Ask Larry

If I Return To Work Will The Money I Pay Into SS Increase My Benefit Amount?

I'm collecting SSD benefits right now and I am thinking of going back to work will the money I pay in to SS in payroll increase my benefit amount over the years of working

Hi,

It's possible that returning to work and paying into Social Security could increase your benefit rate, but only if your new yearly earnings are higher than the amount of your earnings in one or more of the years currently being used to calculate your benefit rate.

Social Security disability (SSDI) benefits are based on an average of a variable number of the disabled person's highest wage-indexed earnings years. The number of years used depends on the person's age when they become disabled, and basically the older that a person is when they first qualify for SSDI the more years used. For example, the benefit rate of people who qualify for SSDI in the year they reach age 24 or sooner is based on a 2 year earnings average, whereas a 35 year average is used for people who first qualify for SSDI in the year they reach age 62 or later.

Best, Jerry

Posted: 
May 31 2020 - 5:28pm
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