As someone who lives in Florida and has a condition so disabling it prevents you from earning a living as you once did, you may be looking for other methods of making ends meet. Social Security Disability Insurance is an assistance program that helps disabled people who qualify for it pay for their basic needs. Whether you can qualify for it will depend on certain circumstances, such as how long you held employment in a Social Security-covered position. How much you can expect to receive on it, too, depends on certain criteria.
More specifically, the Motley Fool reports that your ability to qualify for SSDI benefits will typically come down to whether you meet two eligibility terms. The first factor in determining SSDI benefit eligibility is how long you worked in an “insured” position, and how recently you did so prior to becoming disabled. The second factor that determines benefit eligibility is whether your condition meets the U.S. Social Security Administration’s tight definition of “disability.”
If the SSA does, in fact, approve your application for SSDI benefits, you are likely wondering just how much money you can expect to receive each month in benefits. Unfortunately, there is no “one size fits all” answer to this question. However, in most cases, the amount you can anticipate receiving in disability insurance is similar to that which you would receive in retirement, had you been able to hold down a job until you reached retirement age.
Typically, those approved for SSDI benefits find that their monthly payments fall a little below what they would get in retirement pay, had they been able to work that long. You should be able to get a more accurate picture of your anticipated SSDI payments, if approved, by reviewing a recent Social Security statement.
This content about SSDI benefits is educational in nature and does not constitute legal advice.