With over $615,344,000,000 in Social Security benefits going to nearly 51 million people in 2008, it’s easy to see how challenging it can be to get your benefits when you need them. Sadly most individuals that apply for their Social Security benefits are turned down initially.
While everyone has the right to apply it seems that it isn’t easy to get a decision in your favor. When it comes to Social Security there are a number of different sectors. Understanding the difference is important if you feel you are in need of the social security benefits.
Social Security Disability Insurance, also referred to as SSDI, is a benefit that is given to qualified disabled individuals who have worked at least five out of the ten years prior to applying for the benefit. These individuals would have paid social security tax on any income they received. The amount that the individual made and the amount that they paid into the tax will determine the amount of benefit they could receive.
Supplemental Security Income, also referred to as SSI, is a benefit that is paid to an individual based on their need financially. The benefits can be paid to adult as well as children who are disabled and who are limited in the income they can earn due to their disability. The Supplemental Security Income is funded by basic tax revenues instead of by tax on the individuals past income.
If you are in a situation where you are in need of either of these types of social security benefits, you would do well to hire a law firm with the experience to go through the process with you. O’Shaughnessy, Walker & Buchholz, P.A. has the experience of working with New Hampshire residents located throughout the state with their claims. Whether you are in Manchester near their office or you reside up in the Lakes Region, they are ready to help you with your Social Security benefits.