SSI, which stands for Supplemental Security Income, is a program administered by the Social Security Administration (SSA) that is designed to provide financial assistance for the elderly, blind and disabled. As of January 1, 2013, the maximum monthly SSI benefit is $710 for an individual and $1,066 for a married couple, and this amount typically increases every January 1st. Unlike SSA, which determines eligibility based on how long you have worked or paid into the SSA system, SSI eligibility is based solely on financial need. Recipients must meet strict eligibility guidelines to qualify for SSI. You can review these guidelines is greater detail at the SSA website at https://www.ssa.gov.
Depending on the state you live in, you may qualify for a supplemental monthly benefit from the state, even if you do not qualify for the federal SSI benefit. Even with the state supplement, however, your total SSI benefit may fall below the poverty level. In addition, if you receive income from other sources, your SSI benefit will be reduced. Fortunately, SSI recipients are automatically eligible for Medicaid and may also qualify for food stamps and other government programs that provide assistance with paying rent and heating bills.
