New York- How Much Does Disability Pay In NY?
If you live in New York and you are struggling with a disability, you may be interested in seeking disability benefits. It only makes sense – if you have a condition that has rendered you unable to work, you likely feel a considerable amount of financial stress. You may be facing a pile of mounting medical bills while wondering how you will continue to provide for yourself and those you love. If you find yourself in this situation you may be wondering how much you might receive in disability benefits if your claim were approved.
What Types Of Benefits Are Available?
To understand how much you might receive in disability benefits, it’s important to understand that the Social Security Administration provides two types of disability benefits. Those include:
- Social Security Disability Insurance (SSDI) Benefits: SSDI benefits are benefits that are paid to disabled individuals who are considered “insured” by the Social Security Administration. To be “insured” essentially means that you worked a qualifying job through which you paid a portion of your salary into the Social Security system for a sufficient amount of time. In order to receive SSDI benefits, you must be both insured and have a qualifying disabling condition that has rendered you unable to work.
- Supplemental Security Income (SSI) Benefits: SSI benefits are also benefits that are paid to disabled individuals who have a qualifying condition that has rendered them unable to work, but in contrast to SSDI benefits, these benefits are for individuals who were not otherwise “insured” and who make below a certain income level.
Depending on whether you receive SSDI or SSI benefits, you may receive different monthly amounts. There are other rules which apply that may affect which benefits (if any) you qualify for, including any other income or resources you may be receiving regularly. For this reason and many others, consulting with an attorney as to which benefits you may qualify for is essential.
Looking More Closely At The Calculations
To understand how disability benefits are calculated by the Social Security Administration, it is important to realize that certain factors do not typically affect the amount of benefits you receive. Generally, neither the type of disability you have nor the state you live in will affect the amount of benefits you are qualified to receive.
Ultimately, the Social Security Administration calculates disability payments based on your lifetime average earnings before the time you became disabled. The SSA looks at those earnings over a period of time and calculates your Average Indexed Monthly Earnings or AIME for short. After determining that figure, the Social Security Administration puts that number into a formula utilized to determine an applicant’s Primary Insurance Amount, or PIA. The PIA is the base amount used to determine benefits.
Typically, SSDI payments can range anywhere from an average of $800 to $1800 per month, although amounts may vary depending upon particular circumstances. The current maximum amount for SSDI payments is $3,345 per month. For SSI payments, by contrast, the maximum monthly amount a disabled individual can receive in 2023 is $914 for an eligible individual, and $1371 for an eligible individual with an eligible spouse.
A Few Additional Notes
If you are disabled and living in New York and you are considering the possibility of pursuing a claim for disability benefits, you will need to be able to establish the following:
- You have a condition that the Social Security Administration considers to be “disabling”.
- Your condition has rendered you unable to work for at least 12 consecutive months.
- You are either considered “insured” by the Social Security Administration because you worked a job for a sufficient number of years through which you paid into the Social Security system, or are not insured, and your income and resources are below a certain level, qualifying you for SSI.
- You do not earn any additional income in amounts great enough to disqualify you from receiving disability benefits from the Social Security Administration.
While these tips and guidelines are intended to be helpful, they are ultimately no substitute for the advice of a knowledgeable and experienced disability attorney who understands the law and can apply it to your particular circumstances. At London Disability, we’re here for you.
Call London Disability Today
At London Disability, we pride ourselves on our reputation for excellent representation of every client we serve. We are proud to be your advocates as you seek the disability benefits you need and deserve. We understand that the process of applying for benefits can often be stressful and confusing – but it doesn’t have to be. Instead of worrying, you can leave those complex legal matters in our hands, knowing that when you do, we’ll pursue the best strategies on your behalf. If you’re ready to get started, get in touch with us today. We look forward to hearing from you soon.