Social Security Disability – What You Need To Know

Disability is something that not all of us would want to entertain. Unfortunately, it is a fact that we cannot get away with. In the performance of our jobs, we can get involved in accidents which can lead to disability. When this happens, we could end up temporarily or permanently unable to work. Consequently, it could result to loss of income and eventually livelihood. But you do not have to feel miserable and sorry. There is a way to get your income back and this is through social security disability insurance. The Social Security Administration says there were a little over 8.9 million Americans on Social Security Disability in 2015.

Social security disability can provide a crucial source of financial support and assistance. The benefits they can get is enough to support themselves and their families. It is therefore important to have an understanding of the process so that you will know your rights and avail of them in case you get disabled.

Social security disability insurance dates back to the mid 1930’s with the enactment of the Social Security Act of 1935. This law called for a system of retirement benefits for older persons and their survivors. In the 1950’s, Congress passed legislation establishing a program for assisting low income disabled workers. In its first 20 years, it has seen a dramatic increase in both the number of applicants and the number of approved benefits. The 1970’s was marked by high unemployment rates which made it difficult for disabled people to find a job.

For almost 60 years, SSDI has helped an increasing number of workers and their families replace lost income. Several factors have contributed to the increase, the primary factors are :

  • The baby boomers reached their most disability-prone years between 1990 and 2011
  • More women have joined the workforce in the last few decades and they have put in a lot of work to become eligible for disability benefits.

Figures from the Social Security Administration revealed that disability benefits were paid to just 10.2 million people in 2013. 87.4% of disabled beneficiaries came from the workers. Male beneficiaries accounted for only 52 percent. A third of the beneficiaries were diagnosed with mental disorders. As of March 2013, the average monthly benefit for a disabled employee amounted to $1,129 with the men getting $1,255 monthly and the women $993 a month. A total of 1.9 billion children of disabled workers and 160,000 spouses of disabled workers received supplemental benefits from Social Security.

You should file for disability benefits as soon as disability kicks in. The benefits will not kick in after six months of disability. The waiting period starts a month after the agency decides on when the disability began.