What is Supplemental Security Income (SSI)?
Supplemental Security Income (SSI) is a federal program that provides financial assistance to individuals who are aged, blind, or disabled and have limited income and resources. SSI is administered by the Social Security Administration and is designed to help individuals meet their basic needs for food, shelter, and clothing.
Who is eligible for SSI?
To be eligible for SSI benefits, an individual must meet certain criteria set forth by the Social Security Administration. This includes being aged 65 or older, blind, or disabled, and having limited income and resources. In addition, individuals must be U.S. citizens or legal residents and must reside in one of the 50 states, the District of Columbia, or the Northern Mariana Islands.
How is SSI different from Social Security benefits?
While both SSI and Social Security benefits are administered by the Social Security Administration, there are key differences between the two programs. Social Security benefits are based on an individual’s work history and earnings, while SSI is a needs-based program that provides assistance to individuals with limited income and resources. Additionally, Social Security benefits are available to individuals who have paid into the Social Security system through payroll taxes, while SSI benefits are available to individuals who have not worked or have limited work history.
What are the income and resource limits for SSI eligibility?
In order to qualify for SSI benefits, individuals must meet certain income and resource limits set forth by the Social Security Administration. As of 2021, the income limit for SSI eligibility is $794 per month for individuals and $1,191 per month for couples. In addition, individuals must have limited resources, with a limit of $2,000 for individuals and $3,000 for couples. Resources include assets such as cash, bank accounts, and property.
How can someone apply for SSI benefits?
Individuals can apply for SSI benefits by contacting their local Social Security office or by applying online through the Social Security Administration’s website. When applying for SSI benefits, individuals will need to provide documentation of their income, resources, and disability status. The application process can be lengthy, so it is important to gather all necessary documentation before applying.
What are the benefits of receiving SSI?
Receiving SSI benefits can provide individuals with financial assistance to help meet their basic needs for food, shelter, and clothing. In addition, individuals who receive SSI benefits may also be eligible for other forms of assistance, such as Medicaid, food stamps, and housing assistance. SSI benefits can provide a safety net for individuals who are aged, blind, or disabled and have limited income and resources, helping them to maintain a basic standard of living.