Ohio residents and others who are facing financial issues may qualify for Supplemental Security Income, or SSI, from the federal government. It is generally reserved for people who have limited incomes, are blind or who are over the age of 65. Individuals who apply for SSI must generally be either citizens or lawful residents of the United States. An individual may be considered to have a limited income if he or she makes $771 or less per month.
A senator from Ohio has renewed his efforts to increase the asset cap that applies to individuals receiving Supplemental Security Income payments. The current federal limits for people to get these funds is $2,000 for a single person and $3,000 for a married couple. If people exceed those asset limits, then they are not eligible for SSI benefits. The limits were established in 1989, so the senator has called them out of date and arbitrary.
The process of applying for Supplemental Security Income in Ohio may allow you the ability to secure reliable financial support if your age or disability prevents you from sustaining a job and having adequate financial resources to live. Determining whether or not your claim is approved is the responsibility of representatives who look at your application and make decisions about your eligibility based on the information you have provided.
The Social Security Administration runs several programs that provide financial assistance to people in need, not only in Ohio but across the nation. Among the most commonly used of these are Supplemental Security Income, also known as SSI, and Social Security Disability Insurance, which sometimes goes by the abbreviations SSD or SSDI. According to the National Council on Aging, they are similar in that they provide benefits partly on the basis of long-term disability. Between that and the similarities between their abbreviations, it is understandable that you may confuse the two. As a matter of fact, however, they are significantly different in other respects.
As an Ohio resident who has been injured or disabled to the point of being unable to work, there are still financial options available that can allow you to support yourself. Today, Manring & Farrell will discuss one of them: supplemental security income.