WPBN: For those who have a condition that keeps them from working, the United States government offers monthly compensation through the Social Security condition Insurance program, or SSDI for short.
Generally speaking, a handicapped worker needs to fulfill a number of standards in order to qualify for SSDI benefits. The first requirement is that, depending on your age when you became disabled, you must have worked, paid Social Security taxes, and accumulated enough work history to earn a number of benefits.
Earned each year by paying Social Security taxes on your income, a work credit is a unit used by the Social Security Administration (SSA). Every year, the amount of money you must earn in order to obtain credit varies.
Qualifying usually requires 40 credits, 20 of which must have been acquired in the ten years before to disability. There may be lenient credit criteria if you become incapacitated before the age of thirty-one. On Login.gov, you can access your My Social Security account to view your employment history and the total number of credits you have accrued.
What is the January 2025 SSDI payout distribution process?
On January 3, 2025, a Wednesday, the first SSDI payments with the COLA rise will be made. But only the following are covered by this first date:
- Individuals who are also eligible for Supplemental Security Income (SSI).
- SSDI recipients who began receiving payments prior to May 1997.
Payment dates are allocated based on the dates of birth for the remaining beneficiaries:
- Your cheque will arrive on Wednesday, January 8th, if your birthday falls between the first and tenth of the month.
- Payment will be made on Wednesday, January 15, to those born between January 11 and January 20.
- Lastly, on Wednesday, January 22, the cheque will be sent to those who turn 21 to 31.
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Benefits for SSDI Disability Increase Commencing in January 2025
Your monthly income has a direct impact on how much you adjust for cost of living. Your 2025 check will be worth an additional $2.50 for every $100 in 2024. A beneficiary who receives $1,000 a month will therefore receive an additional $25 per month, for a total of an additional $300 year.
Similarly, if your check is $2,000 a month, you will get an extra $50 each month, or $600 at the end of the year.
Based on information we gathered from the official SSA website, an individual who satisfies the qualifications can expect to receive a maximum of $4,018 in SSDI starting in January 2025.
For non-blind individuals, the monthly substantial earnings (SGA) cap that can be generated while receiving SSDI payments is $1,620. Those who go above this cap risk having their benefits cut or eliminated entirely. The monthly earnings cap for blind individuals receiving SSDI is greater, at $2,700.
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