Part 5/10:
Financial Aspects:
Strict income and asset limits
Benefits are modest, often under $700 per month
Health Insurance:
- Comes with Medicaid, often called welfare, which provides medical coverage for low-income individuals
The Complexity of Work Credits and Age Factors
The process for qualifying for SSDI is intricate. Younger individuals need fewer credits, but as age increases, so do the requirements. For example:
Under age 24: only six credits over three years are required
Between 24 and 30: credits needed double to about 12 over three years
Ages 31 to 42: about 20 credits, roughly five years of work
Over 55: eligibility becomes more lenient, with credits required decreasing sharply