Title: How Much Can You Make on Social Security Disability in 2023?
Social Security Disability Insurance (SSDI) is a vital lifeline for individuals who are unable to work due to a disability. It provides financial support to help cover living expenses, medical bills, and other necessities. However, many people wonder how much they can earn while receiving SSDI benefits. In this article, we will explore the income limits and guidelines for Social Security Disability in 2023, along with answering some frequently asked questions.
Social Security Disability Income Limits for 2023:
The Social Security Administration (SSA) has established certain income limits to ensure that individuals receiving SSDI benefits are genuinely disabled and unable to engage in substantial gainful activity (SGA). In 2023, the monthly SGA limit is set at $1,310 for non-blind individuals and $2,190 for the blind. Earning above these limits may result in a reduction or termination of benefits.
Substantial Gainful Activity (SGA):
SGA refers to any work that provides a significant income. In 2023, if you earn more than the monthly SGA limit, the SSA may consider you to be engaging in substantial gainful activity, and it could impact your eligibility for SSDI benefits.
Trial Work Period (TWP):
The SSA offers a Trial Work Period (TWP) to encourage individuals with disabilities to attempt to return to work. During this period, beneficiaries can earn more than the SGA limit without affecting their benefits. In 2023, any month in which you earn more than $960 will count toward your nine-month trial work period.
Frequently Asked Questions (FAQs):
1. Can I work and receive Social Security Disability benefits?
Yes, but there are income limits. If you earn more than the SGA limit, your benefits may be reduced or terminated.
2. What is the SGA limit for 2023?
The SGA limit is $1,310 per month for non-blind individuals and $2,190 per month for the blind.
3. How does the Trial Work Period (TWP) work?
During the TWP, beneficiaries can earn more than the SGA limit without losing their benefits. In 2023, any month with earnings over $960 counts towards the nine-month trial period.
4. Can I still receive benefits after the Trial Work Period ends?
Yes, if you continue to have a disabling impairment, you may still be eligible for benefits after the TWP ends.
5. What happens if I exceed the SGA limit during the Trial Work Period?
If your earnings exceed the SGA limit during the TWP, your benefits may be affected.
6. Are there any income limits for Supplemental Security Income (SSI)?
Yes, SSI has separate income limits and resource thresholds that determine eligibility.
7. Can I receive SSDI and work part-time?
Yes, as long as your earnings do not exceed the SGA limit.
8. Are there any deductions for work-related expenses?
Yes, certain expenses related to your disability or work may be deducted from your earnings when determining eligibility.
9. Can I receive SSDI benefits if I am self-employed?
Yes, self-employed individuals are subject to the same income limits and guidelines as employees.
10. Will working affect my Medicare coverage?
No, SSDI beneficiaries are eligible for Medicare coverage regardless of their work status.
11. Can I receive SSDI benefits if I am receiving workers’ compensation?
Yes, but the total combined benefits from SSDI and workers’ compensation cannot exceed 80% of your average earnings before becoming disabled.
12. Can I work while waiting for my SSDI application to be approved?
Yes, you can work during the application process, but it is important to meet the eligibility requirements and report your earnings to the SSA.
Understanding the income limits and guidelines for Social Security Disability in 2023 is crucial for individuals receiving SSDI benefits. While the program aims to support disabled individuals, it also encourages attempts to return to work through initiatives like the Trial Work Period. By staying informed about the rules and regulations, beneficiaries can make informed decisions about their employment and financial stability.