Both SSI and SSDI disability programs offer cash benefits for disabled individuals, but the financial eligibility requirements are very different. The main difference between Social Security Disability (SSDI) and Supplemental Security Income (SSI) is the fact that SSDI is available to workers who have accumulated a sufficient number of work credits, while SSI disability benefits … Read more What Is the Difference Between Social Security Disability (SSDI) and SSI?
Some people have to pay federal income taxes on their Social Security benefits. This usually happens only if your total household income is high. At the end of the year, you will receive a Social Security Benefit Statement (Form SSA-1099) showing the amount of benefits you received. Use the statement to complete your federal income … Read more Are SSD Benefits Taxed?