The Social Security Administration (SSA) is known to provide benefits and assistance to people who are in need. It is known for two Social Security programs that do just that. The first one is the Social Security Disability Insurance (SSDI). It provides monthly assistance to persons with disability who are unable to do substantial work. Another program that also provides benefits but is much different from the SSDI is the Supplemental Security Income (SSI).
Not only does the SSI program known to grant monetary assistance to persons with disability. The program also provide the blind and the elderly who are aged 65 and above. Many people are misguided with the two programs being alike in terms of guidelines, aside from the fact that the acronyms are closely the same. Nevertheless, what makes the SSI program different from the SSDI? Here are some of the comparisons of the two:
The Differences
· The SSI program provides benefits that are not based on the beneficiaries' previous work or a family member's previous job. The SSDI does the opposite, it is based on the work credits the beneficiary earned while working.
· The SSI program is financed by the US Federal funds. The funds come from the taxes from personal income and corporate settings. The SSDI, on the other hand, is funded by the Social Security tax contributions of workers under the FICA and the SECA.
· While the SSDI provides medical assistance through Medicare, the SSI also grants medical assistance but through Medicaid. The SSI program also provides food assistance through food stamps, except in the State of California.
· The beneficiaries receive their first SSI benefits at the earliest day of the month. The SSDI beneficiary, however, will get his or her first monthly payment five months after being deemed disabled by the SSA.
· In order for the SSA to approve a beneficiary's SSI claim, he or she must have "limited" income and resources. In order for the SSA to approve a SSDI claim, that person must have enough work credits and had long-term disability that should last long for at least 12 months.
The Similarities:
· Both the SSI and the SSDI programs pay monthly benefits.
· The medical standards for disability are the same for both programs for applicants age 18 and older. However, the medical standards are not the same for both programs if the applicants are children aged 0 to 18 years old.
Ashley is an online writer. She spends so much time in internet surfing and reading about legal/law matters. She is an advocate of rights and dedicated on writing social security disability and long term disability lawyer articles to date.
ليست هناك تعليقات:
إرسال تعليق