* Price Excluded ** Volume Excluded - No Trading Fees *** Price/Volume Excluded - Outlier Detected
Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are both federal programs that provide cash payments to people who meet the federal definition of disabled.. But the similarities between the two programs end there. Here are the three main differences between them. SSI Is a Means-Tested Program, SSDI Is an Entitlement Program. Although both SSI and SSDI are administered by the Social Security Administration, the two programs have vastly different financial requirements.
How much your Social Security disability benefit will be is based on your covered earningsâthe wages that you paid Social Security taxes onâprior to becoming disabled. (Social Security Disability Insurance (SSDI) is the federal insurance program that provides benefits to qualified workers who can no longer work. To be eligible, you must be insured under the program and meet the Social Security Administration's (SSAâs) definition of disabled. SSI payments, on the other hand, aren't based on past earnings.)