The Supplemental Security Income (SSI) Resource Limit and Common Solutions
Article Publication Date
Summary
Justice in Aging, in collaboration with the ABLE National Resource Center, recently released a fact sheet describing the Supplemental Security Income (SSI) resource limit, how it works, and common solutions.
SSI has a resource limit of $2,000 for an individual and $3,000 for a married couple. This resource limit can make it difficult for older adults and individuals with disabilities to deal with emergencies when they arise, save money for routine expenses, or make financial plans for their future. The new fact sheet can help advocates identify and resolve resource limit issues, and understand how increasing the resource limit could improve financial security for older adults and people with disabilities.
SSI has a resource limit of $2,000 for an individual and $3,000 for a married couple. This resource limit can make it difficult for older adults and individuals with disabilities to deal with emergencies when they arise, save money for routine expenses, or make financial plans for their future. The new fact sheet can help advocates identify and resolve resource limit issues, and understand how increasing the resource limit could improve financial security for older adults and people with disabilities.