Definition
Supplemental Security Income (SSI) is a federal program in the United States that provides financial assistance to individuals who are aged (65 or older), blind, or disabled and who have limited income and resources. This program aims to meet basic needs for food, clothing, and shelter.
Examples
- Elderly Individual: A 70-year-old retired individual with no savings or other sources of income can apply for SSI to help cover daily living expenses.
- Disabled Adult: An individual with a severe disability that prevents them from working may rely on SSI benefits to maintain a basic standard of living.
- Low-income Blind Individual: A person who is legally blind and has limited resources may qualify for SSI to receive a monthly cash payment to assist with living expenses.
Frequently Asked Questions (FAQs)
Who is eligible for SSI?
SSI is available to individuals who are aged, blind, or disabled, and who have limited income and resources. Applicants must meet specific criteria set by the Social Security Administration.
How much can one receive from SSI?
The amount varies depending on individual circumstances, including income, living arrangements, and other factors. The federal benefit rate can be supplemented by state supplements.
What is considered “limited income and resources” for SSI eligibility?
Generally, for 2023, individual resources must be less than $2,000 and married couples’ resources must be less than $3,000. Income includes wages, social security benefits, pensions, and free food or shelter.
How do I apply for SSI?
You can apply for SSI benefits by contacting the Social Security Administration via their website, phone, or by visiting a local SSA office.
Is SSI the same as Social Security Disability Insurance (SSDI)?
No, SSI and SSDI are different programs. SSDI is based on prior work history and contributions to Social Security, while SSI is a needs-based program regardless of work history.
Related Terms
- Social Security Disability Insurance (SSDI): A federal insurance program that provides financial assistance to people who are unable to work due to a disability and have paid into Social Security through their work.
- Medicaid: A health care program for low-income individuals, often coupled with SSI eligibility.
- Medicare: A federal health insurance program primarily for people aged 65 and older or those with specific disabilities.
- Asset Limits: Financial thresholds for resources that determine eligibility for SSI and other assistance programs.
Online Resources
Suggested Books for Further Studies
- “Social Security, Medicare, and Government Pensions: Get the Most Out of Your Retirement and Medical Benefits” by Joseph Matthews
- “Nolo’s Guide to Social Security Disability: Getting & Keeping Your Benefits” by David A. Morton III M.D.
- “The Complete Guide to SSI and Social Security Disability Benefits” by James R. Goldie Esq.
- “Understanding SSI (Supplemental Security Income)” by Social Security Administration
Fundamentals of Supplemental Security Income: Social Security Basics Quiz
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