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Resource Limits - SSI

You can lose your SSI eligibility if your "resources" exceed certain limits.

NOTE: Since January 1989, the applicable resource limits have been $2,000 for an individual without a spouse and $3,000 for an individual with an eligible spouse or an ineligible spouse if you are living together.

For SSI purposes, a resource is cash or other liquid assets and any other real or personal property that you (or your spouse, if any) own and could convert to cash to obtain support and maintenance. If you have the right, authority or power to liquidate the property, it is considered a resource.

Not all of your resources count in determining SSI eligibility. Countable resources are those remaining after eliminating from consideration any asset that is not a resource and after applying all appropriate exclusions to the assets that are resources. Countable resources, which are determined on a monthly basis, are compared with the statutory resources limit to determine whether an individual (or couple) is eligible for that month.

Note that you can set aside resources in a Plan for Achieving Self-Support (PASS ) if SSA agrees that the resources can help you become more self supporting. If you include any resources in a PASS, do not count them when answering WorkWORLD's resource question.

NOTE: As of March 9, 2005, SSA has changed its resource-counting rules in the SSI program by eliminating the dollar value limit for the exclusion of household goods and personal effects. As a result, SSA will not count household goods and personal effects as resources. For more information see:
http://www.ssa.gov/regulations/articles/rin0960_af84f.htm

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