Are there any differences between Supplemental Security Income (SSI) and Social Security Disability (SSD)?
Yes, while both programs provide benefits to the disabled, there are several distinct differences between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). First, the programs are not financed the same way. The Social Security Administration administers SSDI, through which benefits are paid via taxes already collected for each individual working. The amount of benefits for which you are eligible upon becoming disabled is determined by assessing the earning history of the individual insured (i.e. the parent, the spouse or the individual). The Social Security Administration also administers SSI, however, the benefits are derived from general tax revenues. Several factors including the federal base rate you may be able to claim due to your disability are taken into consideration.
Related Questions
- What are some similarities and differences between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI)?
- What is the difference between Social Security Disability Insurance (SSD) and Supplemental Security Income (SSI)?
- Are there any differences between Supplemental Security Income (SSI) and Social Security Disability (SSD)?
