Which of the following statements is true regarding social security retirement benefits?

Understanding SSI Home Page / Understanding Supplemental Security Income (SSI) Overview

SUPPLEMENTAL SECURITY INCOME (SSI) OVERVIEW

WHAT IS SSI?

SSI stands for Supplemental Security Income. Social Security administers this program. We pay monthly benefits to people with limited income and resources who are disabled, blind, or age 65 or older. Blind or disabled children may also get SSI. 

HOW IS SSI DIFFERENT FROM SOCIAL SECURITY BENEFITS?

Many people who are eligible for SSI may also be entitled to Social Security benefits. In fact, the application for SSI is also an application for Social Security benefits. However, SSI and Social Security are different in many ways.

    Social Security benefits may be paid to you and certain members of your family if you are “insured” meaning you worked long enough and paid Social Security taxes. Unlike Social Security benefits, SSI benefits are not based on your prior work or a family member's prior work.

    SSI is financed by general funds of the U.S. Treasury--personal income taxes, corporate and other taxes. Social Security taxes collected under the Federal Insurance Contributions Act (FICA) or the Self-Employment Contributions Act (SECA) do not fund the SSI program.

    In most States, SSI recipients also can get medical assistance (Medicaid)- to pay for hospital stays, doctor bills, prescription drugs, and other health costs.

    Many States also provide a supplemental payment to certain SSI recipients.

    SSI recipients may also be eligible for food assistance. In some States, an application for SSI also serves as an application for food assistance.

    SSI benefits are paid on the first of the month.

    To get SSI, you must be disabled, blind, or at least 65 years old and have "limited" income and resources.

    In addition, to get SSI, you must also:

    • be either a U.S. citizen or national, or a qualified alien;

    • reside in one of the 50 States, the District of Columbia or the Northern Mariana Islands; and

    • not be absent from the U.S. for a full calendar month or 30 or more consecutive days.

HOW IS SSI LIKE SOCIAL SECURITY BENEFITS?

    Both programs pay monthly benefits.

    The medical standards for disability are generally the same in both programs for individuals age 18 or older. For children from birth to the attainment of age 18 there is a separate definition of disability under SSI. The medical standard is based on the severity of your disability; financial need is not considered at this step in the eligibility process.

    SSA administers both programs.



If you don’t want to wait for your Social Security Statement to be mailed to you, you may sign up to get your Social Security Statement online. You also may be able to estimate your retirement benefit using our online Retirement Estimator.

If you would like to receive your Social Security Statement by mail, please print and complete a "Request For Social Security Statement" (Form SSA-7004) and mail it to the address provided on the form.

You should receive your paper Social Security Statement in the mail in four to six weeks.

If you were unable to create or encountered a problem with your my Social Security account, you may visit a local office or call 1-800-772-1213 (TTY 1-800-325-0778) for help.

December 10, 2010

Statements of Michael J. Astrue, Commissioner of Social Security, and John P. Melville, New York State Police Acting Superintendent, on the Theft of Personal Information in Upstate New York

Retirement Benefits (En español)

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Which one of the following is true of Social Security benefits quizlet?

Which of the following is true of Social Security benefits? Workers who elect to retire at age 62 will receive reduced Social Security benefits.

What is the basis for Social Security retirement benefits quizlet?

What is the basis for Social Security retirement benefits? The primary insurance amount (PIA) is an individual's average monthly wage earnings and is used to determine the amount of Social Security retirement benefits.

What are Social Security retirement benefits based on?

We: Base Social Security benefits on your lifetime earnings. Adjust or “index” your actual earnings to account for changes in average wages since the year the earnings were received. Calculate your average indexed monthly earnings during the 35 years in which you earned the most.

What statement is not true regarding Social Security benefits?

Which statement is NOT true regarding Social Security benefits? Social Security Disability benefits are NOT designed to replace 100% of the worker's earnings.

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