One question that we often get involves the amount of benefits awarded. Social Security has a complicated formula, called your Primary Insurance Amount (PIA), which they use to determine the precise amount of your monthly check.

Some of you may be saying, “How does Social Security Disability affect me if I’m self-employed?” Self-employed people also pay Social Security and Medicare taxes on their income up to $137,700 in 2020.

The easiest way to think about your DLI is like this.   Imagine you own a car.  It is a great car, it runs well and you expect it to last for a long time.  Just in case, however, you choose to get an insurance policy for the car. 

SSD is for workers who were on their way to normal retirement when something went wrong. They were paying taxes into Social Security through their paychecks through something called FICA, which stands for the Federal Insurance Contribution Act.

Let’s begin with some basics. Social Security is a government program that provides monthly cash benefits and medical coverage to Americans. Most of the people who get these benefits are retirees. But another group of beneficiaries is made up of people who cannot work because of a disability.

From Social Security Disability and You – A Guide to Winning the Benefits You Deserve Despite the fact that it was now providing solid benefits to retirees, Social Security at this early stage did nothing for the disabled.

Nearly everybody who looks at the history of Social Security points to one period as the most important in making a program as we know it today. What was that dynamic era?

From Social Security Disability and You – A Guide to Winning the Benefits You Deserve By:  Charles E. Binder In January 1935, President Roosevelt received a report from his Council on Economic Security.  Their findings became the basis for the bill that FDR brought to Congress, which then became the Social Security Act. 

Nearly everybody who looks at the history of Social Security points to one period as the most important in making a program as we know it today. What was that dynamic era?