Social or Supplemental Security Income (SSI)

Supplemental Security Income (SSI) is a federal program that provides financial assistance to individuals who are elderly, blind, or disabled and have limited income and resources. The program is administered by the Social Security Administration (SSA) and is designed to provide a basic level of income to help eligible individuals meet their basic needs, such as food, clothing, and shelter. To be eligible for SSI, an individual must meet certain income and resource requirements. Income includes wages, Social Security benefits, and other sources of income, while resources include assets such as cash, bank accounts, and property.

In addition to providing financial assistance, SSI may also provide access to other benefits and services, such as Medicaid, which can help eligible individuals pay for healthcare services. The amount of financial assistance provided by SSI varies depending on the individual's income and resources, as well as their living situation. For example, individuals who live in their own home may receive a different amount of assistance than those who live in a group home or nursing home.

SSI is an important program that provides critical financial assistance to individuals who are elderly, blind, or disabled and have limited income and resources. Eligible individuals should work closely with the SSA to understand their eligibility and to apply for benefits. Supplemental Security Income provides a monthly payment made by Social Security to disabled, blind, or elderly adults aged 65 or more who have limited resources and income. These extended benefits from SSI are not the same as retirement or disability benefits from Social Security.