Tag Archives: disability benefits

Asset Building for Individuals with Disabilities

Public benefit programs for people with disabilities, especially Supplemental Security Income (SSI), are not aimed at increasing assets and independence for people with disabilities, as a result individuals with disabilities often have very limited income and few, if any, assets. The intent of asset building initiatives is that as individuals develop assets, they will be able to move out of poverty and remain out of poverty. Many asset building services for people with disabilities will NOT cause loss of critical SSI disability cash payments and essential health insurance such as Medicaid and Medicaid waivers.

Benefits 26-06

Social Security Disability Insurance or Title II, Disability Benefits SSDI: pays benefits to people with disabilities and certain members of their family if the beneficiary is “insured,” meaning that he/she worked long enough and paid Social Security taxes.

Supplemental Security Income SSI or Title XVI pays benefits to people with disabilities based on financial need.