What is the difference between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI)?
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are two types of disability benefits offered in Virginia. SSDI is a federal program funded through payroll taxes paid by employers and workers. It provides assistance to individuals who are no longer able to work due to a disability or injury. SSDI also provides support to eligible dependents of those who are qualified to receive SSDI benefits. Supplemental Security Income, or SSI, however, is a public assistance program administered by the federal government. SSI is designed to provide financial assistance to individuals who are over the age of 65, and/or blind and/or disabled, and have limited resources and income. This program provides recipients with a monthly entitlement to help them meet their needs. The main difference between SSDI and SSI is the source of funding. While SSDI is funded through payroll taxes, SSI is solely funded by the federal government. Additionally, SSDI is administered by the Social Security Administration, while SSI is administered by the Centers for Medicare and Medicaid Services. Furthermore, SSDI is only available to people who have earned a certain amount of credits through their work history, while SSI is open to anyone who meets the eligibility requirements.
Related FAQs
What is a Vocational Rehabilitation Plan?What kind of assistance is available for disabled veterans?
What is a living will?
Who is eligible for SSDI benefits?
Who should I name as the trustee of my Special Needs Trust?
How can I protect the assets of my disabled family member?
Is there a time limit for filing a disability claim?
What is the Social Security Blue Book?
What documentation should I have when appealing a decision?
Can I receive disability benefits if I have a pre-existing condition?
Related Blog Posts
Explaining the Basics of Disability Planning Law - July 31, 2023Preparing a Comprehensive Estate Plan with Disability Planning Law in Mind - August 7, 2023
Creating an Estate Plan to Provide Financial Security for Individuals with Disabilities - August 14, 2023
Important Considerations When Drafting a Disability Planning Document - August 21, 2023
The Advantages of Working with a Disability Planning Lawyer - August 28, 2023