, which is a valuable benefit.  (SSI recipients get Medicaid).

 

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