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Applying for Social Security can be very confusing when trying to figure out which programs you qualify for. There are two main programs: Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI).
SSI is a need-based program based on household income and assets. What counts as an asset? Many different things can be counted against you in terms of how many assets you have. Here is the breakdown:
Assets that count
Assets that don’t count
All these assets are subject to change on a case-by-case basis and nothing is ever exact when determining what is an asset. If your resources are found to be over the limit, you will receive a technical denial from the Social Security Administration explaining this.
Need help understanding SSI? Contact Jan Dils Attorneys at Law anytime at 877.526.3457. We have an experienced team of West Virginia Social Security Disability attorneys and one of our representatives will be happy to answer your questions. Or if you’d prefer to contact us online, please fill out this form and we will respond to you shortly.
Jan Dils, Attorneys at Law