The Social Security Administration has two programs created to financially aid and assist disabled workers, the Social Security Disability Insurance program and the Supplemental Security Income program. The Social Security Disability Insurance program is more popular, with nearly 9 million people currently enrolled, and is available to all United States citizens and qualified workers who have paid into the program. Employers and workers contribute 6.2 percent of their wages to Social Security. From that collection, 0.9 percent goes to the Social Security Disability Insurance program, or SSDI, and 5.3 percent goes to the old age and survivors’ benefit fund, or OASI, which is the general fund that also covers Supplemental Security Income.
Supplemental Security Income, or SSI, is a program geared to help disabled workers and disabled children who meet certain minimum income thresholds. Participants in the SSI program may not have earned or worked enough to qualify for SSDI benefits. This includes low-income families, those who are 65 years old or order and children, and children who are disabled or blind. Most applicants eligible for SSI benefits are also eligible for Medicaid.
In order to qualify, applicants must have less than $2,000 in cash and bank accounts. The amount is $3,000 for married couples. The value of one’s home is not taken into consideration when figuring that total, however automobiles over $4,500 in value are considered part of an individual’s resources.
If you meet the minimum income requirements and would like to inquire about the Supplemental Security Income benefits program, you may wish to visit the Social Security Administration’s website or speak to law professionals familiar with the program.
Source: findlaw.com, “What is the Difference Between SSDI and SSI?” Accessed Oct. 13, 2015