What’s the difference between Supplemental Security Income (SSI) and Retirement, Survivors, and Disability Insurance (RSDI)

What is the difference between Supplemental Security Income (SSI) and Retirement, Survivors, and Disability Insurance (RSDI)? Types of Disability Benefits: The Social Security Administration (SSA) offers two types of disability benefits: Supplemental Security Income (SSI) and Retirement, Survivors, and Disability Insurance (RSDI). While both programs are designed for disabled individuals,…

What does it mean now that Congress has passed a spending bill with a funding increase for the Social Security Administration?

The Social Security Administration (SSA) has faced funding difficulties for quite some time. Some estimates indicate the Administration saw an 11% cut since 2010 after adjusting for inflation. Over this time the number of retirement and disability beneficiaries is reported to have increased by approximately 7 million individuals. The years…

Retirement, Survivors, Disability Insurance (RSDI)

A. Definition Retirement, Survivors, Disability Insurance (RSDI) is a federally funded program designed to ensure the continuation of income to those who are disabled, have reached retirement age, or are the surviving dependents of those who qualified for Social Security Disability Insurance. Another name for this Social Security program is, “Old Age, Survivors…