For individuals living with a disability, receiving financial benefits through applicable programs can make all the difference in maintaining a good quality of life. The Social Security Administration provides two primary programs—SSI (Supplemental Security Income) and SSDI (Social Security Disability Insurance). While both programs offer financial assistance to meet similar needs, they’re separate programs with varying qualifications. Here’s a closer look at each and how they differ.
Qualification for SSI is evaluated based on the individual’s income and assets. This program is for individuals with total assets of less than $2,000 (or less than $3,000 for couples). In addition to covering blind or disabled individuals, these benefits are also available to individuals over the age of 65.
On average, SSI beneficiaries receive a little over $567 per month, with married couples typically receiving more. However, individuals who qualify for SSI coverage will also be automatically qualified for Medicaid in most states, helping address health care costs. Those with SSI benefits can also apply for SSDI, if applicable.
While individuals must meet disability requirements to apply for SSDI, they must also have earned “work credits” by contributing to Social Security during their working life. This work history qualification is the primary difference between the two programs.
SSDI benefits average over $1,000 per month, and auxiliary benefits are also available for the beneficiary’s spouse and children. It’s typically easier to qualify for SSDI because there’s no income or asset requirement, but the program’s five-month waiting period means you’ll have to do without benefits for a while. SSDI beneficiaries automatically qualify for Medicare after being on SSDI for two years.
If you need help applying for SSI or other disability benefits, contact The Gil Law Firm. Serving Dothan, AL, and the surrounding tri-state area since 2000, attorney Rafael Gil III and his team bring passionate, experienced representation to help you protect your financial interests. To learn more about how this law firm can help you, visit them online. Call (334) 673-0100 to schedule a consultation with an attorney today.