Social Security Disability by the NumbersBy Kenton Koszdin Law Office on June 10, 2013 | In Social Security Disability
Social Security Disability Insurance (SSD) is administered by the Social Security Administration (SSA) in order to provide income for people whose disabilities prevent them from working. Currently, about 12 million U.S. residents receive SSD benefits, including 8.8 million working adults and several million children.
About one in six working-age U.S. residents, or about 29.5 million people, have a disability of some kind, and the SSA estimates that one in every three U.S. workers will suffer a disability before reaching retirement age.
The average monthly benefit for disabled individuals on SSD was about $1,129 per month in 2013, according to the SSA. However, the benefits for each person are based on that person’s work record or, in the case of some disabled spouses or children, on a spouse’s or parent’s work record. The SSD program is funded by payroll taxes, with workers paying 0.9 percent of their wages and employers contributing an additional 0.9 percent.
About 71 percent of disabled individuals receive half or more of their total income from SSD benefits. Nearly half of SSD beneficiaries receive no income at all apart from their SSD and/or Supplemental Security Income (SSI) benefits. Persons who receive disability benefits for two years are eligible for Medicare benefits after that time, but part of the Medicare premium is paid from SSD benefits.
If you’re considering filing for disability or you need help with an already-filed application, please don’t hesitate to call the experienced southern California Social Security disability benefits attorneys at the Kenton Koszdin Law Office. Your initial consultation is free and confidential.