How Much Can I Receive for Social Security Disability Benefits?
February 10, 2017
Your application for Social Security Disability benefits has been approved. After breathing a huge sigh of relief and maybe a little celebrating, you are now focused on planning your next steps. One of your first questions might be to ask, “How much will I receive each month?” SSD benefits are paid in the month following the month for which they are due, according to the SSA website. So, for the benefit due for the month of January would be paid to you in February.How to determine how much you will receive
The SSA website says that the amount of your disability benefit is based on your lifetime average earnings covered by Social Security. You can get a copy of the estimate online from the SSA. They also have benefit calculators that help you figure out how much you might get if you were to become disabled now.
The average Social Security Disability benefit amount in 2016 was $1,166 per month, but benefit payments can be less than this or up to $2,639 per month. The benefits are not based on household income or the severity of the individual’s disability, rather they are based on lifetime average earning.
SSD Cost of Living (COLA) adjustment for 2017
In calendar years when there is an increase in average wages, there is a slight increase in SSD benefit payments. Called a Cost of Living Adjustment (COLA) The Social Security Act contains the details on how the COAL is calculated. The SSA has published a fact sheet that includes all the details about the COLA adjustments for Social Security for 2017.
If you are someone who has gone through the process to apply for Social Security Disability benefits and you were denied, do not hesitate to get in touch with one of our skilled SSD attorneys. There is a short window within which you can apply for reconsideration of your claim. We can help increase your chances of getting approved at the reconsideration level, and we can help you prepare for an appeal hearing.
If you think that Social Security Disability benefits might be your best solution because you are disabled and unable to work, a knowledgeable SSD attorney from Larry Pitt & Associates can answer any question you might have about the process. Our Philadelphia Social Security Disability lawyers represent the injured and ill throughout Pennsylvania. To schedule a free consultation, you may to call 888.PITT.LAW or fill out our quick contact form. We are here to help families in Berks, Bucks, Chester, Delaware, Montgomery and Philadelphia Counties.
