Being unable to work because of a mental or physical illness or injury can be devastating. Not only are there often painful symptoms and serious conditions to be worried about, but many people also struggle with the stress of not being able to earn an income.
Thankfully, there are disability benefits available through Social Security to eligible applicants that can provide critical support to disabled workers. This money can be essential in helping disabled workers and their families cover expenses and relieve some of the financial burden that can come with an inability to work. Knowing how much may be available through SSDI could help people make the decision to explore their options for pursuing benefits.
According to a recent report released by the Social Security Administration, more than $10 million was paid out to disable workers and their families in the month of Nov. in 2014. This money was paid primarily to workers, but spouses and children of disabled workers also received a portion of this money.
The report notes that the average monthly payment to disabled workers was approximately $1,146. Spouses and children received an average of between $300 and $350 during the month.
These amounts may not seem significant at first. However, to a family who has lost the financial support of the disabled worker, that money can be crucial in making ends meet. It is also important to note that many people receive more than this average, while others do receive less.
Every person's situation is different, as SSA will calculate benefits on an individual basis. It does this by looking at how long a worker has been employed as well as their lifetime earnings and the amount of money they have contributed to Social Security in that time. Based on these calculations, SSA will determine benefits.
Failure to understand the amount of benefits that may be available could be a costly mistake. In order to get an idea of how much financial support may be collected and to determine whether a person is in fact eligible to pursue these benefits, it can be wise to seek out the help of an attorney.