Learn how much SSDI you can get. The Social Security Administration explains how.
If you have a new disability that prevents you from working, you may be wondering about your future and the amount of SSDI you will receive. Keep in mind that there are several factors that can affect the amount, including the age at which you apply.
Being a senior is not the same as being 30 years old. The older you are, the higher your SSDI benefits will be. Years of work also matter; you need to work 35 years to get a higher benefit. Higher earners also receive higher Social Security benefits.
The Easiest Way to Find Out How Much SSDI Payment You Are Getting
The Social Security Administration (SSA) encourages you to use your statement, and the best part is that it’s available online for free, saving you time and money.
Even if you earn enough work credits to qualify for disability insurance, you may not have a qualifying disability. The Social Security Administration will first check to see if you qualify.
You need to have a Social Security account to receive your statements from the Social Security Administration. This is helpful no matter your age because it helps you focus on your future SSDI or retirement benefits. If you are over 60 and don’t have an SSA account, you will receive a letter in the mail.
Social Security Information on Disabilities
If you need to apply for SSDI because of a disability, check your statement first. Your statement will tell you whether you have earned enough work credits to receive disability insurance.
The amount shown on your statement is the amount at the time you apply, so if you apply for SSDI three years later and worked all that time, the amount would be higher. A 60-year-old would need to work for 9.5 years to qualify for disability insurance.
Some people who may die from a disability may be concerned about leaving a source of income for their family. Reviewing your statement will also tell you if you earned enough Social Security credits for eligible family members. Additionally, it will show you the amount for survivors of your spouse and children.