How Much Can You Earn While Receiving Ssdi in 2020
Information technology's non easy to get approved for Social Security Disability Insurance (SSDI) benefits—especially if you are not working with a Tampa Social Security disability attorney. In fact, over two-thirds of initial applications for SSDI benefits are denied. Even if you are approved for benefits, this does not mean that you volition continue to receive benefits forever. Your benefits may stop for a number of reasons, including how much money you earn every calendar month. If y'all earn too much money, you will no longer qualify for SSDI benefits.
Are you allowed to work if you are approved for SSDI benefits? How much money can you lot earn per month if you have already been approved for SSDI benefits? Hither'southward everything you need to know:
What is Substantial Gainful Action (SGA)?
The SSA will only approve your application for SSDI benefits if it is determined that your disability prevents y'all from engaging in what is called "substantial gainful action," or SGA. The SSA defines SGA as any blazon of work that brings in a sure amount of money every calendar month.
This monthly income limit is adapted annually. In 2020, it is $one,260 for not-bullheaded disabled applicants and $2,110 for blind applicants. This means if you are a non-blind disabled individual, you lot will not qualify for SSDI benefits if y'all earn more than $1,260 from piece of work per month.
Information technology's important to note that the SSA volition merely expect at how much you earn from working, not from other sources of income. For example, the SSA will not count money earned from investments or involvement toward your monthly income. The SSA will besides non look at how much your spouse earns per month when determining your eligibility for SSDI benefits.
What Happens If You Engage in SGA While Receiving SSDI Benefits?
If you are approved for SSDI benefits, you are required to notify the SSA of any changes to your employment. This includes:
- Starting or stopping piece of work
- Pay changes
- Hr changes
- Duty changes
Why does the SSA demand to know this employment data? If you start working after beingness approved for SSDI benefits, you may no longer be eligible if you earn more than $ane,260 per month from your piece of work. This is because the SSA would no longer consider you disabled since you lot are performing enough work to earn more than the SGA monthly limit, which is $ane,260.
If you return to work and earn less than $1,260 per month, the SSA would not consider your work to exist SGA. Therefore, you would not lose your benefits as a result of your decision to return to work.
What is the Trial Work Period?
There is one 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 work period that lasts for a catamenia of at least nine months.
If you participate in the trial piece of work menses, you will go on to receive the full amount of SSDI benefits regardless of how much you lot are earning from work. There is no limit on the amount of coin you are able to earn during this period—you volition not lose your benefits.
The trial work period will end once you have earned more than than $910 per month for nine months in a 60-month catamenia. If you are self-employed, the trial piece of work period will end once you take earned more $910 or worked more than 80 hours per month for ix months in a 60-calendar month period.
After your trial piece of work menstruation ends, you will enter an extended period of eligibility.
What is the Extended Flow of Eligibility?
The extended menstruation of eligibility is a 36-month period following your trial work menstruation. During this time, you lot can continue to receive SSDI benefits for whatsoever calendar month in which your earnings from work are not considered "substantial."
For example, say January is the last month of your trial piece of work menstruation. In February, you earn $1,500 from work, but in March, you merely earn $900. Y'all 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 demand to reapply in order to get benefits for every calendar month you qualify during the extended flow of eligibility. Equally long as you are inside this 36-calendar month menstruation—and earning less than the SGA monthly limit—y'all will receive SSDI benefits.
What Should You Do If You Are No Longer Able to Work Afterwards Your Benefits Finish?
Many people who receive SSDI benefits successfully return to work, which means they volition no longer qualify or need benefits. Merely if you cannot continue to work and your benefits have already stopped, you need to take activeness right abroad to reinstate your SSDI benefits.
Yous have five years to inquire the SSA to reinstate your benefits if you lot cannot continue to work due to your disability. Fortunately, you will non be required to submit a new awarding or look for months to hear whether or not you lot are approved. However, you must brand sure that you request an expedited reinstatement within this 5-year menstruum.
Permit Our SSDI Attorneys Help You Obtain Benefits
The rules regarding your monthly earnings and eligibility for SSDI benefits are complex. That's why you lot should seek legal representation if yous 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 y'all through the process of applying for benefits. If your application has already been denied, our team can also assistance with the process of appealing the SSA'southward decision. We know what information technology takes to get approved. Let united states work tirelessly to ensure you are awarded the benefits yous need and deserve.
Source: https://carlsonmeissner.com/how-much-money-can-you-make-while-on-ssdi/
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