Social Security Disability Insurance (SSDI) is a critical lifeline for countless Americans. Designed for individuals who have worked hard but are now facing disabilities that prevent them from continuing their employment, SSDI acts as a support system for financial stability when you need it most.
Beyond the basics, SSDI opens the door to additional benefits. Below, we’ll go over some of these benefits in an effort to give greater clarity and guidance on the subject.
That said, if you would like to learn more about the full spectrum of SSDI benefits as it relates to you personally, you can schedule a free consultation online or reach out to Schwartzapfel Lawyers at 516-342-2200 today.
What Is Your SSDI Monthly Payment?
To understand what other benefits you can get with SSDI, it’s helpful to look back to 2023 when SSDI beneficiaries received an 8.7% cost of living adjustment.
Paired against 2024, however, and a grimmer picture is painted at just 3.2%. Moreover, as it stands, the average individual payout sits at $1,665.14 per month. Note: Your payment hinges on your average lifetime earnings, which are presently capped at a maximum of $3,822 per month.
Knowing these figures and understanding how they apply to you is crucial. Your Social Security statement, available online, is a valuable tool that can help give you a clearer picture of what to expect.
If you are feeling uncertain about your SSDI claim or how these numbers apply to you, don’t hesitate to get in touch. Call Schwartzapfel Lawyers now at 516-342-2200 for seasoned advice at no cost.
What Other Benefits Can I Get With SSDI?
SSDI is more than just a monthly stipend; it’s a comprehensive support system that opens doors to a range of benefits aimed at enhancing your financial security and overall well-being. Here, examples of options include:
Medicare Coverage
If you’ve been on SSDI for two (2) years, you are eligible for Medicare enrollment. This health plan comprehensively covers your health needs.
Medicare is split into two (2) essential parts: Part A, which takes care of hospital bills so that hospital stays don’t drain your finances, and Part B, which covers day-to-day medical expenses like doctor’s visits and outpatient care. It’s a health safety net that appears when you need it most, offering reassurance in uncertain times.
Family Benefits
SSDI’s reach goes beyond individual support, embracing your family, too. It acknowledges that your loved ones are part of your journey. Eligibility extends to your children under (18), your spouse, and disabled adults diagnosed before the age of (22).
Each eligible family member could be entitled to receive up to 50% of your SSDI benefit amount. This extension of benefits ensures that your family’s financial health is also cared for, helping you feel stable in challenging times.
Tax Benefits
As for tax benefits, the silver lining with SSDI lies in that most beneficiaries won’t pay taxes on their benefits. However, the tax situation can get a bit more complicated if your household has additional income streams, like earnings from a working spouse or income from other sources like rental properties.
Thus, the tax implications of SSDI benefits are as complex as they are important — and that’s where we step in. At Schwartzapfel Lawyers, we can ensure that you’re informed about when and how your SSDI benefits might be taxed when you call or visit us online today.
Return To Work Benefits
Do you have your sights set on rejoining the workforce? If so, you should know that the Ticket to Work (Ticket) program exists to allow you to return to employment by helping your career align with your current abilities and goals.
An empowering initiative, Ticket offers vocational rehabilitation, training, job referrals, and other employment support services. Tailored to your situation, this program is your partner in rediscovering your professional potential.
Survivor Benefits
In moments when a family faces the loss of a loved one receiving SSDI, the program offers a comforting hand. Survivor benefits are there to ensure that your family can remain financially stable during these challenging times.
SSDI provides enduring support, offering a financial cushion that can help cover living expenses and maintain your family’s standard of living.
Additional Support For Low-Income Beneficiaries
Additional support programs like SNAP and HEAP are lifelines when financial issues arise.
The Supplemental Nutrition Assistance Program (SNAP) is a federal assistance program in the United States that provides eligible low-income individuals and families with funds to purchase food. Sometimes called “food stamps,” SNAP increases the food purchasing power of eligible low-income households so they can buy a nutritionally adequate low-cost diet.
Home Energy Assistance Program (HEAP), also known as the Low-Income Home Energy Assistance Program (LIHEAP), is a federal program in the United States that helps low-income households with their energy bills. In this way, HEAP provides assistance with heating or cooling energy costs, energy crisis assistance, weatherization, and energy-related home repairs for households with the lowest incomes that need to use a big proportion of their earnings to meet immediate home energy needs.
Although separate from SSDI and requiring their own application processes, the relief these services bring to your day-to-day life makes them well worth the effort.
At Schwartzapfel Lawyers, we understand the importance of these programs and can guide you through the application process. To ensure that you have access to every resource available to you, call us now at 516-342-2200.
What Concurrent Benefits Are Available With SSDI?
When it comes to SSDI, it’s not a one-and-done deal. Understanding how SSDI interacts with other benefits such as Supplemental Security Income (SSI), Veterans Affairs (VA) disability, and workers’ compensation benefits is the key to taking control over your financial well-being.
Multiple Benefits
SSDI is just one piece of your financial puzzle. Together with other benefits like SSI, which supports those with limited income and resources, or VA disability benefits, catering specifically to the needs of our veterans, you can create a more holistic solution. Even workers’ compensation, designed for those injured on the job, can add to your overall financial assistance.
However, these benefits can affect the amount you receive from SSDI. This is what we call benefit offsets. Think of it as a balancing act where the total amount you receive from all sources remains within certain limits.
Benefit Offsets
So, how do these offsets work? Let’s say you’re receiving workers’ compensation. This could lead to an adjustment in your SSDI benefits. The goal is to ensure that the total sum from both sources doesn’t exceed a certain percentage of your pre-disability income.
Complicated situations like these are where the skilled team at Schwartzapfel Lawyers can provide invaluable assistance to securing your financial future. Our seasoned team can help you better understand how these benefits interact so as to ensure that you’re not just getting what you need but rather all that you’re entitled to.
How Can A Social Security Disability Lawyer Help?
Taking on the SSDI process can often feel like trying to solve a puzzle without the box. This is where a seasoned Social Security Disability lawyer can turn this jumble of paperwork and legal jargon into a clear path toward the benefits you’re entitled to.
Turning Complex Into Clear
At Schwartzapfel Lawyers, we know the ins and outs of SSDI claims like the back of our hand. Filing for SSDI can sometimes feel like sending a message into a void and hoping for the best.
When denials come back, it can feel like a major punch to the gut — but our skilled team of lawyers can help you turn those denials into opportunities.
With over (150) years of combined experience, we know how to present the strongest case possible so that you can get the financial compensation and benefits you need to recover.
More Than Just Filing A Claim
Our role goes far beyond filing paperwork. We’re here every step of the way, whether it’s:
- Gathering relevant medical evidence
- Demonstrating the impact of your disability on your ability to work
- Representing you in all hearings and beyond
At Schwartzapfel Lawyers, we care about you and the outcome of your claim. So, please, don’t put off protecting your financial future any longer. Instead, dial 516-342-2200 and allow our seasoned attorneys the honor and privilege of handling your SSDI for you. That way, you can focus on what’s most important: getting better.
Empowering Your Journey
Understanding the details of SSDI is a must when filing for benefits, and we make it our mission to make sure you’re confident in the legal process. To this end, the support we provide is tailored to the specifics of your situation and needs. In so doing, we make it a priority to always operate with a listening ear and a guiding hand to ensure that our clients’ needs are fully understood and their legal matters are handled with the utmost care and professionalism.
Trust Schwartzapfel Lawyers For Your SSDI Needs
SSDI offers a range of benefits beyond monthly payments, from family support to Medicare coverage and beyond. Still, understanding these benefits can be overwhelming without the help of skilled lawyers like the team at Schwartzapfel Lawyers.
So, please, contact us today at 516-342-2200 or visit us online so that we may fight for you and your well-being.
Your financial future is too important to leave to chance. To protect your tomorrows starting today, call Schwartzapfel Lawyers now!
DISCLAIMER: Nothing on this page should be considered legal advice. You should seek the appropriate counsel your situation requires. For more information, call 1-516-342-2200 now!
Sources:
Schwartzapfel Lawyers, P.C. | Fighting For You
Cost-of-Living Adjustment (COLA) Information for 2024 | Social Security Administration
