If you were hurt or injured on the job, being unable to return to work can put enormous stress on you and your family—especially if you were the primary income earner for your household. Thankfully, American workers are eligible to receive a percentage of their incomes when they can’t go back to work through Social Security Disability (SSD) benefits.
SSD benefits are paid out to eligible employees after they’ve worked for a certain amount of time and paid enough money into the system, which is controlled by the Social Security Administration (SSA). When workers who are injured or ill file for SSD benefits, the SSA can either approve or deny their claims, and those who are approved may receive a percentage of their incomes to assist with their living expenses.
How much do recipients earn? The amount can vary depending on multiple factors, including:
- Your earnings history – The SSA calculates the amount it pays to SSD recipients via a formula called average indexed monthly earnings. This formula is calculated by factoring in the amount of money you’ve earned over a period of several years. The maximum monthly benefit for SSD recipients is $2,788.
- Your secondary replacement income – If you also receive workers’ compensation benefits or temporary state disability benefits, your SSD benefits will be reduced proportionately. However, disability benefits from private insurance policies don’t affect SSD payments.