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How your earnings afect your Social Security benefits. During the trial work period, there are no limits on your earnings. During the 36-month extended period of eligibility, you usually can make no more than $1,550 ($2,590 if you are blind) a month in 2024 or your benefits will stop.
After your 9-month work trial, there's a 36-month period called an “extended period of eligibility” (EPE) where you can work and still get Disability. The EPE earnings limit in 2024 is $1,550 per month, or $2,590 if you get Disability due to blindness.
In 2024, the SGA amount is $1,550 for disabled applicants and $2,590 for blind applicants. In 2025, the SGA amount will be $1,620 for disabled applicants and $2,700 for blind applicants. (The SGA amount increases a bit each year due to federal regulations that use the national average wage index to set the income limit.)
During 2024, you plan to work and earn $24,920 ($2,600 above the $22,320 limit). We would withhold $1,300 of your Social Security benefits ($1 for every $2 you earn over the limit). To do this, we would withhold all benefit payments from January 2024 through March 2024.
The 2024 average Social Security benefit per month for an SSDI recipient who has a spouse and children is $2,757. Because benefit amounts depend on lifetime earnings, there's a large range in how much Social Security pays. For instance, let's look at age 55, the most common age disabilities start.
Can I work while receiving SSDI benefits? Yes, you can. However, earning over $1,050 could trigger a trial work period. In 2024, the amount goes to $1,110. The Trial Work Period allows you to work and still receive full benefits, provided you report your work and your condition hasn’t improved.
As of 2024, you may stop receiving SSDI benefits if you earn over $1,550 a month. But your eligibility to receive SSI while working will depend on which state you live in. Read the publication Working While Disabled: How We Can Help [PDF, 1MB] from the Social Security Administration.
The COLA was 3.2% in 2024. Nearly 68 million Social Security beneficiaries will see a 2.5% COLA beginning in January 2025. Increased payments to nearly 7.5 million people receiving SSI will begin on December 31, 2024. ... the maximum amount of earnings subject to the Social Security tax (taxable maximum) is slated to increase to $176,100 from ...
There is no limit on how many hours you can work on SSI, rather a limit on how much you can make in a month. For an individual in 2024, you need to be making less than $943 of countable income per month and have less than $2,000 in assets to qualify. For a couple, the limit is $3,000.
Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2022 through the third quarter of 2023, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 3.2 percent COLA for 2024.