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Can you collect SSDI and long-term disability?

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Frequently asked questions about disability insurance

Get answers to your disability insurance questions and get a free quote today!

Get a quote now!

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Have you recently been diagnosed with a medical condition or mental health disability that affects your ability to work? You may qualify for a monthly disability benefit to help provide financial stability while you recover.

Disability programs offered by federal governments and private insurers are an important safety net for anyone suffering from a medical condition or mental health disability that prevents them from working.

The main point of the article

To be eligible for federal disability benefits and private insurance policies You must meet certain criteria. For example, Social Security Disability (SSDI) has requirements for work history and medical conditions. Individual insurance policies have their own eligibility rules as well.

However, as long as you meet the requirements for both types of benefits. You may be able to enjoy the benefits at the same time.

What is social disability insurance?

The Social Security Administration (SSA) provides an insurance program known as SSDI or Social Security Disability Insurance to qualify for these benefits. A person must meet two requirements:

  1. Must be considered a handicapped person within the definition of this term by the SSA.
  2. and receive the required number of work credits for being employed during a lifetime. This is necessary for them to claim this support when they are unable to work for more than 12 consecutive months due to disability.

if approved Your Social Security Disability Insurance (SSDI) payment is calculated based on your average earnings for the period before you received disability. It doesn’t reflect how severe your condition is. Once it has been confirmed that you are eligible for such benefits You may receive a lump sum to cover all of your back benefits due to when your disability begins.

How to calculate your benefits for 2023:

To calculate your social disability insurance amount Social Security looks at an applicant’s median income over the past 35 years. They will take note of any year. The agency then uses your AIME-calculated percentage (called the turning point) to determine your primary insurance amount. you

As of January 1, 2023, the turning points for candidates are as follows:

  • 90% of your first $1,115 of AIME
  • Plus 32% of your AIME from $1,115 to $6,721
  • Plus 15% of your AIME over $6,721

Click here for more information on how your benefits are calculated.

How does long-term disability insurance work?

Long-term disability insurance policies allow policyholders to receive a portion of their salary back if they become disabled due to injury or illness. This benefit usually ranges from 50-60% of your median pre-disability earnings. Depending on the coverage of disability insurance

Generally, most benefits are paid until the policyholder returns to work or the length of time specified in the contract.

A disqualification period (waiting period) must be passed before any benefits can be paid. The elimination period you choose should depend on how long you can afford living expenses while not earning.

This is because the cancellation period will affect the cost of your insurance. You should therefore be sure about the waiting period you choose.

How much does long-term disability insurance cost?

For those who are unable to work due to disability Purchasing a disability insurance policy can be of great benefit. This type of coverage is typically paid as a percentage of your salary. Usually in the range of 50-60%, the benefit is awarded until the time when you can return to work or the year period specified in the policy.

When it comes to long-term disability policies Benefits typically extend until age 65, on average. This type of coverage can cost more than $2,000 per year, however, the amount can vary depending on several factors such as salary. In general, you can expect to pay between 1 and 3 percent of your income for premium

Insurance companies use the following criteria to determine the cost of your insurance:

  • your average income
  • your gender
  • your health status
  • your age
  • nicotine use
  • your career

Can I accumulate both long-term disability insurance benefits and SSDI?

Social disability (SSD) and long-term disability (LTD) benefits can be received simultaneously, but the SSD offsets and reduces the benefits of a LTD dependent benefit. Adding a COLA or earnings credit can complicate the offset calculation. climb

Since the LTD process is much faster than the SSD process, the compensation of LTD benefits is calculated both retrospectively and prospectively. Most LTD claimants receive their LTD judgment within a few short months. While SSD claimants often have to wait more than a year.

After taking advantage of LTD’s for several months. You may be able to benefit from a chunky SSD backwards. Monthly compensation will also be applied in the future. If your LTD insurance company calls for The policy’s “reimbursement provisions” require you to “reimburse” the insurance company for any SSD benefits paid during the same eligibility period.

in conclusion

If you’re worried about the government SSDI charge and long-term disability insurance benefits at the same time, don’t worry. Please contact a specialist at at 866-868-0099 or by contacting us through our website at your convenience.


The SSDI program is administered by the SSA. Taxes taken from your paycheck support this program.

How long your disability insurance benefits last depends on the details of your policy. This is different from short-term disability coverage. Long-term disability policies are designed to replace your income from two years to retirement. or until you can return to work

The quick answer is as much as you can afford. Generally, most applicants buy enough coverage to replace most of their income if they become disabled.

Definitely. Many employers offer short-term disability insurance. But only a few offer long-term coverage that is critical to protecting your income.

Frequently asked questions about disability insurance

Get answers to your disability insurance questions and get a free quote today!

Get a quote now!

Post You can collect SSDI and long-term disability. first appeared on

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