How Much Money Can I Make If I'm On Ssdi

It'due south non easy to get approved for Social Security Disability Insurance (SSDI) benefits—especially if y'all are non working with a Tampa Social Security disability chaser. In fact, over two-thirds of initial applications for SSDI benefits are denied. Even if yous are approved for benefits, this does not mean that yous will continue to receive benefits forever. Your benefits may stop for a number of reasons, including how much money you earn every month. If you earn too much coin, you will no longer qualify for SSDI benefits.

Are you allowed to work if y'all are canonical for SSDI benefits? How much money can you lot earn per month if you take already been canonical for SSDI benefits? Hither's everything you need to know:

What is Substantial Gainful Activity (SGA)?

The SSA will only corroborate your application for SSDI benefits if information technology is determined that your disability prevents you from engaging in what is chosen "substantial gainful activity," or SGA. The SSA defines SGA every bit any blazon of work that brings in a certain amount of money every month.

This monthly income limit is adjusted annually. In 2020, information technology is $i,260 for not-bullheaded disabled applicants and $two,110 for blind applicants. This means if you lot are a non-bullheaded disabled private, you will non qualify for SSDI benefits if you earn more than $1,260 from work per month.

It'southward important to note that the SSA will only expect at how much you earn from working, not from other sources of income. For case, the SSA volition not count coin earned from investments or interest toward your monthly income. The SSA volition also non look at how much your spouse earns per calendar month when determining your eligibility for SSDI benefits.

What Happens If You Engage in SGA While Receiving SSDI Benefits?

If you are canonical for SSDI benefits, you lot are required to notify the SSA of whatever changes to your employment. This includes:

• Starting or stopping work
• Pay changes
• Hr changes
• Duty changes

Why does the SSA demand to know this employment information? If you start working afterward being approved for SSDI benefits, you may no longer be eligible if you earn more $1,260 per calendar month from your work. This is because the SSA would no longer consider you disabled since you lot are performing plenty work to earn more the SGA monthly limit, which is $1,260.

If you return to work and earn less than $1,260 per calendar month, the SSA would not consider your work to exist SGA. Therefore, you would not lose your benefits as a result of your conclusion to render to piece of work.

What is the Trial Work Period?

There is i exception to the SGA monthly income limit rule: the trial work period. If you are currently receiving SSDI benefits, the SSA gives you an opportunity to test your ability to piece of work during a trial piece of work menstruation that lasts for a menstruation of at least 9 months.

If yous participate in the trial work menstruation, you will continue to receive the full amount of SSDI benefits regardless of how much yous are earning from work. There is no limit on the amount of money y'all are able to earn during this period—y'all will not lose your benefits.

The trial piece of work period volition end once you lot have earned more than than $910 per month for 9 months in a 60-month period. If you are cocky-employed, the trial work period volition end in one case y'all have earned more than $910 or worked more 80 hours per month for nine months in a lx-month period.

After your trial work period ends, y'all will enter an extended period of eligibility.

What is the Extended Flow of Eligibility?

The extended menstruum of eligibility is a 36-month period following your trial work menstruum. During this time, you can proceed to receive SSDI benefits for whatever calendar month in which your earnings from piece of work are not considered "substantial."

For example, say Jan is the last month of your trial work menstruation. In February, you lot earn $1,500 from work, merely in March, you only earn $900. You would not receive SSDI benefits for Feb since your earnings are over the SGA monthly limit of $1,260. Still, you would receive SSDI benefits for March since your earnings are below this limit.

You won't need to reapply in order to become benefits for every month y'all qualify during the extended flow of eligibility. As long as yous are within this 36-month period—and earning less than the SGA monthly limit—you volition receive SSDI benefits.

What Should You Do If Yous Are No Longer Able to Work After Your Benefits Stop?

Many people who receive SSDI benefits successfully return to work, which means they will no longer authorize or demand benefits. Merely if you cannot go along to work and your benefits accept already stopped, you need to take action right abroad to reinstate your SSDI benefits.

Yous have v years to inquire the SSA to reinstate your benefits if you cannot keep to work due to your disability. Fortunately, you will not exist required to submit a new application or wait for months to hear whether or non you are approved. However, you lot must brand sure that you request an expedited reinstatement within this five-year period.

Let Our SSDI Attorneys Help You Obtain Benefits

The rules regarding your monthly earnings and eligibility for SSDI benefits are complex. That'southward why you should seek legal representation if you demand legal advice regarding your benefits.

Furthermore, if you are unable to work as a consequence of a disability, let our SSDI attorneys in Tampa guide you through the process of applying for benefits. If your application has already been denied, our team can besides help with the process of appealing the SSA'south decision. We know what information technology takes to get canonical. Let us work tirelessly to ensure you lot are awarded the benefits y'all demand and deserve.

Source: https://carlsonmeissner.com/how-much-money-can-you-make-while-on-ssdi/

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