What is Social Security Income (SSI)?

Social Security Income, also known as SSI, is a government-run program in the United States that provides stipends to those who are aged, blind, or disabled. Unlike Social Security Disability Insurance, SSI is funded by the United States Treasury rather than the Social Security Trust Fund. Created in 1974 as Title 16 of the Social Security Act in order to federalize and standardize similar state programs, the program lends support to about 8 million people across the country.

In order to be eligible to collect Social Security Income, you must be either over 65, blind, or disabled. In addition, you must reside in the United States, live abroad for military-related reasons, or live abroad as a student. Finally, you must have a low and limited income as well as limited resources in order to successfully apply for SSI benefits. The limit on income and resources varies depending on where the applicant lives and what their living situation is.

Those who qualify can receive up to $647 per month in assistance as of 2010. Payment are made on the first of each month. You may receive SSI benefits along with Medicaid benefits, Social Security Disability benefits, retirement benefits and Section 8 housing assistance in some cases, though the amount that you receive may be reduced based on those considerations. Unlike SSDI benefits, Social Security Income is not retroactive, so it is important to apply for benefits as soon as you believe you qualify for assistance.

Do you have specific questions about Social Security Income, or has your application for SSI benefits been wrongfully rejected? Talk to a Social Security attorney today about your case.




Disclaimer

WHAT'S MY CASE WORTH?