What is the difference between social security and supplemental security income?

General
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what is the difference between social security and supplemental security income?

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What is the difference between social security and supplemental security income?

Answer:
Social Security:

  • Social Security is a federal program that provides benefits to retired workers, their spouses, and dependent children, as well as disabled individuals.
  • To be eligible for Social Security benefits, you must have worked and paid Social Security taxes for a certain number of years. The amount of your benefit is based on your earnings history.
  • Social Security benefits are not based on financial need but on your work history and earnings.

Supplemental Security Income (SSI):

  • Supplemental Security Income is a federal income supplement program that is designed to help aged, blind, and disabled people who have little or no income.
  • Unlike Social Security, SSI is a need-based program, and eligibility is based on financial need. The amount of the benefit is set by federal law and can vary depending on the individual’s circumstances.
  • To qualify for SSI, applicants must meet certain income and resource limits. It is not necessary for applicants to have paid Social Security taxes to be eligible for SSI benefits.