New Social Security Check: Are You Eligible For January SSDI Payments of Up to $4,018?

New Social Security Check Are You Eligible For January SSDI Payments of Up to $4,018

WPBN: On January 3, 2024, SSDI beneficiaries will be required to make their first January payment. You must have begun receiving disability benefits prior to May 1997 or be receiving Supplemental Security Income concurrently in order to be eligible for a Social Security check on this day.

However, those who fulfill all of Social Security’s requirements will also be eligible for the maximum SSDI payout amount. To find out if you could get such a big amount or not, make sure you know them.

$4,018 SSDI payment – Eligibility

Only American workers who fulfill these conditions will receive such substantial benefits from the Social Security Administration (SSA). Those who get disability insurance must:

  • Have 35 years of job experience.
  • Been submitted at the appropriate age.
  • Have had SSA-covered positions
  • Have accumulated 35 years of contributions and benefits.

Many employees with disabilities are unable to choose when to file because of these limitations. They might be left with little choice but to apply for SSDI benefits once their condition manifests.

You can apply for SSDI if you have a disability that satisfies the stringent definition set forth by the SSA and you have been unable to work for more than a year. This will enable you to get compensation every month while you heal. Otherwise, they will instantly become retirement benefits.

Social Security Payments Arriving Soon: Are You Eligible For $4,873 Before Year-End?

What is the typical SSDI payment amount?

You might receive an average SSDI payment if you think you won’t be eligible for a $4,018 payout.
In actuality, as of October 2024, it is $1,542. Social Security Disability Insurance benefits will increase by approximately $38 following the 2025 COLA adjustment.

The new SSDI average payment will therefore be around $1,580. Naturally, your earnings must be less than normal if you had a very low salary or worked for only a few years. If so, you might also be eligible for SSI.

Eligible recipients of SSI may get an average check of $697 in 2024 or $714 in 2025 after COLA. Starting on December 31, 2024, those who are eligible for the highest SSI payment can get up to $967.

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With more than two years of expertise in news and analysis, Eileen Stewart is a seasoned reporter. Eileen is a respected voice in this field, well-known for her sharp reporting and insightful analysis. Her writing covers a wide range of subjects, from politics to culture and more.