Ask Larry

Will My Benefit Amount Ever Increase?

i am currently on both ssi and disability.....i get 770 a month......will this ever increase?

Hi,

Except for Social Security's cost of living increases (COLA), probably not. The formula for computing Social Security disability (SSDI) benefits is essentially just a modified version of the formula used to calculate regular Social Security retirement benefits. That results in SSDI beneficiaries being paid at what is essentially their full retirement age (FRA) benefit rate regardless of their age. And, if a person remains on SSDI until they reach their FRA, their SSDI benefit converts to a regular Social Security retirement benefit at the same rate. So, if you remain on SSDI until you reach your FRA and you don't have any earnings in the future, your benefit rate is unlikely to change other than for COLAs.

Supplemental Security Income (SSI) is a needs based benefit designed to supplement a person's other income up to the amount specified by law. $770 is the current federal maximum that a person entitled to SSI can be paid monthly in combined SSI and Social Security benefits in 2019. Therefore, your SSI payments are also unlikely to increase except due to future COLAs.

Probably the only way that you might receive more monthly from Social Security would be if you qualify for a higher benefit based on the work record of a spouse, ex-spouse or deceased spouse (https://www.ssa.gov/planners/retire/applying6.html). You don't mention your age or marital history, so I have no idea whether or not that's possible in your case.

Best, Jerry

Posted: 
May 21 2019 - 2:45pm
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