If you have been the victim of a disability and wish to apply for social security disability insurance, then there is a right way and a right time to do it. While you can always file the application yourself, it is suggested that you take the help of able legal professionals such as Ruth Kolb. This is because with the immense experience and knowledge, the legal professionals would ensure that you get your benefits as soon as possible.
Here are a few facts about SSDI that you need to know.
How much would I get?
How much you get as your disability insurance depends on how much money you used to make when you worked. The social security administration follows the following formula:
• If you made less than $749 a month, you would get 90% of your earnings as SSDI.
• If you made between $749 and $4517, you would get 32% of your earnings as SSDI.
• If you made more than $4517 a month, you would get 15% of your earnings as SSDI.
This formula puts a cap on the maximum amount of money you can get as insurance, and this is at around$2500. On an average, applicants to the SSDI get around $1132 per month. Ruth Kolb Law Office can help you get the maximum benefit.
What is Back-Payment?
It is the arrears that are paid to you starting from the point of your disability to the day your first disability insurance check was written. This doesn’t mean that if you apply ten years after your disability, you will get ten years’ worth of back payments. No, the cap on the duration it is valid for is one year. However, you need to be disabled for at least 5 months before you are allowed to apply for disability insurance, so that increases the amount of time a bit.
Ruth Kolb 