How are SSDI and SSI different? SSDI is only for the elderly will SSI is for the younger generation. SSDI is managed by the federal government and exercise managed by the states. SSDI is an insurance program paid out of the Social Security trust fund and exercise and needs based program. One of them is only for workers have an injured on the job.
SSDI (Social Security Disability Insurance) and SSI (Supplemental Security Income) are two distinct federal programs that provide assistance to individuals with disabilities. While there are some differences between the two, the statements you mentioned are not entirely accurate.
1. Eligibility: SSDI provides benefits to disabled individuals who have paid sufficient taxes into the Social Security system through their work history. It is not exclusively for the elderly but rather for those who have a significant work history and have become disabled. SSI, on the other hand, provides benefits to low-income individuals who are disabled, blind, or elderly, regardless of their work history.
2. Management: Both SSDI and SSI are overseen and managed by the Social Security Administration (SSA), which is a federal agency. Neither program is managed by the states.
3. Funding: SSDI is financed through the Social Security trust fund, which is primarily supported by payroll taxes. It is not an insurance program specifically for workplace injuries; it covers a broader range of disabilities. SSI, on the other hand, is a needs-based program funded by general tax revenues.
In summary, SSDI is for disabled individuals with a work history, while SSI is for low-income disabled individuals, regardless of work history. Both programs are administered by the federal government, and SSDI is funded through Social Security taxes, whereas SSI is funded by general tax revenues.