Social Security is recognized by many Americans for providing cash support to the people who need it most in the United States: retirees, low-income households, and people with disabilities. More and more cities have run out of banks in their localities. To qualify for these payments you must meet certain requirements. Specifically speaking about capacity benefits, There is a 5 year rule that you must meet to receive it..
The Social Security Administration (SSA), the agency that administers the Social Security benefit programs, there are about 2,728 rules, which makes it difficult for many people to pay attention to each of them. But, they should. On this occasion, we will detail one of them: the 5-year rule, which directly affects one of the payments you will receive.
Social Security Disability Insurance (SSDI) is the SSA benefit intended for people with mental or physical disabilities. with a minimum duration of 12 months or cause death, and that prevents them from working.
In July 2023, Nearly 8.7 million people receive SSDI benefits, most of them, nearly 7.5 million, are disabled workers, according to SSA data. The rest of the beneficiaries are spouses and children of disabled workers.
The 5 year rule It is known this way because it refers to the period of years (5) that applies to those over 31 years old, and that requires that they have worked for at least five of the ten years before developing their disability, paying enough Social Security taxes. This rule is supported by others who must meet applicants before receiving any SSDI payments. If the benefit is in the name of a family member requesting this assistance, in order for them to receive it, this requirement applies to the worker paying Social Security payroll taxes.
Workers who have paid into Social Security but become disabled before reaching full retirement age (FRA) can file a claim with the SSA to receive SSDI. In addition to meeting the 5-year rule, the applicant must meet the medical disability criteria, which means have a condition expected to last at least one year or result in death. This requirement is the same for the SSI program.
Those who are eligible and unable to return to work you will receive your SSDI payment just like your Social Security check when you arrive at your FRA.
Average benefits for a disabled worker are $1,487., more than $350 below the average benefit for retired workers receiving Social Security. The average benefit for spouses and children of disabled workers is less than $500, in part because the SSA assumes those people have other sources of income.