Jorgensen Law

SSI Resources and Assets

You must have a qualifying disability, have zero or very little monthly income and your Resources and Assets must be valued less than the allowable amount.

In order to qualify for Supplemental Security Income (SSI) disability benefits, you must have a qualifying disability, have zero or very little monthly income and your Resources and Assets must be valued less than the allowable amount. In 2011 the allowable amount for resources and assets is $2000 for individuals and $3000 for married couples.

Resources are things you own such as cash, bank accounts, stocks, bonds, land, life insurance, personal property, vehicles, etc…

According to the Social Security Administration, the following resources are not counted against you for SSI qualification:

 

More information about SSI resources can be found here: https://www.ssa.gov/ssi/text-resources-ussi.htm.

If you have been denied disability benefits, or if you are going to apply for disability benefits, talk with an experienced disability attorney. Click here for a free consultation with an experienced disability attorney in the Southern California area (San Diego, Riverside, Los Angeles, etc…).