Many New Jersey residents depend on Social Security Disability Insurance (SSDI) for income after experiencing a disabling condition that prevents them from earning full-time gainful employment. If your physical or mentally disabling condition prevents you from working, you may receive SSDI payments. At age 66 or 67, the Social Security Administration (SSA) will convert social security disability benefits to retirement benefits known as Social Security.
Social Security Disability Insurance will also terminate if your condition improves enough for you to return to work or in cases of fraud. Medical advances and treatment help a lot of disabled patients gain dramatic improvements in their conditions. Following rehabilitation treatments and job training, many disabled workers can reenter the workforce or receive vocational training in new employment fields.
Social Security Disability Insurance
Social Security Disability Insurance remains the same except for cost-of-living adjustments (COLA) set by the Social Security Administration (SSA). If you return to work full-time or part-time, SSA will adjust your SSDI payments accordingly. You must notify the Social Security Administration if you return to work. If your condition returns or worsens after returning to work, your SSDI will be processed faster than your original disability application.
Your SSDI benefits equal your anticipated Social Security retirement benefit once you reach full retirement age. Your Average Indexed Monthly Earnings (AIME) determine how much SSDI you get each month. SSA has payment calculation tools on its website to help you figure out your possible monthly benefit amount.
Social Security Disability Insurance versus Social Security Retirement
Social Security Disability Insurance is not available for people who have reached full retirement age (FRA). Depending on your age, your social security benefit amount could be less than the total FRA amount. You won’t receive SSDI and SSA benefits combined; it will either be one or the other.