Re: Difference in $$ Between SSDI and Social Security
SSDI benefit amt is in no way affected by LTD. It's solely based your earnings history.
LTD benefit amt is based on your exact policy definition of earnings. Every policy is different. (My LTD policy used prior year W2 earnings).
LTD doesn't take into account income at prior employers while SSDI takes into account your entire work and income history
LTD benefits are reduced by SSDI.
*If LTD is $3000 and SSDI is $1300 then LTD pays $1700 and SSDI pays $1300
*SS is fully aware some people have LTD and that SSDI is deducted from LTD.
SSDI and LTD, in whole or in combination, are not meant to provide anywhere close to 100% of your pre-disability earnings. For many people, if they got full SSDI and full LTD they'd be making more than when they were working.
When you reach SSNRA (full SS retirement age) your SSDI will become SS Retirement.
EVERY LTD policy is different. Some have benefits that end at SSNRA and some have old wording that the policy ends at 65. My SSNRA is 67, if my LTD ended at 65 I'd just have SSDI for the remaining 2 yr. Luckily my LTD ends when I reach SSNRA of 67.
Rt thumb fusion '13. R&L thumb arthroplasty '12 ; RT TKR & Bilat CTS' 11. Fusions: L5-S1('87), L4-S1('93), C5-C7('06), L3-S1('10), C4-C5('13). C5-C7 foraminotomy '08
Last edited by SpineAZ; 05-13-2011 at 07:06 PM.