How Much Money Can I Make With Social Security Disability
It's not easy to get approved for Social Security Inability Insurance (SSDI) benefits—especially if you are non working with a Tampa Social Security disability attorney. In fact, over two-thirds of initial applications for SSDI benefits are denied. Even if you are approved for benefits, this does non mean that you will continue to receive benefits forever. Your benefits may end for a number of reasons, including how much money you earn every month. If y'all earn too much money, you will no longer qualify for SSDI benefits.
Are you immune to work if you are approved for SSDI benefits? How much coin can you earn per month if y'all have already been canonical for SSDI benefits? Here's everything yous need to know:
What is Substantial Gainful Activeness (SGA)?
The SSA will only corroborate your application for SSDI benefits if information technology is determined that your inability prevents you from engaging in what is called "substantial gainful activity," or SGA. The SSA defines SGA every bit any blazon of piece of work that brings in a sure amount of money every month.
This monthly income limit is adapted annually. In 2020, information technology is $one,260 for not-blind disabled applicants and $two,110 for blind applicants. This ways if yous are a non-blind disabled individual, yous will not qualify for SSDI benefits if you earn more than than $1,260 from work per month.
It's important to note that the SSA will only look at how much you lot earn from working, not from other sources of income. For instance, the SSA will not count coin earned from investments or interest toward your monthly income. The SSA will also not expect at how much your spouse earns per month when determining your eligibility for SSDI benefits.
What Happens If You Appoint in SGA While Receiving SSDI Benefits?
If you are approved for SSDI benefits, y'all are required to notify the SSA of any changes to your employment. This includes:
- Starting or stopping work
- Pay changes
- 60 minutes changes
- Duty changes
Why does the SSA need to know this employment information? If you start working afterwards beingness approved for SSDI benefits, y'all may no longer be eligible if you earn more than $1,260 per month from your work. This is because the SSA would no longer consider you lot disabled since you are performing enough piece of work to earn more than the SGA monthly limit, which is $1,260.
If you lot return to piece of work and earn less than $one,260 per calendar month, the SSA would not consider your work to be SGA. Therefore, you would not lose your benefits every bit a issue of your decision to return to work.
What is the Trial Work Period?
At that place is one exception to the SGA monthly income limit rule: the trial piece of work period. If y'all are currently receiving SSDI benefits, the SSA gives yous an opportunity to examination your ability to work during a trial work period that lasts for a menstruum of at least nine months.
If you lot participate in the trial work period, you volition continue to receive the full corporeality of SSDI benefits regardless of how much you lot are earning from piece of work. There is no limit on the amount of money y'all are able to earn during this catamenia—you will non lose your benefits.
The trial work period will end one time yous have earned more than $910 per month for ix months in a lx-calendar month period. If you lot are self-employed, the trial piece of work period volition cease once you have earned more than than $910 or worked more than lxxx hours per month for nine months in a lx-month period.
Subsequently your trial work period ends, you volition enter an extended flow of eligibility.
What is the Extended Period of Eligibility?
The extended period of eligibility is a 36-month catamenia following your trial piece of work period. During this time, y'all tin continue to receive SSDI benefits for any month in which your earnings from work are not considered "substantial."
For case, say January is the last month of your trial work period. In February, you earn $one,500 from work, but in March, you only earn $900. You lot would non receive SSDI benefits for February since your earnings are over the SGA monthly limit of $1,260. However, you would receive SSDI benefits for March since your earnings are below this limit.
You won't need to reapply in order to become benefits for every month you qualify during the extended catamenia of eligibility. As long equally you are inside this 36-month menstruum—and earning less than the SGA monthly limit—you lot volition receive SSDI benefits.
What Should Y'all Practise If Yous Are No Longer Able to Piece of work After Your Benefits Terminate?
Many people who receive SSDI benefits successfully return to work, which means they will no longer qualify or need benefits. But if y'all cannot continue to piece of work and your benefits take already stopped, yous demand to have activeness right abroad to reinstate your SSDI benefits.
You lot have five years to ask the SSA to reinstate your benefits if you cannot keep to work due to your disability. Fortunately, you volition not be required to submit a new application or wait for months to hear whether or non you lot are canonical. Notwithstanding, yous must make sure that you request an expedited reinstatement within this 5-year flow.
Let Our SSDI Attorneys Help Y'all Obtain Benefits
The rules regarding your monthly earnings and eligibility for SSDI benefits are complex. That's why you lot should seek legal representation if you need legal advice regarding your benefits.
Furthermore, if yous are unable to work every bit a issue of a disability, allow our SSDI attorneys in Tampa guide you through the procedure of applying for benefits. If your application has already been denied, our team can besides assist with the process of appealing the SSA's determination. We know what it takes to get approved. Let us work tirelessly to ensure you are awarded the benefits yous need and deserve.
Source: https://carlsonmeissner.com/how-much-money-can-you-make-while-on-ssdi/
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