The Social Security Administration operates two disability benefits programs. Having the initials of these plans only a letter apart virtually guarantees confusion among
those who may not be aware that they are two different disability programs. Yet that one letter is extremely important since there is actually a big difference between the two disability benefit packages. When you apply for disability, you have to be aware of the difference between
Social Security Disability Insurance(SSDI) and
Supplemental Security Income(SSI).
Social Security Disability Insurance (SSDI) was created to allow workers who become disabled to receive their Social Security retirement benefits early. In order for you to apply for SSDI,
you need to have enough work credits based on taxable employment to be covered for Social Security purposes.
Since SSDI is based on FICA taxes you paid throughout your working career, it
entirely disregards how much money you have or do not have. Example: A Disabled veteran with a home valued $400,000, 3 new cars and an RV and $100.000 cash, can receive a the maximum of $2,346 on SSDI and
concurrently received over $3,300 in Veteran Disability compensation with no penalty
If you became disabled before you reach the age of 24, you need to have at least 6 work credits to qualify for SSDI and 12 credits if your age is between 24 and 31. If you are over 31, you need to have earned 20 work credits in the past 10 years before you became disabled to be eligible for SSDI.
To file for SSDI disability benefits, you must either be a blind or disabled worker, an adult who has been disabled since childhood, or otherwise eligible to apply according to Social Security’s rules. The amount of your
monthly disability benefits will be based on your Social Security income record.
Under Supplemental Security Income (SSI), benefits are awarded based on an individual’s
demonstrated financial need and is considered a form of welfare.
When you file an SSI disability claims, make sure you can show the case reviewer that you have very few financial resources or assets and a low income.
The SSI disability program has different eligibility requirements than Social Security Disability Insurance (SSDI). To be entitled to SSI benefits, you must be a U.S. citizen who meets the requirements set by the Social Security Administration (SSA). Also, to qualify for SSI benefits you need to present medical evidence that your disability will last for at least one year.
Your total countable income should also be below listed Supplemental Security Income levels. The SSI amount differs from state to state. You can not be absent out of the United States for more than a calendar month or 30 consecutive days. Hope that help
