With the last SSDI payment of the month approaching, millions of disabled people will receive their monthly benefits tomorrow. The Social Security Disability Insurance (SSDI) program provides disability benefits to all beneficiaries who meet the SSA’s definition and requirements for disability. In addition, SSDI recipients must meet work history and Social Security contribution requirements before being accepted into the program. If you already qualify for this program, don’t forget that if you were born between the 21st and 31st, you will receive your last check tomorrow.
How does Social Security provide monthly disability benefits?
The Social Security Administration (SSA) has two methods for paying disabled people monthly benefits. First, it pays all beneficiaries who claimed benefits before May 1997 on the 3rd of each month, and pays beneficiaries who claimed after that date based on a graduated methodology. So disabled people will receive their SSDI benefits on the 2nd, 3rd, or 4th Wednesday of each month, depending on their date of birth. To help you better understand this methodology, we’ve added a quick summary of how it works here.
If your birthday falls between the 1st and 10th of the month, your payment will be mailed on the 2nd Wednesday of that month. If your birthday falls between the 11th and 20th of the month, your payment will be mailed on the 3rd Wednesday of that month. If your birthday falls between the 21st and 31st of the month, your payment will be mailed on the 4th Wednesday of that month.
Under this payment schedule method, a disabled person would receive disability benefits in July as follows:
SSDI Payment Date Conditions July 3rd if you claimed benefits before 1997 (regardless of birthdate), July 10th if you claimed benefits after 1997 and were born between the 1st and 10th, July 17th if you claimed benefits after 1997 and were born between the 11th and 20th, July 24th if you claimed benefits after 1997 and were born between the 21st and 31st
SSDI payments will be worth up to $2,590.
The amount of SSDI payment is determined by calculating a Basic Insurance Amount (PIA) based on an individual’s work history. On average, SSDI recipients receive about $1,500 per month, but those who contributed to the Social Security system based on maximum taxable income are eligible to receive up to $3,822 in benefits per month. In addition, those who qualify as blind recipients can receive a Social Security check of up to $2,590.
Are SSDI payments the same as Supplemental Security Income (SSI) benefits?
Different governments have different approaches to social welfare issues, especially prevention and minimization of social problems. The federal government addresses issues such as blindness and disability in different ways depending on the goals of the program. Social Security Disability Insurance and Supplemental Security Income address the economic challenges of blind and disabled people, but they are not the same. To understand the main differences, see the following table.
Characteristics SSDI Payments SSI Benefits Who is eligible? Adults who have lost their sight or become disabled while working. Disabled or visually impaired children. Adults who are working but are not eligible for SSDI. Disabled or visually impaired adults who have never worked. Eligibility Requirements? Blindness or disability may be diagnosed as permanent or temporary (12 months or more). Payment of Social Security taxes for at least 5 of the past 10 years. Blindness or disability may be diagnosed as permanent or temporary (12 months or more). Have very limited income. No or few assets (up to certain limits). Considerations in determining benefit amount: Number of years Social Security taxes have been paid, and the recipient’s income. The applicant’s income and asset level.