“image

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 the Social Security Disability Requirements For Personal Assets?



 
In the SSI disability program, personal assets would be considered when making a disability determination and could potentially vehicles, land, cash, trust funds, stocks, rental houses, antiques, or even jewelry.

In actuality, the assets for SSI that could make a person not eligible to receive benefits would be any combination of "countable assets" that equal at least $2000 in value. What are countable assets? Real estate other than the home you live in, cars other than the one you mainly drive, and cash in accounts other than what you need to pay bills would all be counted. Essentially, anything that is "excess" would count.

Why are assets counted for SSI? Because SSI is a need-based program, versus Social Security Disability which is based on work history credits. This being the case, if an individual is over the asset resource limit, they do not meet the requirements of SSI.



What do assets have to do with the requirements of the Social Security Disability program? Absolutely nothing.

Social Security Disability has non-disability requirements, but they are not about assets. Disability applicants must be insured to meet the non-disability requirements of the Social Security Disability program. Insured status is earned through work activity. Each year a person can earn four work credits or quarters of coverage toward insured status for Social Security Disability.

What does all of this mean? That there is no need for an individual to be worried about filing for Social Security Disability if they have assets, because there are no resource limits for the Social Security Disability program. In other words, SSD is not at all concerned with how much you have in assets. SSD does not even look at assets. SSI, on the other hand, has an asset limit of $2000.

Additional information:

What are the Assets that count for SSI Disability?








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:

Who qualifies for disability? - Qualifying is based on evidence of functional limitations
The Social Security Disability Approval Process and the Criteria for Decisions
How does Social Security Disability decide that you cannot work?
How do you Win Benefits under Social Security Disability or SSI?
Medical Disability Requirements for SSD and SSI
The non-medical Disability Requirements for SSD and SSI
SSA Medical Exam and your own Physician
If you apply for disability in Nevada
Getting a Disability Lawyer in Nevada



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.