Supplemental Security Income is a program managed by the Social Security Administration. Although the Administration controls the program, SSI is not funded by Social Security taxes. Rather, SSI is paid for by general tax revenues.

SSI Eligibility

The SSI program offers benefits to those with low income and resources who are 65, blind or disabled. Income refers to money received in wages, Social Security benefits and pensions. Income can also include free food and shelter. Income limits vary by state, so contact the Social Security Administration for more information.

The Social Security Administration does not consider all of a person’s income when determining SSI benefits. For instance, the Administration does not count:

• The first $20 a month of most income the individual receives
• The first $65 a month in wages
• Food stamps
• Shelter provided by non-profit organizations
• Home energy assistance

In addition to income, the Social Security Administration considers a person’s resources when determining SSI eligibility. The Administration considers cash, bank accounts, stocks and bonds and real estate as resources. An individual may qualify for SSI if their resources are valued at no more than $2000. A couple may qualify for SSI if their resources are worth no more than $3000. However, the Social Security Administration does not consider everything a person owns when determining SSI eligibility. For instance, the Administration does not count:

• The home the individual lives in
• Life insurance policies with a face value of $1500 or less
• Most cars
• Burial plots and funds

If you are considering applying for SSI, you can fill out an application at the Social Security Administration’s website or call 800-772-1213 to speak with a representative. If you need assistance filing your SSI claim or if your SSI claim gets denied, you should consider speaking with a social security attorney.