What is the difference between Supplemental Security Income (SSI) and Social Security Disability Income (SSDI) ?
The main difference between Social Security disability Insurance (SSDI) and Supplemental Security Income (SSI)
Supplemental Security Income (SSI)
· It is for the blind adult who has limited income or resources.
· It is financed by general revenues.
· Its monthly payment is base on the needs.
· Beneficial are automatically eligible for Medicaid in most of the states.
Social Security disability Insurance (SSDI)
· It for those people who are blind and disable and have limited income.
· The is paid to blind and disabled workers
· To get the benefits the blind must have paid the security taxes
· After the approval the worker will get the Medicare coverage for two years.
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Disability Income is based on the amounts you paid into Social Security over the years through FICA taxes withheld from your paycheck. In order to receive disability income you have to have 40 quarters of coverage. Disability benefits are payable regardless of your assets and non-earned income. If you don’t have enough quarters of coverage you may only be eligible for SSI benefits, which is a monthly benefit available to disabled individuals who meet certain income and asset limitations. Those exact income and asset limitations are also available at Social Security’s website.
Related Questions
- How will my employment affect my Supplemental Security Income (SSI) or my Social Security Disability Insurance (SSDI) benefit?
- What is the difference between Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI)?
- What are Social Security Disability Income (SSDI) and Supplemental Security Income (SSI)?
