What is the difference between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI)?

In Colorado, Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are two forms of disability planning law. SSDI is funded by payroll taxes that are taken from current workers, while SSI is funded by general tax revenues. SSDI is available to those who have paid into the Social Security system for a certain period of time and who have an illness or injury that prevents them from working. People with a disability that has lasted for at least 12 months, or is expected to last for at least 12 months, and those who are blind may qualify for SSDI. SSI, on the other hand, is available to low-income people who are disabled, blind, or aged 65 or older and who have limited income and resources. SSI benefits are based on financial need, regardless of whether or not the person has previously paid into the Social Security system. SSI provides monthly payments to help with living expenses and is designed to help disabled people live independently. Overall, the differences between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are that SSDI is funded by payroll taxes and available to people who have a disability that has lasted for at least 12 months and who have paid into the Social Security system and SSI is funded by general tax revenues and available to low-income people who are disabled, blind, or aged 65 or older and who have limited income and resources.

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What is the difference between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI)?

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