social security disability insurance (ssdi) vs. ssi
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are both programs administered by the Social Security Administration (SSA) to provide financial assistance to individuals with disabilities. SSDI is a program that provides assistance to disabled individuals who have worked and paid Social Security taxes for a certain period. Eligibility is based on an individual's work history and contributions to the Social Security system. It offers monthly cash benefits and access to Medicare after a waiting period. SSI, on the other hand, is a need-based program that provides financial support to disabled individuals with limited income and resources, regardless of their work history. Eligibility for SSI is based on financial need and disability. It provides monthly cash benefits and Medicaid coverage in most states. In summary, SSDI is for disabled individuals who have worked and paid into Social Security, while SSI is for disabled individuals with limited income and resources.
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Similar Concepts
- applying for ssi benefits
- disability benefits
- disability benefits eligibility
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- social security
- social security administration
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- social security disability insurance (ssdi)
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