Is it true that a person can own a home and still be eligible for Supplemental Security Income (SSI) benefits?
Yes, a person who owns a home and lives in that home can be eligible for SSI benefits. To be eligible for SSI a person must have no more than $2,000 in countable resources (or $3,000 for a married couple). The following things usually dont count: The home you live in; Your personal effects and household goods; Some life insurance policies, depending on their value; and Your car. To learn more about what kinds of resources do and dont count, see the publication, Supplemental Security Income online at http://www.socialsecurity.gov/pubs/11000.html. You can request a copy by mail by calling 1-800-772-1213 (TTY 1-800-325-0778), or stop by your local Social Security office to pick one up. Question: Im in the hospital and my Supplemental Security Income (SSI) was reduced. Ive been here for a month and the doctor says Ill be getting out in a few weeks. How can I pay my monthly bills without my SSI? Answer: In most cases, if you live in a medical institution where your needs are being met, you
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- Is it true that a person can own a home and still be eligible for Supplemental Security Income (SSI) benefits?
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