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Note: If Your Resources Increase, You Could Lose Your SSI Benefit

The amount of resources you entered for this situation (minus the amount of resources you included in a PASS, if any) is close to the maximum resource limits permitted for continued SSI eligibility. If you exceed the resource limits, you could lose your SSI benefits. Refer to the text result and double-check the amount you entered, and note your allowable limit.

NOTE: Your total resources include those resources that may be deemed to you from others. If you are under age 18, you may be subject to parental deeming. If you are married, spousal deeming may apply.

You should make sure that what you have reported as resources are, in fact, countable resources as defined by SSA. Not everything a person has is a resource and not all resources count. See the topic "SSI Resources - Definition" for help in determining what your resources are. Remember that not all assets are considered resources, and some resources are excluded.

NOTE: If you find that your resources have been incorrectly reported to SSA, you should contact your SSA Claims Representative immediately to report the discrepancy.

If your resources are reported correctly, you should pay particular attention in coming months to their value. If, on the first moment of any month, your resources exceed the limit, you are ineligible to receive SSI benefits for that month.

If your countable resources exceed the resource limits because you have nonliquid resources you cannot convert to cash for support and maintenance immediately, and your countable liquid resources fall below certain limits, you may be eligible to receive conditional payments. You will have to agree in writing to sell the excess nonliquid resources and repay the conditional payments. This will allow you to receive a monthly check during the period you would otherwise be ineligible for SSI benefits. See the topic "SSI Resources - Conditional Payments" for more information.

IMPORTANT: If you lose your SSI eligibility due to excess nonliquid resources and can meet the requirements discussed above, you can apply for conditional payments in order to continue receiving a monthly check. Contact your SSA Claims Representative for further information.

Note that if you use some of your resources to help prepare for and obtain a job, or start a business–and therefore become more self-supporting–and include those resources in an approved Plan for Achieving Self-Sufficiency (PASS), those particular resources will be excluded from your countable resources. For example, if you have a savings account, whose value is increasing due to accrued interest, applying some or all of that particular resource to a PASS would allow you exclude the portion in your PASS when determining eligibility for SSI. This may permit you to maintain your SSI eligibility while you prepare for a new or better occupational goal.

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