Today we are talking about the question, "What benefits will I receive if social security finds out I'm disabled?". The answer to that depends on what program you qualify for.
There are two programs in social security. One is called disablility insurance benefits the other is called, supplemental security income (SSI).
- Disablility insurance benefits. So first lets talk about the disability insurance. If you qualify for disability insurance benefits, there are three potential benefits you can receive. The first one is your insurance. You will qualify for medicare. The second will be a monetary payment you'll receive each month. The amount of that payment will depend on how much you have payed in taxes. The average person recevies about $1,200 per month. The third benefit is if you have dependents. They can also receive a monetary benefit, and usually thats about half of what your monthly benefits are.
- Supplemental security income (SSI).If you qualify for benefits under the second program, SSI, there are two benefits that you can receive. The first is insurance. This would be medicaid. The second is a monetary benefit and the way they calculate that is they start off saying that you will get the max benefit, right now thats $733, and they will look at that and they will discount that based on other resources that you have. If you have some family members that are giving you $100 each month, then they would reduce the $733 by $100. There a certain types of income or resourses that social security will not count against you for SSI purposes. For example food stamps or Section 8 housing, they won't deduct your monthly amount if you're receiving those benefits.
If you or a loved one are thinking about applying for disability benefits or already have and just have questions, feel free to fill out a contact form or give us a call. We would love to help you out.