It is possible for individuals to receive both Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) at the same time. However, there are certain rules and limitations that must be followed in order to receive both types of benefits simultaneously.

SSDI is a program that provides financial support to individuals who are unable to work due to a physical or mental impairment and have worked and paid into the Social Security system through payroll taxes. SSI is a program that provides financial support to low-income individuals who are disabled, blind, or over the age of 65 and have limited income and assets.

To be eligible for SSDI, an individual must have a qualifying impairment that is expected to last at least one year or result in death, and they must not be able to perform any substantial gainful activity due to their impairment. They must also have worked for a certain number of years and have paid into the Social Security system.

To be eligible for SSI, an individual must have low income and limited assets. The Social Security Administration (SSA) uses a formula to determine the individual's SSI benefit amount based on their countable income and assets. Countable income includes any money an individual receives from work, as well as other sources such as interest and dividends. Countable assets include any property or resources an individual owns, such as a home, car, or bank account. The SSA has limits on the amount of assets an individual can have and still qualify for SSI.

If an individual is approved for both SSDI and SSI, the SSA will determine their combined benefit amount based on their individual SSDI and SSI benefit amounts. However, the SSA will not pay an individual more in combined benefits than the maximum amount allowed under the rules. This maximum amount is called the "concurrent benefit." The concurrent benefit is the larger of the two benefit amounts (either the SSDI benefit or the SSI benefit) plus one-half of the other benefit amount.

For example, let's say an individual is approved for both SSDI and SSI, and their SSDI benefit amount is $1,000 per month and their SSI benefit amount is $800 per month. In this case, the individual's concurrent benefit amount would be $1,400 per month, which is the larger of the two benefit amounts ($1,000) plus one-half of the other benefit amount ($800/2 = $400).

It is important to note that an individual's SSDI and SSI benefits may be affected by other forms of income and resources. For example, if an individual receives income from work or has assets that exceed the limits set by the SSA, their SSI benefit amount may be reduced or terminated.

It is advisable to speak with a Social Security representative or a financial advisor to determine if you are eligible to receive both SSDI and SSI and to understand the specific rules and limitations that apply to your situation. It is also important to note that the process for applying for and being approved for SSDI and SSI can be complex and time-consuming, and it is important to gather all necessary documentation and to follow the application process carefully.

In conclusion, it is possible for individuals to receive both Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) at the same time. However, there are certain rules and limitations that must be followed in order to receive both types of benefits simultaneously. To be eligible for SSDI, an individual must have a qualifying impairment that is expected to last at least one year or result in death and must not be able to perform any substantial gainful activity due to their impairment. They must also have worked for a certain number of years and have paid into the Social Security system. To be eligible for SSI, an individual must have low income and limited assets. If an individual is approved for both SSDI and SSI, the Social Security Administration (SSA) will determine their combined benefit amount based on their individual SSDI and SSI benefit amounts, but will not pay an individual more in combined benefits than the maximum amount allowed under the rules. It is advisable to speak with a Social Security representative or a financial advisor to determine if you are eligible to receive both SSDI and SSI and to understand the specific rules and limitations that apply to your situation.