Are there any differences between Social Security Disability Insurance (SSDI) and Social Security Retirement?

Social Security Disability Insurance (SSDI) and Social Security Retirement are two different programs in Tennessee. SSDI is a monthly payment made to individuals who are unable to work due to a disability. This payment is available to individuals who have worked and paid Social Security taxes for a certain number of years. On the other hand, Social Security Retirement is a retirement program that provides monthly payments to individuals who have worked and paid Social Security taxes for a certain number of years. The main difference between SSDI and Social Security Retirement is the age at which benefits can be received. To be eligible for SSDI benefits, the applicant must be 18 years of age or over and be unable to work due to a disability. To be eligible for Social Security Retirement benefits, the applicant must be at least 62 years of age. In terms of financial assistance, the amount an individual may receive from SSDI is based on the amount they made while they were employed. Social Security Retirement, in contrast, pays out a set amount determined by an individual’s earnings and how long they have paid into the Social Security system. Moreover, for Social Security Retirement, an applicant must have reached their full retirement age—which is currently 66 years in Tennessee—while SSDI does not have a retirement age. Overall, SSDI and Social Security Retirement are two different programs that provide financial assistance. The main difference between the programs is the age at which benefits can be received, as well as the amount of money an individual can receive.

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