If you are applying for SSI there are a few policies they won’t tell you, even though you really need to know them:
🐳 These policies are for SSI only. Nothing here matters one whit for SSDI.
🐳 If you are receiving a free or discounted place to live or if someone is giving you money for rent or mortgage or food, please read this very important article and this very helpful sample agreement and also this page about rent.
🐳 If you are married. When deciding if you are eligible, they will count the income and assets for your spouse. For some people, this means their check will be very low or they will not qualify at all.
🐳 If you are living with someone. They will not count the income from your boyfriend or girlfriend, unless…. you are living together and Social Security decides your arrangement is more like a marriage. This does not happen often, but does come up for some people. For some people, this means their check will be very low or they will not qualify at all.
🐳 If your children have savings, do not put your name anywhere on a bank account that belongs to your children, even as a custodian. Your spouse should not do this either. If you have no choice and have to do this, make sure the total of all bank accounts and assets is below the limit by the end of each month ($2,000 if single, $3,000 if married).
🐳 Before you spend a lot of time reading SSI policies, I should let you know that these policies may be very important or they may be totally meaningless. If you are only applying for SSI then they are very important! If you are applying for both SSI and SSDI, it depends if you think you will be getting ongoing SSI payments. Here’s how to tell: How Important is it that I Read All These SSI Rules?
🐳 Some people wind up losing their SSI checks, or getting a very low check, or owing money back, or not getting any backpay, because they don’t know the rules. Sometime when you have a chance, you may wish to read the rules so you don’t have this problem: How to Stay Out of Hot Water with SSI
🐳 Also helpful (I hope): How to Survive Financially While Applying