Social Security Disability Insurance vs. Supplemental Security Income: What Their Differences May Mean to You
SOCIAL SUPPLEMENTAL SECURITY DISABILITY INCOME SECURITY INSURANCE WHAT THEIR DIFFERENCES ΜΑΥ ΜEAΝ ΤΟ YοU ELIGIBILITY Must have previously paid Social Security taxes, Must live in the US, have US citizenship or natural status, be disabled, blind, receive inadequate income and have restricted resources. and be of retirement age, or disabled. MONTHLY PAYMENT Depends on Depends upon HOW MUCH the recipient has earned over his lifetime. THE NEED of the recipient and the state of residency's contribution to federal SSI benefit. MEDICAL BENEFIT After 2 years Upon approval of SSI benefits, the recipient may qualify for MEDICAID of SSDI benefits, the recipient automatically receives MEDICARE RECIPIENTS 65 years old and older 38,292,328 2,058,641 10 15 20 25 30 35 40 (in millions) Under 65 old years 17,112,152 6,054,132 15 20 (in millions) Recipients in New York SSDI benefits: 3,337,276 SSI benefits: 689,019 Total Recipients SSDI benefits: 55,404,480 SSI benefits: 8,112,773 BENEFITS you qualify for both SSDI and SSI benefits? YES Can $698 is the 2012 maximum monthly federal benefit for an individual. $785 is the 2012 maximum monthly benefit for New York residents with state supplemental payment. SOURCES: KEY: www.ssa-custhelp.ssa.gov/app/answers/detail/a_id/245/~/ difference-between-social-security-disability-and-ssi-disability www.socialsecurity.gov/pubs/10024.html#a0-2 www.socialsecurity.gov/ssi/text-benefits-ussi.htm www.ssa.gov/pubs/11146.html#a0=4 www.ssa.gov/policy/docs/quickfacts/stat_snapshot/ www.ssa.gov/policy/docs/statcomps/ssi_sc/2011/ny.html Social Security Disability Insurance (SSDI) Supplemental Security Income (SSI) The Law Team Of Jonathan D'Agostino & Associates, P.C. www.dagostinolawnyc.com SOCIAL SUPPLEMENTAL SECURITY DISABILITY INCOME SECURITY INSURANCE WHAT THEIR DIFFERENCES ΜΑΥ ΜEAΝ ΤΟ YοU ELIGIBILITY Must have previously paid Social Security taxes, Must live in the US, have US citizenship or natural status, be disabled, blind, receive inadequate income and have restricted resources. and be of retirement age, or disabled. MONTHLY PAYMENT Depends on Depends upon HOW MUCH the recipient has earned over his lifetime. THE NEED of the recipient and the state of residency's contribution to federal SSI benefit. MEDICAL BENEFIT After 2 years Upon approval of SSI benefits, the recipient may qualify for MEDICAID of SSDI benefits, the recipient automatically receives MEDICARE RECIPIENTS 65 years old and older 38,292,328 2,058,641 10 15 20 25 30 35 40 (in millions) Under 65 old years 17,112,152 6,054,132 15 20 (in millions) Recipients in New York SSDI benefits: 3,337,276 SSI benefits: 689,019 Total Recipients SSDI benefits: 55,404,480 SSI benefits: 8,112,773 BENEFITS you qualify for both SSDI and SSI benefits? YES Can $698 is the 2012 maximum monthly federal benefit for an individual. $785 is the 2012 maximum monthly benefit for New York residents with state supplemental payment. SOURCES: KEY: www.ssa-custhelp.ssa.gov/app/answers/detail/a_id/245/~/ difference-between-social-security-disability-and-ssi-disability www.socialsecurity.gov/pubs/10024.html#a0-2 www.socialsecurity.gov/ssi/text-benefits-ussi.htm www.ssa.gov/pubs/11146.html#a0=4 www.ssa.gov/policy/docs/quickfacts/stat_snapshot/ www.ssa.gov/policy/docs/statcomps/ssi_sc/2011/ny.html Social Security Disability Insurance (SSDI) Supplemental Security Income (SSI) The Law Team Of Jonathan D'Agostino & Associates, P.C. www.dagostinolawnyc.com SOCIAL SUPPLEMENTAL SECURITY DISABILITY INCOME SECURITY INSURANCE WHAT THEIR DIFFERENCES ΜΑΥ ΜEAΝ ΤΟ YοU ELIGIBILITY Must have previously paid Social Security taxes, Must live in the US, have US citizenship or natural status, be disabled, blind, receive inadequate income and have restricted resources. and be of retirement age, or disabled. MONTHLY PAYMENT Depends on Depends upon HOW MUCH the recipient has earned over his lifetime. THE NEED of the recipient and the state of residency's contribution to federal SSI benefit. MEDICAL BENEFIT After 2 years Upon approval of SSI benefits, the recipient may qualify for MEDICAID of SSDI benefits, the recipient automatically receives MEDICARE RECIPIENTS 65 years old and older 38,292,328 2,058,641 10 15 20 25 30 35 40 (in millions) Under 65 old years 17,112,152 6,054,132 15 20 (in millions) Recipients in New York SSDI benefits: 3,337,276 SSI benefits: 689,019 Total Recipients SSDI benefits: 55,404,480 SSI benefits: 8,112,773 BENEFITS you qualify for both SSDI and SSI benefits? YES Can $698 is the 2012 maximum monthly federal benefit for an individual. $785 is the 2012 maximum monthly benefit for New York residents with state supplemental payment. SOURCES: KEY: www.ssa-custhelp.ssa.gov/app/answers/detail/a_id/245/~/ difference-between-social-security-disability-and-ssi-disability www.socialsecurity.gov/pubs/10024.html#a0-2 www.socialsecurity.gov/ssi/text-benefits-ussi.htm www.ssa.gov/pubs/11146.html#a0=4 www.ssa.gov/policy/docs/quickfacts/stat_snapshot/ www.ssa.gov/policy/docs/statcomps/ssi_sc/2011/ny.html Social Security Disability Insurance (SSDI) Supplemental Security Income (SSI) The Law Team Of Jonathan D'Agostino & Associates, P.C. www.dagostinolawnyc.com
Social Security Disability Insurance vs. Supplemental Security Income: What Their Differences May Mean to You
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