What is rsdi income?

RSDI stands for Retirement, Survivors, and Disability Insurance. It is a federal program that provides income to individuals who are retired, disabled, or survivors of deceased workers who paid into the Social Security system.

RSDI income is calculated based on a person's earnings history and the amount they paid into the Social Security system over their working years. The amount of RSDI income a person receives can vary depending on their individual circumstances, such as their age, disability status, and marital status.

RSDI income can be a significant source of financial support for individuals who are unable to work due to disability or who have reached retirement age. It is important to note that RSDI income is taxable, and individuals may also be eligible for other forms of assistance, such as Medicaid or Supplemental Security Income (SSI).

Overall, RSDI income plays a crucial role in providing financial security for individuals and families in need of support due to retirement, disability, or the death of a breadwinner.