The Social Security Administration (SSA) provides disability beneficiaries a number of tools to help them take charge of their benefits, including the Social Security Disability Calculator. This detailed calculator can be used not just to determine past benefits you received but also to estimate the benefits that you may be eligible for in the future. This calculator is available in two versions. One works on IBM PCs and is compatible running on Windows 7, 8 or 10. The other version runs on older versions of the Mac operating system.
You can use the calculator to determine benefits for any claim dating back to 1940 when the first Social Security benefit was paid out. It can also be used to estimate future benefits until the year 2095. Also, the 2018.2 version takes into consideration all legal amendments made by Social Security law, as well as automatic adjustments right through 2017.
There is no doubt that gaining a fairly accurate idea of your estimated benefits in the future is a critical tool for disability beneficiaries who want to understand what their financial situation may look like in the future. However, the SSA warns that although this calculator is designed to be as accurate as possible, this calculator can only provide you an estimate of how much you will receive in benefits. Therefore, the calculator results may differ from one’s actual disability benefits earned.
If you have questions about applying for disability benefits or appealing an unfavorable decision, please contact this law firm.