Are You Getting the Most of Your Social Security Disability Benefits?
Not everybody has disability insurance coverage, but those who do not have the potential to receive Social Security disability benefits through the government. Social Security disability is a program designed to help those who are injured or sick and unable to work because of said injury or illness. The program is mandatory, and is funded by the taxpayers’ dollars. Each employee must pay a portion of their paycheck to Social Security disability, just as they must pay a portion of their earnings to federal income and state taxes. Only individuals who have paid money towards Social Security in the past five out of 10 years are eligible for coverage. Additionally, in order to be eligible, the individual must have become disabled within five years of the date that they last paid Social Security taxes.
How Are Your Monthly Benefits Calculated?
How much in Social Security disability benefits you can expect to receive each month is all dependent upon your average lifetime earnings before your disability began. In order to determine how much that is, the Social Security Administration uses a complex formula to calculate your benefits. For a quick estimate on what to expect, use the Social Security’s calculator tool, or call your local office to speak with a representative. However, you can expect to receive anywhere between $700 and $1,700 per month, with the average Social Security disability payment being approximately $1,200. No matter what your previous earnings were, however, you cannot receive more than $2,639 per month.
Tips for Getting the Most from Your Social Security Disability Benefits
Many individuals apply for Social Security disability benefits only to discover that they are ineligible or that their benefits are not nearly as much as they thought they would be. At The Pendas Law Firm, we understand just how important Social Security disability benefits can be to maintaining a comfortable lifestyle. We help our clients make the most of their benefits with the following tips:
- Never wait to apply for Social Security disability coverage. As soon as you are unable to work due to a medical condition, apply for the disability program;
- If you are self-employed, do not forget to pay your Social Security taxes. If you do, you may be ineligible for Social Security disability benefits should you end up needing them; and
- You can work part time and still receive your Social Security disability benefits. If you find that you are capable for working a part-time job despite your condition, you are free to do so. However, you cannot earn more than what is known as “substantial gainful activity,” which is $1,130 for non-blind individuals in 2016. “Substantial gainful activity” is a level used by the SSA to determine how much work is “too much work” for a disabled individual.
Consult a Miami Social Security Disability Benefits Lawyer
If you are disabled and unable to work, and if you need help supporting yourself and your loved ones in the meantime, consult with a Miami Social Security disability lawyer today. At The Pendas Law Firm, we routinely help injured individuals receive the compensation they need to care for themselves while they recover. Sometimes this means advocating on their behalf in court, while other times it simply means helping them apply for social security disability benefits. Let our Miami lawyers help you. Call us at 1-888-LPENDAS to schedule your private consultation today.
The Pendas Law Firm also serves clients in the Fort Myers, Jacksonville, Tampa, West Palm Beach, Orlando, Daytona, Bradenton, and Fort Lauderdale areas.