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
What Are Countable Assets For Social Security Disability and SSI?
Social Security has two disability programs that involve different eligibility requirements. Social Security Disability is based upon an insured status that is earned through work activity, while Supplemental Security Income (SSI) is based upon need.
Consequently, Social Security does not consider assets when they make a determination as to an individual’s eligibility for Social Security Disability benefits. Countable assets are a factor of eligibility for SSI only.
Currently, the resource limit for an individual applying for SSI benefits is two thousand dollars and the couple’s resource limit is three thousand dollars. While these limits have been the same amount for years, there is a possibility that they could change at any time. Check with Social Security to find out the current year income and resource limits. So what assets are counted as resources or assets for SSI eligibility purposes?
Social Security allows an individual or couple to exclude their highest valued vehicle and the home and land they live on. If an individual or couple own land other than the land they live on, own more vehicles, boats, motorcycles, bank accounts, stocks, bonds, or any other item that could be sold for cash, it will be counted against the SSI resource limit.
It makes sense that all resources or assets that could readily be turned into cash be counted toward the SSI disability program resource limit. After all, SSI is a need-based program. This program is in place to help those who have not worked that much, worked a long time ago, those who have not worked at any time in their life, and children (their parents must meet the income and resource limits) to have the possibility of financial help through monthly disability benefits.
If an individual or couple has assets or resources above these limits, it is reasoned that they are more able to provide for their support than those who are under the limits or have no resources at all.
What are the specific assets that count for SSI Disability?
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?
What assets count for SSI Disability?
Countable Assets For Social Security Disability and SSI?
Are assets important when you file a disability claim?
What happens if I am on disability and sell a mobile home or other property?
Is there a waiting period for SSI or SSDI?
Will I qualify for disability Benefits in New Jersey?
Getting a Disability Lawyer in New Jersey
These pages answer some of the most basic questions for individuals who are considering filing a claim.
How to Apply for Disability - What medical conditions can you apply and qualify for?
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.