Your Social Security Disability Payments will see a major change in 2022. In October 2021, the Social Security Administration announced a 5.9% cost-of-living-adjustment (C.O.L.A.).
This is the largest increase in Disability Benefits in almost 30 years. In fact, it is the largest increase since 1982 when the Administration increased benefits by 7.4%.
How Much are Typical Disability Payments Going to Change?
This increase will show up in beneficiaries’ January 2022 statements. SSD recipients will receive the raise with their typical January check. SSIA federal supplemental income program funded by general tax revenues (not Social Security taxes). It helps aged, blind, and disabled people who have limited income and resources by providing monthly cash payments to meet basic needs for food, clothing, and shelter. For more information, see Supplemental Security Income (SSI). More recipients receive payments on the first of the month.
Because January 1 is a holiday, they will technically receive their increased amount on December 30th.
The average disabled worker will see an increase in their take-home pay of about $75 per month. It went from about $1,282 in 2021 to $1,358 in 2022.
The average disabled family (disabled worker, spouseYou are the spouse of the worker if: - You and the worker were married at the time you filed for benefits. - You would have the status of a husband or a wife for that person’s personal property if they had no will. - You went through a marriage ceremony in good faith, which would have been valid except for a legal impediment." More, and children) will see their benefits go from $2,250 to $2,383. This reflects an increase of $133 a month.
The monthly maximum SSI payments for 2022 are $841 for an eligible individual, $1,261 for an eligible individual with an eligible spouse, and $421 for an essential person.
| Status | 2021 | 2022 |
|---|---|---|
| Individual on SSI (Max Amount) | $794/month | $841/month |
| Couple on SSI (Max Amount) | $1,191/month | $1,261/month |
| Average Disabled Worker, Spouse, Children | $2,250/month | $2,383/month |
| Average Disabled Worker | $1,282 | $1,358 |
What Will My New Disability Payment Be?
The most accurate way to calculate your new benefit is to take your current or old monthly payment and multiply it by 5.9%. Next, add that amount to your current or old monthly benefit to find out exactly how much your monthly raise is.
I would be remiss not to note that MedicareThe federal health insurance program for: People 65 years of age or older. Certain younger people with disabilities. People with permanent kidney failure with dialysis or a transplant, sometimes called ESRD (End-Stage Renal Disease). For more information, see Medicare Benefits and the Official U.S. Government Site for Medicare. More premiums are going to increase as well. The standard monthly premium for Medicare Part B enrollees will be $170.10 for 2022, an increase of $21.60 from $148.50 in 2021.
The increase of $21.60 will be taken directly from your Social Security Disability check. To find out your actual take home pay, you should deduct $21.60 from the figure you came up with in the prior paragraph. I direct all my clients with health care questions to Disability Planners.
2022 Social Security Disability (SSDI) Calculator
If you are not currently receiving disability benefits and would like to know exactly what your benefit would be, you should create a my Social Security account online. From there you can verify your earnings and determine that exact amount.
If you know the amount you have earned every year for your entire career, the Administration has created a calculator that gets really close to exact. If you would like a quick estimate of your benefit amount, please feel free to use our calculator.
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