Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article Supplemental Security Income: What It Is and How You Qualify originally appeared on NerdWallet.
Supplemental Security Income: What It Is And How You Qualify
Kurt Woock, NerdWallet.com
Fri, 06/30/2023 - 4:26pm
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- Who is eligible for Supplemental Security Income (SSI)?
Supplemental Security Income benefits are paid out of general U.S. Treasury funds, not from Social Security taxes. You need not have worked a certain amount, or paid FICA taxes, to be eligible. Forty-four states and the District of Columbia offer supplemental SSI payments.
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12/15/2024 - 8:05 am | View Link - What is the Supplemental Security Income (SSI)?
Supplemental Security Income (SSI) is a benefit program managed by the Social Security Administration that provides monthly payments to people who are older, blind or have a disability and face significant financial challenges. About 7.5 million people received SSI benefits in September 2023, including nearly 2.4 million people ages 65 and older.
12/15/2024 - 5:13 am | View Link - What Counts as Income For SSI?
Income is a key factor in determining eligibility for Supplemental Security Income (SSI), a monthly benefit for people in financial straits who are 65 and older, blind or have a disability. The Social Security Administration (SSA), which operates the program, strictly regulates the type and amount of income someone can receive and still qualify ...
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Being married can have a major impact on what you receive in Supplemental Security Income (SSI), a Social Security-administered benefit for low-income older and disabled people, in two important ways: If you and your spouse both qualify for SSI, you are subject to a maximum couple’s benefit, which is less than the sum of two individual benefits.
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