There is some good news if you are on disability benefits in 2024. The Social Security Administration has confirmed a few changes for those on SSDI and SSI. Both payments offer the possibility to apply if you have a qualifying condition.
First and foremost, let us have a look at the Social Security Disability Thresholds. These are the limits you must meet if you work and get disability benefits at the same time. This maximum level is known as Substantial Gainful Activity.
| Important links |
|---|
| Food Stamps |
| PAYMENTS |
| stimulus checks |
| SSDI |
If you exceed this SGA threshold, your benefits will be reduced. Remember that if you are on disability benefits and you work, you must report it to Social Security. Sometimes, it can affect your monthly payments.
DISABILITY BENEFITS & THRESHOLDS
The amounts of the new Social Security Disability Thresholds are higher. If you are not blind, it will be less than $1,150 per month, up from $1,470. Blind people can have higher thresholds. For example, it will soon be $2,590 in 2024, up from $2,460.
The Trial Work Period maximum amount is $1,110 per month. It is currently $1,050 in 2023, so there is a 60-dollar difference between the current and the future amount. Getting more money will definitely make a difference.
SSDI payments will also be higher after the COLA increase in 2024. Remember that the new maximum amount for Americans on disability benefits will be $3,822, up from $3,627. Average payments are just $1,489 in 2023 or $1,537 in 2024.
This means that on average disability benefits will go up by $48. Just two dollars below all Social Security beneficiaries. Some SSDI recipients can collect SSI. It is Supplemental Security Income and benefits will also grow by 3.2%.
SSI AMOUNTS IN 2024
People with a disability can also receive Supplemental Security Income if they have a low income. Even if you collect SSDI you can apply for these disability benefits. The best thing about SSI is that it also allows you to qualify for other benefits like SNAP (Food Stamps).
The new maximum amount for Supplemental Security Income is $943, so it has increased by 29 dollars. The last SSI payment was up to $914 on December 1. Actually, the January payment for SSI will arrive on December 29.
It will bring the new COLA boost and married couples can get up to $1,415. The current amount is up to $1,371. Getting 44 dollars extra will soon be possible if you are eligible for the largest SSI check in 2024.
Do not delay your SSI or SSDI disability benefits application. It may take longer than expected to get a decision from Social Security. That is why it is of vital importance to file as soon as you can prove your disability with a medical certificate.