The Supplemental Security Income (SSI) program aids individuals with low income and limited resources who often struggle with daily expenses. This federal government program focuses on helping those who have a hard time paying their bills every day. In this article, you will get a better understanding of how the Supplemental Security Income (SSI) program works and how it improves the quality of life for many.
What to Know About Supplemental Security Income (SSI)
The essential information you need to know about the program is that it is a federal program funded by general taxes. SSI is available through the Social Security Administration (SSA). The SSI gives monthly payments to qualifying people to help in getting basic needs such as food, housing, clothing, and more.
Who is the SSI Program For?
One of the SSI’s biggest advantages is that it is simple and completely free of charge to apply. You can easily check your eligibility without spending any money. However, it is best to keep in mind that applicants are eligible to receive SSI if they meet the following requirements:
- Have limited income
- Have limited resources
- Are disabled, blind, or at least 65 years old
- Have a qualifying citizenship status
In some cases, a person may automatically be entitled to receive SSI if they already benefit from another program.
How Can You Tell If You are Ineligible?
You may be ineligible to receive SSI for certain reasons. Check the following disqualifications before applying:
- An applicant is in jail or prison, has a felony that is outstanding, or has an outstanding arrest warrant.
- The applicant is part of a public institute.
- An applicant gives away resources.
However, even if you think you may be ineligible you can still apply since the application is free. The worst case scenario is that you just waste your time!
What “Disability” Means
A person may be qualified for SSI if they have a disability. However, there are some key points to remember about disability while applying. The SSA can only approve of certain disabilities if it’s physical or mental and can be determined medically. The disability must fall under any of the following guidelines:
- Has continued for 12 consecutive months or more.
- Will probably last for more than 12 consecutive months.
- Is likely to result in death.
- Is an obstacle when it comes to performing significant productive activities.
How Much Can You Expect Regarding Payments from SSI?
Payments mainly depend on two factors: your current financial circumstances and the maximum payment limit set in 2024. The maximum limits are:
- $943 per individual/child.
- $1,415 per couple.
What Are The Income Limits?
The income limits set in 2024 are $1,971 per month for individuals and $2,915 per month for couples. These income limits are important to remember when applying for the SSI program and could change. There are some forms of income that the SSA will not include when determining your income limits. This includes:
- Scholarships, grants, and fellowships that are used for covering tuition fees
- The first earned $20 of a monthly payment
- Home energy assistance
- Random amounts of income that are small and don’t happen often
- Income tax refunds
Ways to Apply for the SSI Program
One of the many benefits of the SSI program is that you can apply to it in various ways. You can either apply through a phone call or online, depending on your preferences. When applying online, the process usually takes no longer than 10 minutes. It may be beneficial to make sure your internet connection is strong before starting the application! You will first need to inform the SSA that you are requesting an application for SSI. Then, you will need to fill out a list of personal information like:
- Name & date of birth
- Mailing address
- Phone number
- Social Security number
- Email address (optional)
After submitting your application, you will be contacted by a representative from the SSA who will assist you in your application. Expect an email or mail within seven to 14 business days with details of your scheduled meeting. It’s also possible for the SSA representative to get in touch with you through a phone call. It’s always advised to submit your application as early as you can to get the benefits and support of SSI as fast as possible.
Summing Up the SSI Program
The Supplemental Security Income (SSI) program targets people with little to no income and limited resources to help improve their current financial state. The basic criteria of eligibility for this program are a proven limited income and limited resources. On top of that, applicants should be 65 years old or above, be blind or suffer from a disability. You can choose to apply through the phone or online. You can also contact your local SSA to find out more about the program or application process!
