What are the major differences between Social Security Disability and SSI for adults?
– Social Security Disability is like insurance that you have paid for by working. For most workers, in order to obtain Social Security Disability benefits, you must be disabled and you must have worked twenty (20) out of the last forty (40) years to meet insured status. Even if you think that you have not worked enough to qualify, we strongly encourage you to go ahead and apply anyways. You can be awarded Social Security Disability benefits no matter how many assets you own or the level of your income from non-working sources. – SSI is not funded by your previous work history. Instead, it is paid for by all the taxpayers. To obtain SSI benefits, you must be disabled and you must be in pretty severe financial circumstances. You can’t own much property or have a lot of income.
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- What are the major differences between Social Security Disability and SSI for adults?