Each year the Social Security Administration (SSA) used to send out statements to each taxpayer. These statements would indicate what earnings had been reported to the SSA, whether the taxpayer had contributed enough to qualify for benefits, and what the monthly benefit would be for both disability and retirement benefits. As a cost saving measure in March 2011, SSA stopped sending out those statements to anyone under the age of 60. This was frustrating for younger individuals who were deciding whether to apply for Social Security Disability as they had no idea what their monthly disability benefit would be.The good news is that as of May 2012, the statements are once again available – but now in an online version. Visit the “my statement” page on the Social Security website, create a user ID, and you will know precisely the amount of your monthly disability benefits if you are found to be disabled.
By David Galinis