this will be their new check

Beneficiaries with disabilities may be entitled to 2 different types Social security benefits. So it will depend on whether you get Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI).

Some Americans may be eligible for both at the same time. Remember to get SSDI you must meet the strict definition of impairment determined by the Administration, have worked and paid sufficient taxes to SSA.

Therefore, SSDI it’s not for anyone who just happens to have a qualification impairment. Paying enough payroll taxes is essential. That’s why it’s so important to make sure your employer pays the right amount of taxes. If you notice any errors, you can report them to have them corrected after checking your annual report.

HOW WILL SSDI BENEFITS CHANGE IN 2024?

The Social Security Administration will increase SSDI benefits by 3.2%. Then payments will increase by about $48 on average. This means that people on SSDI will receive a total of about $576 in just one year.

SSDI disabled beneficiaries will receive more than $500 on average in one year
Beneficiaries with disabilities will receive more than $500 on average in one year

If your payment is larger than average, you’ll end up with more dollars. For example, if your check is for $2,000, your January payment will be $2,064. Or if you earn $2,500 in 2023, it will become $2,580 in 2024.

In addition, the Social Security Administration has changed impairment thresholds. Significant earning activity will be $1,550 per month (not blind) and $2,590 per month (blind). These amounts have been increased from $1,470 and $2,460, respectively.

The threshold of the trial period of work for people with impairment also rose. While it is $1,050 in 2023, it will be $1,110 per month in 2024. So, make sure you are aware of all these upcoming changes in 2024.

CHANGES TO SSI AFFECTING PEOPLE WITH THESE DISABILITY BENEFITS

If you just get SSI (Supplemental Security Income) or SSDI at the same time, you will also receive a 3.2% increase. Millions of Americans will receive 3.2% more per month, regardless of their Social Security benefits.

For example, if you are on SSI because you have qualifying disability, you’ll get up to $29 more per month. This equates to 348 dollars after 12 months. Undoubtedly, if you get SSI and SSDI, you will receive much more each month.

A single person on SSI can only get up to $943 in 2024. Principals get up to $472 in 2024, and married couples get up to $1,415. So, depending on your personal situation, you may receive one or the other amount.

FYI, to get a bigger Social Security payment, you have to aim high. In fact, your goal should be to earn that much money as much as possible. Those who earn the taxable maximum over 35 years and file late could receive up to $3,822 in 2024, up from $3,627 in 2023.

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