SSI is a federal needs-based program that provides monthly payments to those who are disabled, elderly or blind and have a low income.
SSI is an acronym for Supplemental Security Income.
SSI is not a Social Security benefit. This is often confused since the SSI program is administered by the Social Security Administration. The SSI program is funded by general tax revenues that are paid in through federal income taxes. Social Security benefits are funded through payroll taxes and are not tied to a means test.
To receive SSI you must be:
- Age 65 or older
- Blind
- Disabled
To qualify for SSI you must have income below certain levels and resources (things you own) under certain levels.
Generally speaking, your income must be below the Federal Benefit Rate (FBR) which is set at $783 for single individuals and $1,175 for married individuals. The income requirements can be a little tricky since not all income is counted.
Your resource limit is $2,000 for singles or $3,000 for couples. Like the income limit, there are resources that are not counted.
Here are a few links from the SSA that will help you learn more about SSI.
https://www.ssa.gov/pubs/EN-05-11000.pdf
https://www.ssa.gov/benefits/ssi/
I know someone that is 18 now but him nad his sister has been gettingsocial security from their dad who has passed and the 18 year old is still in school and will be a senior this year but he was kicjed out of where he was staying and is currently ataying with his mother who doesnt get anything from ssi or ss and i beed to know even tho the kid is 18 but still in school can he still get his montly check from his dad until he gfaduates high school if so i need to know im… Read more »