"Unearned income" is all income that is not earned from your job or from your business. Some common types of unearned income are:
- The value of food or shelter that someone gives you, or the amount of money they give you to help pay for them;
- Department of Veterans Affairs (VA) benefits;
- Railroad retirement and railroad unemployment benefits;
- Annuities, pensions from any government or private source, workers' compensation, unemployment insurance benefits, black lung benefits and Social Security benefits;
- Prizes, lottery winnings, settlements and awards, including court-ordered awards;
- Proceeds of life insurance policies;
- Gifts and contributions;
- Support and alimony payments;
- Inheritances in cash or property;
- Rental income; and
- Strike pay and other benefits from unions.
You can find more information on SSI income in the booklet, "Understanding SSI".
|