Can anyone explain to me the difference between regular disability and SSI? One application applied for both, but I don’t really understand what they are relative to each other.
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SSDI (what you’re calling disability) payments are based on your work history and how much you made on average before becoming disabled. SSI is not based on work history and can be paid out even if you never worked a day in your life.
SSDI can pay more than SSI and doesn’t have asset caps, while SSI pays a flat amount and to be eligible you can’t have a net worth of more than $2000.
You can qualify for one or both or neither, but payments from SSDI might affect your eligibility for SSI.
Here is a link that goes into much more detail on the differences between the two programs: https://www.nerdwallet.com/article/investing/social-security/ssi-vs-ssdi-difference#:~:text=The%20main%20difference%20between%20Supplemental,benefits%20to%20people%20with%20disabilities.
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