What other factors are considered in making a determination as to SSI coverage?
In addition to rules about income, people on SSI must have limited assets. Generally, individuals with assets under $2,000, or couples with assets under $3,000, can qualify for SSI. However, when Social Security figures your assets, they don’t count such items as your home, your car (unless it’s an expensive one) and most of your personal belongings. Your Social Security office can tell you more about the income and asset limits. For more general information, ask for a copy of the booklet SSI (Publication No. 05-11000).
