Ask Larry

What Do I Need To Do If I Receive Disability And I'm About To Reach Age 66?

Been on disability since 2010 im gonna be 66 what do i do i get 1783.00 a month

Hi. If you're collecting Social Security disability (SSDI) benefits then you don't need to do anything to continue getting the amount that you currently collect. SSDI benefits automatically convert to regular Social Security retirement benefits at the same rate when the recipient reaches their full retirement age (FRA).

Assuming that you are collecting SSDI benefits, there are only 3 possible ways that you could increase your benefit. One would be by voluntarily suspending your benefits when you reach FRA. Your benefit rate would then increase by 2/3rds of 1% for each month that you don't collect benefits between FRA and age 70 (https://www.ssa.gov/benefits/retirement/planner/suspend.html).

The second way that you could increase your SSDI/retirement benefit is by working and paying Social Security taxes. If you became disabled at age 55 then your SSDI benefit rate is based on roughly your highest 28 years of Social Security covered wage-indexed earnings. The only way that your earnings would increase your benefit rate is if you earn more in a future year than you did in one of the years currently being used to calculate your benefit rate.

The last way that you might be able to get a higher benefit amount is if you qualify for a higher benefit rate on someone else's Social Security record. For example, a survivor benefit on a former spouse's account.

Best, Jerry

Posted: 
Sep 11 2021 - 8:03am
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