The Social Security Administration has four programs, one of which is the Social Security Disability Insurance (SSDI), which provides assistance, as long as the requirements are met, one of which is called the rule of 5 years. Find out the details.
Social Security benefits almost every family, and at some point, it touches the lives of almost everyone in the US, whether they contribute or not.
According to SSA figures, as of June 2022, about 182 million people are working and paying Social Security taxes and about 66 million people are receiving monthly Social Security benefits, one of which is SSDI.
WHAT IS SSDI?
This is Social Security Disability Insurance (SSDI), a program that provides assistance to people who meet the requirements of a physical or mental disability. It manages the benefits of the affected person and some members of his family if he is “insured.”
The medical problem must have at least one of these three options: it lasts for at least 12 months, it can cause death, and it can prevent you from working.
In July 2023, according to SSA data, nearly 8.7 million people received SSDI benefits, most of whom, nearly 7.5 million, were disabled workers. The rest of the beneficiaries (1.2 million) are wives and children of disabled workers.
WHAT IS A 5-YEAR ADMINISTRATION OF SOCIAL SECURITY?
The SSA has 2,728 rules, according to the latest calculation made by a specialist collected by Solo Dinero media. Within Social Security Disability Insurance (SSDI) there is one called the 5-year rule, because it refers to the period of years (5) that applies to those over 31 years of age, and must be at least five years. the 10 years before the period of disability are worked. Your Social Security payments must have earned you at least 20 credits.
The amount required for a work credit changes from one year to the next. In 2023, for example, you get one credit for every $1,640 of wage or self-employment income. If you earned US$6,560, you accumulated 4 credits for the year.
In addition to meeting the 5-year rule, the applicant must meet the criteria of medical disability, which means having a condition that is expected to last at least one year or result in death. This requirement is the same for the SSI program.
WHAT DOES SSA DEFINE AS DISABILITY?
The Social Security definition applies only to total disability. No benefits are payable for partial disability or short-term disability. To qualify for SSDI, in addition to 20 credits, the following rules must be met:
- The person is unable to work or participate in substantial gainful work (SGA) that he previously did because of his medical condition.
- You cannot do the job you used to do or adjust to another job because of your medical condition.
- Your condition has lasted or is expected to last at least 1 year or will result in death.
HOW MUCH WILL I PAY IN SSDI?
Those who are eligible and unable to return to work will receive their SSDI payment just like a Social Security check upon reaching retirement age:.
- The average benefit for a disabled worker is $1,487, more than $350 less than the average benefit for retired workers receiving Social Security.
- The average benefit for spouses and children of disabled workers is less than $50, because the SSA assumes these people have other sources of income.