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Social Security Disability Definitions

Social Security Disability and SSI Overview

The Requirements for Disability

Social Security Disability and SSI Applications

Tips and Advice for Disability Claims

How long does Disability take?

Common Mistakes after Receiving a Disability Denial

Social Security Disability and SSI Denials

Social Security Disability and SSI Appeals

Social Security Mental Disability Benefits

Disability Benefits offered through Social Security

Benefits through SSI disability

Disability Benefits for Children

Disability Qualifications and How to Qualify

Social Security Disability and Working

Winning your Disability Benefits

Social Security Disability Back Pay Benefits

Social Security Disability SSI Awards and Award Notices

Disability Lawyers and Hiring an Attorney

Social Security Disability SSI List of Conditions

What is considered a Disabling condition by Social Security?

Social Security Disability SSI and Medical Evidence

Filing for Disability Benefits

Eligibility for Disability Benefits

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Can You Be Denied Social Security Disability If You Have Money In A Savings Account?

Generally, there is confusion about the non-medical eligibility requirements of Social Security disability or SSI (Supplemental Security Income disability). Both disability programs are administered by Social Security but they have different non-disability eligibility requirements.

Social Security disability does not have income or resource eligibility requirements, because it is based upon an insured status that is earned through your work activity.

It is not a need based disability program, which means you cannot be denied Social Security disability because you have resources such as savings accounts, 401K accounts, vehicles, homes, land, inheritances, cash, etc. Nor can you be denied because you have pensions, workman’s compensation benefits, long-term disability benefits, or any other kind of income. Frankly, Social Security does not care what you have as long as you are insured for Social Security disability.

However, if you are applying for Supplemental Security Income (SSI) disability benefits, you are subject to strict income and resource limits. SSI is a need based disability program for individuals who A) have not ever worked (including children), B) have not worked enough to be insured for Social Security disability, or C) have not work in such a long time they are no longer insured for Social Security disability.

Currently, single individuals are allowed $2000.00 in resources while couples are allowed $3000.00. Social Security excludes one vehicle (the one that is highest valued) and your house along with the land it sits on from the resource limit. If you own land at another location it will be counted toward the resource limit. If you own more than one vehicle, the value of your other vehicles will be counted toward the resource limits. The same is true for bank accounts (i.e. savings or checking) and all of the other resources listed above.

Basically, Social Security considers anything that can be easily converted into cash to be a resource. Since any of the above mentioned resources count toward a $2000.00 resource limit if you are single or a $3000.00 resource limit if you are married, it is easy to see how you could be denied for SSI disability if you have money in a savings account.

Return to:  Social Security Disability Resource Center, or read answers to Questions

Related pages:

Getting SSDI but making too much money
Can You Be Denied Social Security Disability If You Have Money In A Savings Account?
Social Security Disability and Money in the Bank
How does Social Security determine the amount of money you receive on disability?

Information on the following topics can be found here: Social Security Disability Questions and in these subsections:

Frequently asked questions about getting Denied for Disability Benefits | FAQ on Disability Claim Representation | Info about Social Security Disability Approvals and Being Approved | FAQ on Social Security Disability SSI decisions | The SSD SSI Decision Process and what gets taken into consideration | Disability hearings before Judges | Medical exams for disability claims | Applying for Disability in various states | Selecting and hiring Disability Lawyers | Applying for Disability in North Carolina | Recent articles and answers to questions about SSD and SSI

These pages answer some of the most basic questions for individuals who are considering filing a claim.

Filing for disability - How to file for SSD or SSI and the Information that is needed by Social Security
How to Apply for Disability - What medical conditions can you apply and qualify for?
Applying for Disability - How long does it take to get Social Security Disability or SSI benefits?
What happens if I file a disability application and it is denied by a disability examiner or Judge?
How to Prove you are disabled and qualify to win disability benefits
How do you prove your disability case if you have a mental condition or impairment?
Social Security Disability Back pay and How Long it Takes to Qualify for it and receive it
Social Security Disability SSI - Eligibility Requirements and Qualifications Criteria