How to Calculate Disability Pay

The federally funded Social Security Disability program aids taxpayers who have paid into Social Security and have a medically disabling condition by providing disability insurance. Such insurance provides income in cases where working is impossible due to a medical disability. However, most people do not know how much income the disability benefits will come to, which becomes of vital importance if you become disabled.

Things You'll Need

  • Social Security statement
  • All federal tax return summaries (optional)
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Instructions

    • 1

      Go to Social Security Online's website for the online benefit calculator (see Resources).

    • 2

      Enter your birth date in the box "Date of birth."

    • 3

      Enter your planned retirement age under "Age at retirement."

    • 4

      Choose the option "Today's dollars" under "Today's dollars or future dollars."

    • 5

      Enter the amount you earned each year in the coordinating box under "Annual earnings." You can use the Social Security Statement or your tax return information.

    • 6

      Enter the amount you expect to earn in total for the present year under "Earnings in 2010" and the estimated earnings for future years under "Earnings in 2011 and later."

    • 7

      Click "Calculate Benefit" under the "Calculate" heading.

    • 8

      Review your estimates. Eligibility for retirement, disability and survivor insurance is revealed under "Benefit eligibility." Below that, "Benefit estimates" provides your current disability benefit estimate.

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