Strict Income Requirements May Prevent You From Qualifying for SSI
Often times, individuals do not meet the criteria to qualify for Disability Insurance Benefits, or benefits based on the amount of credits they have earned over the course of their employment history. Fortunately, if a person does not have enough work credits, or does not have an employment history, the Social Security Administration offers a program called Supplemental Security Income.
Supplemental Security Income can be claimed by people who have limited income and few resources and are: Age 65, or older; blind; or disabled. Limited income in the state of New York means that you cannot earn more than $674 a month. Limited resources refers to things you own, such as bank accounts, real estate, stocks and bonds. More specifically, single individuals cannot have more than $2,000 in resources and $3,000 for married individuals.
Social Security does not count everything a person owns in determining their eligibility. For example, Social Security does not count:
The home you live in and land it is on
Life Insurance policies with a face value of $1,500 or less
Burial plots for you and members of your immediate family
Contact Us: Markhoff & Mittman PC 866.205.2415 or info@markhofflaw.com
Serving disabled individuals and their families since 1933. We handle cases througout New York City, Bronx, Brookyln, Queens, Long Island, Westchester and Rockland. We have offices in White Plains, Monsey, Bronx, East Meadow and NYC! Call us or email us today.
Often times, individuals do not meet the criteria to qualify for Disability Insurance Benefits, or benefits based on the amount of credits they have earned over the course of their employment history. Fortunately, if a person does not have enough work credits, or does not have an employment history, the Social Security Administration offers a program called Supplemental Security Income.
