SSDI program cost

Request free Consultation
SSDI program cost

In 2011, the SSDI trust fund received $106.3 billion, mainly from the 0.9% tax on wages that workers and employers both pay. Total payments made from the SSDI trust fund were $132.3 billion and for the benefits of disabled workers and their families, resulting in an annual deficit of $26.1 billion in 2011. The cumulative assets in the disability insurance trust fund totaled $153.9 billion at the end of 2011. Administrative expenses were 2.2% of outgo from the DI fund and the remaining portion paid for benefits.

Request free Consultation

Related Posts

Affordable lawyers

Injuries can happen to anyone, anytime and even when you hate to think about it there is the probability that...

high-investment property at a low risk

Investing in real estate property has become a trending way to earn a profit for the last 50 years. It...

Rules for Landlord while Evicting a Tenant

To file tenant eviction case against a tenant, make sure you have served a written notice, especially because it is...