...

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

Compensation Act

Most laws with labor provisions regulating the transportation industry are administered by agencies outside the Department of Labor. However, longshoring...

If going through the tumultuous process of a divorce isn’t difficult enough, it is common for women to face insecurities...

File Chapter 7

Looking for Chapter 7 or Chapter 13 bankruptcy lawyer ? Find a bankruptcy lawyer for free we helped many bankruptcy...