Difference Between Social Security Disability Insurance and SSI

Difference Between Social Security Disability Insurance and SSI

what is the difference between social security disability insurance and ssi
Find out more about SSI vs SSDI

When it comes to disability benefits, there are two different types of federal programs. Both federal programs provide cash payments to people who meet the federal definition of “disabled.”

  1. Social Security Disability Insurance (SSDI)
  2. Supplemental Security Income (SSI)

If you are planning on applying for disability then it’s important that you understand and know the difference between SSDI vs SSI.

What is Supplemental Security Income?

SSI is a means-tested program. Stated differently, it’s a federal program that qualifies applicants based on their financial need, not off their work history. SSI generally helps individuals who are elderly, blind, or disabled. SSI can be for people who have a difficult time paying for food and shelter. You must meet the following requirements to qualify for SSI:

  • Must make less than $2,000 in assets as an individual
  • Must have less than $3,000 in assets as a couple
  • Limited income
  • Must meet the disability definition. (However, individuals over the age of 65 may qualify even if they do not meet the disability definition.)

If you do qualify for SSI benefits, then you will qualify for Medicaid benefits. Medicaid, which is a state and federal healthcare program, provides comprehensive coverage. Many people often apply for SSI because of the health care.

SSI benefits are typically lower than SSDI benefits. The average SSI payment as of 2017 is $735 a month for an individual and $1,103 a month for a couple; both of whom must be eligible for the SSI program. Any additional income you receive will reduce your SSI benefits.

What is Social Security Disability Insurance?

SSDI is an entitlement program. The program does not take into account the income or assets of an individual. This means you can apply for SSDI even if you’re earning a high income.

SSDI benefits are based on the earning records of an individual, payments can end up being very high in some cases. Most recipients receive SSDI payments between $700 and $1700 a month.

One of the key benefits of the SSDI program is that individuals who will be eligible for Medicare two years after they’ve been receiving benefits. This is beneficial since the medical costs that come from suffering from disabilities can be incredibly substantial. Medicare can help to cover those costs. Following requirements to qualify for SSDI benefits:

  • Unable to work or disabled
  • Job covered by Social Security
  • Younger than 65
  • You receive paid Social Security taxes on your income for at least a decade

When applying for Social Security Disability benefits, you should be screened for both SSDI disability and SSI. When you make a disability claim for SSI, one requirement by the Social Security Administration you may encounter is to provide financial records including bank statements, lease agreements, etc. This holiday season, if you have more questions about SSI or SSDI contact Social Security Disability Advocates USA today!

Have More Questions about Social Security?

We know that Social Security can be confusing to deal with, so contact Social Security Disability Advocates USA for help. We can be reached 24/7 at (602) 952-3200. Consultations are free, so don’t hesitate to contact us.

The information on this blog is for general information purposes only. Nothing herein should be taken as legal advice. This information is not intended to create, and receipt or viewing does not constitute, a representative-client relationship.

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