How Are SSDI Benefits Calculated?
Learn More—Contact Our Oklahoma SSDI Attorney Today
Generally speaking, Social Security Disability Insurance (SSDI) benefits are calculated based on your average earnings and the number of work credits you have earned. Work credits are based on the total amount of income you have earned for which you paid Social Security taxes.
In contrast, Supplemental Security Income (SSI) benefits are calculated based on several factors but are not based on your work or income history. To learn more about SSI benefits, SSI eligibility requirements, and how to apply for SSI, please click here.
If you need help with any aspect of your SSDI or SSI claim, reach out to the Oklahoma Social Security disability lawyer at Todd Disability Law. With nearly a decade of experience in this area of law, she can help you determine how much you can expect to receive in benefits.
Factors Involved in Calculating Your SSDI Benefits
It is important to note that, despite common misconception, SSDI benefits are not dependent on the severity of your disability. They are also not dependent on your income. Instead, SSDI benefits are calculated based on a complex formula that takes into account a number of unique factors.
The factors involved in calculating your SSDI benefits include:
- Your “covered earnings,” or the income on which you have paid Social Security taxes, which is used to calculate;
- Your average indexed monthly earnings (AIME), or your average “covered earnings” over a set time period, which is used to calculate;
- Your primary insurance amount (PIA), which is the maximum amount of SSDI benefits you may receive.
As of 2019, the formula to calculate PIA is as follows: 90% of an individual’s first $926 of AIME is added to 32% of the individual’s AIME between $926 and $5,583, which is added to 15% of the individual’s AIME in excess of $5,583 to calculate the individual’s PIA.
Once determined and accepted, your SSDI benefits will typically be paid to you on a monthly basis. Special circumstances, such as when you are already receiving government disability benefits, may affect the total amount of SSDI benefits you are entitled to.
Let Our Firm Assist You
Calculating your SSDI benefits is a fairly complex process; it’s a good idea to speak to a knowledgeable Oklahoma Social Security disability lawyer who can help you understand the benefits you can receive. At Todd Law, we have the experience, skill, and resources to help you navigate the entire SSDI process from start to finish. Whether you are unsure if you are eligible for SSDI, need help applying, or have had your claim denied, our firm is here to help. We proudly provide compassionate, personalized legal services and tireless advocacy for our clients.
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