SSDI beneficiaries can receive an average payments from about $1486 said Social security Administration last October. Therefore, the money is not enough to buy all the necessities that American families need.
The prices of food and services increased dramatically. The retired and SSDI benefits lose purchasing power as inflation rises. That’s why many people on disability benefits may want to go back to work as soon as they’re ready.
Sometimes it is not possible to work because of your condition, so it is advisable to make the most of all the benefits available. For example, you should apply for I click and SSI if you are on a low income.
Can I continue to work while on SSDI?
That’s great news, because experts at the Social Security Administration confirm it’s possible to continue collecting SSDI checks and runs at the same time. However, you must participate in one of their programs to return to work.
Remember, it’s important to report any changes that may affect you or yours to Social Security SSDI amount or even your eligibility. Sometimes you may get a discount if you earn more money than allowed.
Before starting work, you should be aware of 3 important things.
- Learn about the maximum amount you can earn to keep SSDI benefits.
- The information you must report to the Administration regarding changes in your personal situation.
- What is the Ticket to Work program?
What are the work incentives for SSDI beneficiaries?
First of all, you can get training and education to look for a new career. It is possible to start rehabilitation in a new field of work. This way you can have new and exciting opportunities.
No worries, you’ll continue to enjoy Medicaid and Medicare while you work. Last but not least, you will continue to receive cash benefits for a while until you receive them money from work.
Thanks to the Trial Work Period, you can see if you can return to work for nine months. For nine months, you will receive your full benefits and salary. Regardless of the earnings you have, you will collect SSDI payments for 9 months.
Obviously, you have to report to Social Security first. A trial month is when you earn more than $1,050 per month. After that, you can also take advantage of the extended eligibility period. You will have 36 months of work and receive SSDI benefits if your income is under $1,470 ($2,460 for the blind)!