Adults and children with a deformity or blindness who have resources below certain financial restrictions are eligible for a monthly allowance under the Supplemental Security Income program. Even if they are not handicapped, SSI payments are granted to those aged 65 and up who meet the financial requirements.
Even if you are already getting Social Security Disability Insurance or retirement benefits, the Social Security Administration states that you may be qualified for SSI monthly payments.
How Does It Work?
SSI is a centrally sponsored scheme, not a Social Security program supported by taxes. It makes monthly payments to cover basic bread, clothing, and housing requirements. The fundamental amount changes depending on your living situation and taxable income; therefore, everyone is not the same.
If your state contributes to SSI benefits, you could get extra. If you have other sources of income, such as pensions, or any such income, then your Social Security payout amount may decrease. If someone else covers your household expenditures for you or if you live with a partner who contributes income to the home, you may also get less payment from Social Security Benefits.
If you are unmarried and have much less than $2,000 in possessions or married and have even less than $3,000 in assets, you may be eligible for SSI.
You have resources in the form of:
- Bonds issued by the United States of America
- Bank accounts
- Life insurance
For whom the application forms are available online?
For people aged 65 and up, there are no online applications accessible. If you are 65 or older and want to determine if you qualify for SSI, you must call (800) 772-1213 to schedule an appointment to file your application. You can reach the SSA at TTY (800) 325-0778 if you are physically impaired.
The SSA will next analyze all the applications and resources before sending you a decision.