disability lawyers


SOCIAL SECURITY DISABILITY ASSET LIMIT ?





I thought I'd comment on this because the question has been brought up more than once. There are, obviously, two separate disability programs operated by the social security administration. One is social security disability and the other is SSI disability, which can provide a monthly disability benefit to individuals who are not insured for SSD (social security disability).

Is there an asset (i.e. resource) limit for social security disability benefits? No. There is no asset limit to either apply for SSD or receive SSD.

Is there an asset limit for SSI disability? Yes, there is. To file for SSI disability and to receive SSI disability benefits, an applicant cannot have countable assets in excess of two thousand dollars.

What are countable assets? They include a number of things. However, the home you own and reside in is not one of them. Neither is the car that you use for your primary transportation.

Additional cars, and other real property, though, would count against the $2,000 limit. And this is simply because SSI is a need based program whereas social security disability is a benefit that people qualify for as a result of contributions paid into the social security system (typically through payroll check deductions).








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