Can I get SSI benefits if I have excess resources? |
To get SSI benefits, your countable resourcesresources must not be worth more than $2,000 for
an individual, or $3,000 for a couple. However, you may be able to get benefits
if you agree to sell some of your countable resourcesresources.
|
|
What kinds of things can I sell? |
You can sell the following types of things:
| real property, such as land or a house that you don't live in; or |
| personal property, such as non–excluded vehicles (for example, a second car). |
|
How does this work? |
| While you are trying to sell real property, you can receive SSI benefits for up to nine months under certain conditions. |
| While you are trying to sell personal property, you can receive SSI benefits for up to three months. |
| And, we may pay you even longer if you meet certain conditions. |
|
What do I have to do? |
|
Your SSI benefits cannot begin until after you sign a conditional
benefits agreement, and we accept the agreement. |
|
The agreement form is available at your local Social Security office.
Please ask us for more details. |
|
What happens after I sell my real and/or personal property? |
|
You will have to pay back some or all of the SSI benefits
you received while trying to sell the property. |
|
You may continue to get SSI benefits. Please contact your local Social Security
office to find out if your SSI benefits will continue after the sale. |
|
Return to Top of Page |