December 15, 2018

What is the Difference Between SSDI and SSI?

What is the difference between SSDI and SSI?  As I discuss in this episode, SSDI stands for Social Security Disability Insurance.  It is an insurance program and the payroll taxes you paid while you were working are the premiums.

You earn insurance “credits” based on your gross earnings.  In 2018, you earn one credit for every $1,320 of gross earnings.  You can earn a maximum of four credits in a calendar year, so once you have earned $5,280, you will have all four possible credits.

The earnings requirements for previous years are slightly lower and the earnings requirements for 2019 and beyond will be higher.

It does not matter when during the the year that you earn your credits – if you earned $5,280 during the first week of January in 2018 you would be covered for the full year. [Read more…]

How Does Social Security Define the term “Disability”

How does Social Security define the term “disability?”  Under the law, you are disabled if you are unable to engage in substantial gainful activity because of a medically determinable condition or conditions that has lasted or is expected to last 12 consecutive months, or result in death.

What does this mean?  In this episode, I unpack this definition so that you know what you have to prove.  And if you know what SSA needs, you can make sure that every form you fill out and every statement you make addresses this threshold question – do you meet SSA’s definition of disability? [Read more…]