WHAT IS SUPPLEMENTAL SECURITY INCOME?

What Is Supplemental Security Income (SSI) ?

What is Supplemental Security Income?

Supplemental Security Income (SSI) is a Federal program that provides a monthly payment to people who have limited income and few resources.

To be eligible for SSI you may not have a financial net worth more than $2,000 and $3,000 if you are married.

A person must have at least one of the following to be eligible for SSI:

  • Have a medical condition that prevents you from working and is expected to last at least one year or result in death.
  • You are partially blind or completely blind
  • You are 65 years of age or older

The basic Supplemental Security Income (SSI) is the same nationwide in 2013.

How Much Supplemental Security Income Can You Receive?

If you qualify for Supplemental Security Income you will receive:

  • $710 for one person each month
  • $1,066 for a couple each month

Not everyone receives the same basic amount of Supplemental Security Income.

You may receive additional income if you reside in a state that gives additional funds to the Federal SSI payment.

Your SSI monthly funds may be decreased if you or your family has access to other resources, e.g., pension.

To receive Supplemental Security Income you must live in the United States. However, even if you are not a United States citizen you still may able to receive Supplemental Security Income.

You may also find these web links helpful;

Resources:
Social Security Administration, You May Be Able To Get Supplemental Security Income (SSI), SSA Publication No. 05-11069, 2013 http://www.socialsecurity.gov/pubs/EN-05-11069.pdf 

Social Security Administration, Supplemental Security Income amount, Updated 07/16/2013;| ID# 85 http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/85/~/supplemental-security-income-amount

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