How Much Money Can You Earn on Social Security Disability
Social Security disability insurance doesn't have a limit on unearned income, but there is a limit on how much you tin brand from working.
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Social Security inability insurance (SSDI) is bachelor to people who tin no longer work due to a disability (physical or mental). But only those who've paid taxes into the Social Security arrangement for at to the lowest degree several years are eligible for SSDI (encounter our commodity on SSDI eligibility to see how many work credits are required). Those who are canonical for benefits receive monthly SSDI payments that are adamant by their earnings records over the terminal 35 years (the average amount is $1,358 in 2022).
SSDI Income Limits
The SSDI programme doesn't put a limit on the amount of assets or unearned income you have, dissimilar the low-income disability program, Supplemental Security Income (SSI).
Merely the Social Security Assistants (SSA) does put a limit on the amount of coin that you can earn through work when you receive Social Security disability benefits, because if you can earn a substantial amount of income, y'all aren't considered disabled.
No Limits on Unearned Income and Assets
A person collecting SSDI can have any corporeality of assets and whatsoever amount of income from investments, interest, or a spouse's income. These are all types of "unearned income." Yous (and your spouse, if you're married) tin can have an unlimited corporeality of unearned income. Unearned income includes:
- involvement income
- dividends
- rent from belongings you lot don't actively manage
- income that your spouse earns
- pensions
- state disability payments
- unemployment benefits, and
- greenbacks or gifts from friends and relatives.
Whatsoever blazon of gifts, even expensive ones, don't impact SSDI benefits at all. Yous don't have to written report them to the SSA as income.
Limit on Substantial Gainful Activity (SGA)
A person with a inability applying for or receiving SSDI can't earn more than a certain amount of money per month by working; this isn't because of an income limit, just rather considering the SSA wouldn't consider that person disabled.
If yous tin do what the SSA calls "substantial gainful action" (SGA), you lot aren't disabled. A person who earns more a certain monthly corporeality is considered to be "engaging in SGA," and thus not eligible for SSDI benefits. In 2022, the SGA amount is $ane,350 for disabled applicants and $2,260 for blind applicants. (Federal regulations apply the national average wage index to gear up the income limit for determining the SGA each year.)
The rules differ for concern owners, since their monthly income may not reflect the work endeavour they put into their business. For more than data, run into our commodity on SGA for small business owners.
Trial Work Period
Some people receiving SSDI may feel enough improvement in their status that they desire to try to render to the workforce, simply they're afraid that they'll be unable to keep a job due to their disabilities. To encourage SSDI recipients with disabilities to try to render to work, the SSA provides for an exception to the SGA rules. This exception is called the "trial work period."
During the trial piece of work period (TWP), a person receiving SSDI can have unlimited earnings and yet receive full benefits without risking getting their benefits terminated.
The trial work period provides nine months (that do not demand to be consecutive) out of a lx-calendar month period where SSDI recipients can try out working without having their disability benefits ended. What counts as one of the 9 trial work months? In 2022, any month in which an SSDI recipient earns more than $970 is considered a trial work calendar month. (Notice that this amount is lower than the SGA amount.)
After an SSDI recipient has worked for nine months making more than than $970, the SSA volition beginning evaluating the person'due south work to see if it is over the SGA limit. If it is, disability benefits will continue for three months (a grace period) and so stop.
But when the SSA terminates benefits considering an individual is working over the SGA limit, the SSA will restart benefits someday within the next 36 months in which the individual fails to earn the monthly SGA corporeality for a month, or becomes unable to work once again due to the same disability. For more information, run into our commodity on the trial piece of work period and the 36-month period following the TWP.
Updated December 10, 2021
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Source: https://www.disabilitysecrets.com/resources/social-security-disability/ssdi/income-limits-ssdi-benefits
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