What Is The Difference Between Ssi And Ssdi

In addition in most states an ssi recipient will automatically qualify for medicaid.

Ssi benefits are awarded based on current income and owned assets and are not based on your actual work history. Since the acronyms for social security disability insurance and ssdi supplemental security income ssi are so similar many people confuse these two programs. Here are the three main differences between them. On the other hand social security disability insurance payments start from the sixth full month of disability.

The major difference is that ssi determination is based on age disability and limited income and resources whereas ssdi determination is based on disability and work credits. Ssi is not financed through social security but rather through general tax revenues. What is the difference between ssi and ssdi. The disability must be expected to last for at least 12 months or to end in death.

Ssdi requires a specific amount of work credits while ssi has set income limits and does not have any work credit requirements. Ssdi is funded through fica and social security taxes. They must have very limited income and assets. Ssi on the other hand serves as a safety net for those who do not qualify for ssdi and have limited means.

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To qualify for ssdi you will need to have enough work credits. Supplemental security income benefits payments start from the first full month after the date the claim was filed or if later. The main difference between ssdi and ssi is eligibility. The qualifications for ssdi and ssi also differ.

These criteria vary from year to year. What is the difference between ssi and ssdi the main difference is that the evaluation of ssi is based on age impairment and restricted income and assets while the determination of ssdi is based on impairment and job credits. Another major difference between ssi and ssdi is when benefit payments begin after you are approved. Ssi is a safety net program that pays benefits to people who are disabled usually based on the same definition used for ssdi.

Ssi is a means tested program ssdi is an entitlement program although both ssi and ssdi are administered by the social security administration the two programs have vastly different financial requirements. The financial policies are the main difference. The main difference between ssdi and ssi is the revenue source through which they are funded. Supplemental security insurance ssi benefits are awarded to those who fall within the low income criteria set by the social security administration.

Or 65 and older.