Social Security Disability Insurance (SSDI) will send another batch of Social Security payments to their disabled beneficiaries. On average, individuals with disabilities will receive $1,537; blind recipients will receive $2,590; and eligible disabled beneficiaries who meet Social Security contribution requirements will be entitled to earn up to $3,822 in monthly benefits.
As every beneficiary’s circumstances are different, their SSDI payment will vary according to their working history and Social Security contributions before becoming disabled. In contrast to the Supplemental Security Income (SSI) program, which does not require a work history. Currently, the Social Security Disability Insurance (SSDI) program provides benefits for around 8.8 million disabled workers.
According to Social Security Administration (SSA) statistics, the SSDI payment accounts for half or more of the monthly income for about 71% of recipients in the fund. This means that without this monthly payment, most SSDI beneficiaries won’t have enough money to cover their living expenses. People who receive Social Security Disability Insurance (SSDI) benefits are rarely able to maintain the same standard of living they had before being incapacitated because of the minimal amount to which benefits replace lost earnings and the restricted sources of supplementary income upon which they can depend.
Moreover, SSDI benefits would not exist without the Social Security payroll taxes paid by employees and their employer’s support. Currently, employers and employees share a $113,700 wage tax, which is equal to 0.9 percent of the worker’s compensation. These taxes are paid into the trust fund for Social Security Disability Insurance (SSDI). The federal income tax and other federal funds are used to pay for Supplemental Security.
Who is eligible to receive the SSDI payment?
The SSDI payment is reserved for workers with the most severe conditions and disabilities who meet the strict disability standard known as substantial gainful activity (SGA). The term “SGA” describes a work-to-earnings ratio that involves a high degree of mental or physical activity, or both. Any work that is done for money or profit, whether or not a profit is obtained, or that is frequently done for pay or profit, is considered a gainful labor activity. If a citizen cannot perform a substantial gainful activity (SGA) because of one or more severe physical or mental impairments that could be fatal or that are expected to last at least a year, they will be considered an eligible SSDI beneficiary.
SSDI applicants must provide medical documentation from a doctor, specialist, or other licensed or qualified medical source demonstrating a severe impairment. Evidence from other health care providers, such as nurse practitioners, clinical social workers, or statements made by the applicants themselves, is not considered medical evidence and hence will not be sufficient to prove a serious medical impairment.
Furthermore, it is often possible for recipients of disability compensation to enroll in public health insurance. Medicare is available to all recipients of Social Security Disability Insurance (SSDI), but only after a two-year waiting period. SSDI recipients will also be automatically eligible for Medicaid eligibility as soon as they are accepted into the SSDI program in the majority of states. However, don’t forget that, compared to Supplemental Security Income (SSI), some states have stricter Medicaid eligibility requirements.
SSDI payment dates confirmed for April
Once the SSDI payment of today (March 27th) is completed, Social Security Disability Insurance (SSDI) will resume payments as follows:
- April 10th: Recipients whose birth dates range between the 11th and the 20th
- April 17th: Recipients whose birth dates range between the 11th and the 20th
- April 24th: Recipients whose birth dates range between the 21st and the 31st
Don’t forget to check the Social Security payment schedule for 2024 to see all the coming SSDI payment dates.