You eligibility to receive SSI is dependent upon your income and other assets called resources.
Income
Income includes all money that you earn or are entitled to such as wages, Social Security benefits, and retirement funds. It also includes such amenities like food and shelter. The total amount of monthly income and SSI that you may be able to receive is partially based on the state in which you reside. The Social Security Administration (SSA) will be able to inform you of the income restrictions imposed by your state.
SSA does not take your entire income into account in order to determine your SSI qualifications. For instance, it ignores:
If you are married, your husband or wife's income and resources are also considered during the decision-making process. If the applicant is under 18 years old, the parents' income and resources will be analyzed. If you have not been granted US citizenship and have a sponsor, SSA will investigate your sponsor's income and resources. A portion of students' earnings or scholarships may not count at all.
If you are disabled and employed, SSA does not count income allocated to pay for equipment or services that allow you to hold down a job. For instance, if you require a wheelchair, the money used to buy the wheelchair is not factored in as income in the decision. Likewise, SSA does not count money that a blind person puts towards occupational expenditures; if a blind person designates a portion of their wages for the commute to and from the workplace, the amount used to pay the transportation costs is not incorporated in this income. Be advised that if you are disabled or blind, some of your income applied towards training or job necessities may not count either.
Resources
Resources that are quantified concerning your SSI qualifications include real estate, bank accounts, cash, stocks, and bonds. If you are single, and your assets are worth less than $2,000, you may be eligible to receive SSI. Couples are eligible only if their resources total less than $3,000. If you are in the midst of selling property,
you may be able to receive SSI while you are waiting for it to sell.
SSA does not consider every piece of property you own in making a determination whether you have surpassed the limit to remain eligible. The following will not be counted:
If you unsure whether you meet the requirements to receive SSI, a Florida social security disability lawyer will help you sort it out.