Many tend to confuse the SSI benefits program withSocial Security Disability Insurance(SSDI). The Social Security Administration (SSA) does administer both programs. However, one of the maindifferences between the twois that SSDI does not use income to determine eligibility. SSDI is available to pe...
For those who have been receivingSSDIbenefits since before May 1997 or who also collectSupplemental Security Income(SSI), the payment schedule is a bit different. These beneficiaries receive theirSSDIpayments on the 3rd of each month andSSIpayments on the 1st. ...
A few years later, I was working as a Claims Representative in the SSA office on Milwaukee’s South Side, interviewing recipients of both Social Security and SSI. When I could, I had accompanied the Claims Representative in the office to a Contact Station where members of the public could ...
What You Should Know about Supplemental Security Income
With 68 million people receiving Social Security benefits, many are anticipating the official COLA increase announcement for 2025 by the Social Security Administration. Each year, the SSA announces an adjustment for how much it will pay beneficiaries due to inflation. This adjustment is based on a ...
The changes will apply to both the Social Security Disability Insurance (SSDI) program and the Supplemental Security Income (SSI) program. The former pays benefits to people who can't work because they have a medical condition that will last at least one year or which is expected to result ...
If your supplemental wages are $1 million or less, the withholding rate depends upon how your supplemental wages are paid. Potential additional withholding If you work as an employee, the amount of tax withheld from your paycheck is based upon the information you provided on Form W-4 and t...
With68 millionpeople receivingSocial Security benefits, many are anticipating the official COLA increase announcement for 2025 by the Social Security Administration. Each year, the SSA announces anadjustment for how much it will pay beneficiariesdue to inflation. This adjustment is based on a percentage...
The SSA administers Supplemental Security Income (SSI) payments and Medicare Parts A and B. SSA Programs The SSA administers the Social Security program. Social Security is vital to Americans' retirement income planning, particularly as savings rates for retirement remain low: 3.2% as of March ...
Supplemental Security Income (SSI) is a federal program in the United States that provides additional income for older adults and people with disabilities that have little to no income. This program provides participants with monthly cash distributions to help them meet their basic needs. SSI is di...