...

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

DUI

Being charged with a DUI offense for the first time can have severe repercussions on a person’s life. Along with...

Time for Goodbye Time for Divorce

Going through a separation or a divorce is one of the most emotionally challenging experiences anyone can go through. Any...

Child custody arrangements

If you are willing to understand the child custody during the divorce proceedings, you should understand first about the arrangements...