Social Security Disability is a vigorous but very fine package run under the federal government that acts as an economic savior at times of disability crises. However, due to a vast number of applications and people not covered under the Blue Book Disability also applying to the SSDI benefits, only 20% of the applications are approved. But, here is the good news. Since social security benefits are earned benefits through government run (is social security insurance) insurance program, SSDI, what you receive after being approved depends primarily on the wages that you had been paying Social Security taxes on.
You qualify for disability benefits by paying into the Social Security system through the social security taxes. You need to have the required number of credits in order to be eligible for the benefits. For most employees, your employes already deducts the Social Security taxes from your gross paycheck and pays into the social security tax contributions in your name. However, self employed people or business entities have to do this manually, either by walking into the Social Security office and talking to the concerned authorities or having you disability examiner do that for you.
According to a research the estimated benefits receivable for a worker under Social Security Benefits in Januray 2019 is around $1234 per month. A beneficiary however, can receive more than this or up to $2861 if the person under whose SSDI he is receiving payments paid a huge security tax on his wages.
If you become eligible and are going to receive SSDI benefits, there would be several factors that would determine how much you will be paid. This includes the
It would not depend on
Many people believe that they would have to wait a certain period of time after they become disabled in order to be able to apply for SSDI benefits. That is a not true because you can and you should apply for the benefits as soon as you are disabled. Since the application process itself can take three to five months, that period counts among the waiting period of 5 months mandatory after becoming disabled under SSA's rules for qualifying under Blue Book's disability.