How Much Money Can I Earn If I Collect Social Security Disability

It'south non easy to get approved for Social Security Disability Insurance (SSDI) benefits—especially if you are not working with a Tampa Social Security disability attorney. In fact, over two-thirds of initial applications for SSDI benefits are denied. Fifty-fifty if you are approved for benefits, this does not mean that you will proceed to receive benefits forever. Your benefits may stop for a number of reasons, including how much money yous earn every month. If yous earn too much coin, you will no longer authorize for SSDI benefits.

Are y'all allowed to work if you are canonical for SSDI benefits? How much money can you earn per calendar month if y'all have already been canonical for SSDI benefits? Here's everything yous need to know:

What is Substantial Gainful Action (SGA)?

The SSA will only corroborate your application for SSDI benefits if it is determined that your disability prevents you from engaging in what is called "substantial gainful action," or SGA. The SSA defines SGA as whatever type of work that brings in a certain corporeality of money every calendar month.

This monthly income limit is adjusted annually. In 2020, it is $1,260 for non-blind disabled applicants and $2,110 for bullheaded applicants. This means if you are a non-blind disabled individual, y'all will not qualify for SSDI benefits if yous earn more than $1,260 from piece of work per calendar month.

It'southward important to note that the SSA volition only look at how much y'all earn from working, not from other sources of income. For example, the SSA will not count money earned from investments or interest toward your monthly income. The SSA will as well non look at how much your spouse earns per calendar month when determining your eligibility for SSDI benefits.

What Happens If You Engage in SGA While Receiving SSDI Benefits?

If you are approved for SSDI benefits, yous are required to notify the SSA of any changes to your employment. This includes:

Starting or stopping piece of work
Pay changes
Hour changes
Duty changes

Why does the SSA need to know this employment information? If y'all start working afterwards being approved for SSDI benefits, you lot may no longer be eligible if you earn more than $ane,260 per month from your piece of work. This is because the SSA would no longer consider you lot disabled since you are performing plenty work to earn more than than the SGA monthly limit, which is $one,260.

If you return to work and earn less than $ane,260 per month, the SSA would not consider your work to be SGA. Therefore, you would not lose your benefits as a result of your conclusion to return to work.

What is the Trial Work Period?

There is one exception to the SGA monthly income limit rule: the trial work period. If y'all are currently receiving SSDI benefits, the SSA gives you an opportunity to test your ability to piece of work during a trial work period that lasts for a period of at least ix months.

If you participate in the trial piece of work catamenia, y'all will continue to receive the full amount of SSDI benefits regardless of how much you are earning from piece of work. In that location is no limit on the amount of money you are able to earn during this period—yous will non lose your benefits.

The trial work flow volition terminate once yous take earned more than $910 per month for nine months in a 60-month menstruum. If you are cocky-employed, the trial piece of work flow will terminate once you lot have earned more than than $910 or worked more than 80 hours per month for nine months in a 60-month period.

After your trial work period ends, you will enter an extended menses of eligibility.

What is the Extended Period of Eligibility?

The extended menses of eligibility is a 36-month menses following your trial work menses. During this time, y'all can go along to receive SSDI benefits for any month in which your earnings from work are not considered "substantial."

For instance, say January is the last calendar month of your trial piece of work period. In February, y'all earn $1,500 from work, but in March, you only earn $900. You would not receive SSDI benefits for Feb since your earnings are over the SGA monthly limit of $1,260. Yet, yous would receive SSDI benefits for March since your earnings are beneath this limit.

Y'all won't need to reapply in order to become benefits for every calendar month you qualify during the extended menstruation of eligibility. As long as you are within this 36-month period—and earning less than the SGA monthly limit—you will receive SSDI benefits.

What Should Yous Do If You Are No Longer Able to Work After Your Benefits Stop?

Many people who receive SSDI benefits successfully return to work, which ways they will no longer qualify or demand benefits. But if you cannot keep to work and your benefits have already stopped, y'all need to take action correct abroad to reinstate your SSDI benefits.

You lot have five years to enquire the SSA to reinstate your benefits if you cannot continue to work due to your disability. Fortunately, you lot volition not exist required to submit a new application or look for months to hear whether or not you are approved. However, you must make certain that you request an expedited reinstatement inside this five-year catamenia.

Let Our SSDI Attorneys Help You 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 y'all need legal advice regarding your benefits.

Furthermore, if you are unable to work as a consequence of a inability, let our SSDI attorneys in Tampa guide you lot through the procedure of applying for benefits. If your application has already been denied, our team can also help with the process of appealing the SSA's decision. We know what it takes to get approved. Let us piece of work tirelessly to ensure yous are awarded the benefits you need and deserve.

Source: https://carlsonmeissner.com/how-much-money-can-you-make-while-on-ssdi/

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