Disabled Americans can receive both SSI and SSDI. Check out the full story to know how to get the benefit up to $861
The cost-of-living adjustment (COLA) boosted SSI and SSDI this year to 5.9%.
Even though the names are different, The SSA is the only one that will manage both programmes.
If you are planning to apply for one of these benefits, it is important that you understand the key differences between SSI and SSDI.
A survey of Disability Secrets found that only 42% of its users who went for SSI or SSDI actually collected the benefits.
In this story, We'll compare SSI and SSDI and how much you can get if you qualify.
SSI vs. SSDI
DIFFERENCES
While the main aim of these two programs is to provide aid for those with disabilities...
But, the eligibility conditions are different for SSI and SSDI programs.
Individuals can hold $2,000 in assets, while couples can have $3,000, if you are seeking to apply for SSI.
For SSDI, the monthly earnings cap is $1,350, but for blind claimants they can have up to $2,260.
If you meet SSI and SSDI requirements, you can get both.
If you qualify for both schemes, there is a possibility that you can get up to $861 per month as per the SSA.
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