WHY ARE RESOURCES IMPORTANT FOR SSI?

Resources are things that you own and can turn into cash. To get Supplemental Security Income (SSI) benefits, things you own that we count must be worth $2,000 or less for an individual, or $3,000 or less for a couple.

    Not all the things you own count as resources for SSI.
    It is possible for people who have businesses to get SSI.

spotlight

DOES PROPERTY THAT YOU NEED FOR SELF-SUPPORT COUNT AS A RESOURCE FOR SSI?

Some property that you own and you use to support yourself never counts as a resource. For example:

    small blue and black arrow
    property that you own and use in a trade or business, such as a gas station, farm, beauty parlor;
    small blue and black arrow
    personal property that you use for work, such as tools, uniforms, or safety equipment; or
    small blue and black arrow
    government permits that allow you to do something to produce income, such as permits for commercial fishing or to grow tobacco.

Some property may count, but often does not, or we may partly exclude it. For example:

    small blue and black arrow
    property you use to produce goods or services that you need in your daily life, such as land, or equipment that you use to grow vegetables or raise livestock that you and your family eat; or
    small blue and black arrow
    non–business property that produces income such as land or real estate or equipment you rent to someone.

Other things that you own may not count for SSI either.


THIS INFORMATION IS GENERAL.
FOR MORE INFORMATION, CALL 1–800–772–1213 (TTY 1–800–325–0778),
VISIT OUR WEBSITE (www.socialsecurity.gov) ON THE INTERNET,
OR CONTACT YOUR LOCAL SOCIAL SECURITY OFFICE.