How Your Income Affects Social Security Disability

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Social Security Disability is a complex benefit that requires careful consideration. Your income has a huge impact on your Social Security Disability benefits, so be sure you understand the effect of your income on Social Security Disability before filing for this benefit!

What Is Social Security Disability Benefit?

Social Security Disability Insurance (SSDI) is a complex benefit that may be available to you if you have worked and paid Social Security taxes for many years. SSDI benefits are designed to replace income when people with disabilities can no longer work due to their disability or illness.

How Does Income Affect Social Security Disability?

In general, the higher your income, the lower your Social Security Disability benefit. There’s a formula that translates earnings into an equivalent amount of SSDI benefits called “impairment-related work expenses” (IRWE). The IRS has published tables with different IRWE for each inflationary year from 1978 to 2017.

The higher your income, the more it reduces your IRWE.

Is Legal Help Necessary For Guidance?

The Social Security Administration is not a law office and cannot offer legal advice or help. SSDI benefits are complex, so you should speak with an experienced personal injury attorney about your particular situation before filing for this benefit.

When To Apply For SSDI?

If you are disabled and unable to work in any capacity, contact Social Security and complete an application for disability benefits. The disability can be due to a road accident, a stroke, a back injury, or other illness. Even before you apply for SSDI, file an accident claim against the party that caused you injuries. For this, you can report the incident to the police, hire a personal injury lawyer, and file an accident claim.

Once you have gathered the evidence that proves the other party’s fault and presented it to court with the help of an attorney, your job is done. The next step is to apply for SSDI. The Social Security Administration has created an online disability application that you can fill out yourself and submit to them electronically.

Visit the SSA website for more information about applying for SSDI benefits by clicking here.

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