Will income from a trust affect my SSDI benefits?

SSDI, or Social Security Disability Insurance, is a program designed to provide financial support to individuals who are unable to work due to a long-term disability. It is important to note that eligibility for SSDI does not hinge on an individual's asset holdings. This means that having a substantial amount of assets, such as savings or investments, does not disqualify someone from receiving SSDI benefits.

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In contrast, SSI, or Supplemental Security Income, is a program that provides financial assistance to low-income individuals who are either aged, blind, or disabled. Unlike SSDI, eligibility for SSI is significantly impacted by an individual's asset levels. To qualify for SSI, a person must have limited resources and meet strict income and asset guidelines.

One key difference between SSDI and SSI is the impact of distributions from a Disability Trust. A Disability Trust is a legal arrangement that allows individuals with disabilities to manage their assets while still qualifying for government benefits. For SSDI recipients, distributions from a Disability Trust do not affect their eligibility for benefits.

However, for SSI recipients, distributions from a Disability Trust can significantly impact their eligibility for benefits. Because SSI is based on an individual's financial need, any income or assets received, including distributions from a Disability Trust, can reduce or eliminate SSI benefits.