Many people in the United States rely on Social Security benefits to support themselves financially. These benefits can come from different programs, including Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). This guide will explain how these benefits work and how you can receive both at the same time.
Understanding Monthly Checks and Social Security Benefits
What Are Social Security Benefits?
Social Security is a federal program that provides financial support to retirees, disabled individuals, and others. The Social Security Administration (SSA) manages these benefits, which include:
- Social Security Retirement Benefits: These benefits are for retirees aged 62 or older with a sufficient work history. The amount you receive depends on your average pre-retirement paycheck, adjusted for inflation.
- Social Security Disability Insurance (SSDI): This program helps individuals with qualifying disabilities who cannot work full-time. To qualify, you need a documented disability and enough work credits.
What Is Supplemental Security Income (SSI)?
SSI is a federal program that provides monthly payments to low-income individuals who are blind, disabled, or aged 65 or older. It is a need-based program, meaning your income and resources must be below certain limits to qualify.
Receiving Both SSDI and SSI
How Can You Get Both SSDI and SSI?
If your work history is limited, your SSDI benefit might be lower than the federal benefit rate (FBR) for SSI. In such cases, SSI can supplement your income to meet the FBR. This means you can receive both SSDI and SSI if your SSDI benefits are not enough to reach the FBR.
Why Is SSI Important for SSDI Recipients?
Even with SSDI benefits, some individuals with severe disabilities have additional expenses. SSI can help cover these extra costs, providing more comprehensive financial support.
Eligibility for SSDI and SSI
What Are the Eligibility Criteria for SSDI?
To qualify for SSDI, you must:
- Have a medically proven disability expected to last at least one year or result in death.
- Have enough work credits earned before becoming disabled.
What Are the Eligibility Criteria for SSI?
To qualify for SSI, you must:
- Be 65 or older, blind, or disabled.
- Have little income and resources, as specified by the SSA.
How to Apply for Benefits
Steps to Apply for SSDI and SSI
- Online Application: Visit the SSA website and create an account if you don’t have one. Search for the program you want to apply for, complete the form, and attach the required documents.
- Phone Application: Call the SSA to schedule an appointment for your application.
- In-Person Application: Visit your local SSA office to apply in person.
How Are Benefits Paid?
SSDI and SSI benefits are usually deposited electronically onto a Direct Express Debit card or directly into your bank account. The payment date varies based on your birth date. Sometimes, you might receive two SSI payments in one month to ensure you have access to funds by the 1st if that date falls on a weekend or holiday.
Understanding how Social Security benefits, SSDI, and SSI work can help you plan your finances better. By meeting the eligibility criteria and applying correctly, you can ensure you receive the financial support you need. Whether you are a retiree, disabled individual, or someone with limited income, these programs are designed to help you maintain a stable financial foundation.
Can I receive both SSDI and SSI?
Yes, if your SSDI benefit is lower than the SSI federal benefit rate, SSI will supplement your income.
What is the federal benefit rate (FBR)?
The FBR is the maximum monthly benefit amount an individual or couple can receive through SSI.
How do I apply for SSDI and SSI benefits?
You can apply online, by phone, or in person at your local SSA office.
When will I receive my benefits?
Benefits are generally deposited electronically based on your birth date. You might receive two SSI payments in one month if the 1st falls on a weekend or holiday.
What are the eligibility criteria for SSI?
You must be 65 or older, blind, or disabled with limited income and resources.