How does supplemental security income fit into this picture?
Supplemental security income - typically referred to as "SSI" - provides payments to people with low incomes and few assets. To qualify, you must:
(1) be living in the United States (or the Northern Mariana Islands)
(2) be a citizen of the United States or be legally living in the United States
(3) be age 65 or older, or blind, or disabled.
The base income level to be eligible for SSI depends on whether or not you work and where you live (some states have higher SSI rates and higher income limits than the national standard). The basic asset test is $2,000 for an individual or $3,000 for a married couple - although not all property owned is included - the primary residence and many personal belongings are exempt.
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