FAQ: What is Social Security Disability Insurance (SSDI)?
SSDI is a payroll, tax funded, Federal disability insurance program. If you look at your pay stub you will that your employer deducts not only payment for your income tax but for FICA taxes. A portion of the FICA taxes that you pay are set aside for Social Security Disability and retirement.
SSDI will provide you with disability income if you are unable to work as a result of a disability. Once you reach retirement age, 65 years or older, you will be changed from Social Security Disability to Social Security Retirement Income.
If you have any questions contact us at www.caveylaw.com or give us a call at 727-894-3188.
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- What’s the difference between short-term and long-term disability insurance benefits?
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Posted November 19th 2009 to Social Security Disability | Comments (0)| Permalink | Trackback
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