How to file for disability, Filing for SSI
Disability Requirements, Disability Status
How long is the wait?, Disability Application
The Social Security List of Impairments
Qualifying for Disability, Mental Disability
Disability Lawyer Info, Disability Back Pay

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

Often, there's confusion about the non-medical 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 is different from SSI and 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, so you cannot be denied Social Security Disability because you have resources such as savings accounts, checking 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.

Essential Questions

What is the Social Security Disability SSI list of impairments?

Can you work while getting or applying for Disability?

How Often Does Social Security Approve Disability The First Time You Apply?

Tips for getting Social Security Disability or SSI benefits approved

What medical conditions will get you approved for disability?

What kind of Mental Problems Qualify for Disability?

Receiving a Disability Award Letter

Conditions Social Security will recognize as a disability

Previously answered questions regarding SSD and SSI

Applying for disability in your state

Most popular topics on SSDRC.com

Social Security Disability SSI Questions

The listings, list of disabling impairments

Can a mental illness qualify you for disability?

Disability Lawyers prevent unnecessary denials

How much Social Security Disability SSI back pay?

How to apply for disability for a child or children

Filing a Social Security Disability SSI application

Filing for disability - when to file

How to apply for disability - where to apply

Qualifications for disability benefits

How to Prove you are disabled and Win your Disability Benefits

Qualifying for Disability - The Process

How to get disability for depression

Getting disability for fibromyalgia

SSI disability for children with ADHD

What is the Application Process for Social Security Disability and SSI?

Common Mistakes to avoid after being denied for Disability

Social Security Disability SSI Exam tips

More Social Security Disability SSI Questions

Social Security Disability SSI definitions

What makes you eligible for Social Security Disability or SSI?

New and featured pages on SSDRC.com

Who can help me file for disability?

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?
Facing the possibility of having to leave work and go back on disability
For your Social Security Disability claim, submit whatever medical evidence you have
Applying for Disability in Michigan

Filing a Disability appeal in Michigan

Will I qualify for disability Benefits in Michigan?

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

Can you get temporary Social Security Disability or SSI benefits?

Permanent Social Security Disability

What is the difference between Social Security Disability and SSI?

Who is eligible for SSI disability?

Can I Be Eligible For SSI And Social Security Disability At The Same Time?

What makes a person eligible to receive disability benefits?

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?

For the sake of clarity, SSDRC.com is not the Social Security Administration, nor is it associated or affiliated with SSA. This site is a personal, private website that is published, edited, and maintained by former caseworker and former disability claims examiner, Tim Moore, who was interviewed by the New York Times on the topic of Social Security Disability and SSI benefits in an article entitled "The Disability Mess" and also by the Los Angeles Times on the subject of political attempts to weaken the Social Security Disability system.

The goal of the site is to provide information about how Social Security Disability and SSI work, the idea being that qualified information may help claimants pursue their claims and appeals, potentially avoiding time-consuming mistakes. If you find the information on this site helpful and believe it would be helpful to others, feel free to share links to its homepage or other pages on website resource pages, blogs, or social media. Copying of this material, however, is prohibited.

To learn more about the author, please visit the SSDRC.com homepage and view the "about this site" link near the bottom of the page.