Supplemental Security Income
Like Social Security, Supplemental Security Income (SSI) is a program administrated by the Social Security Administration that pays monthly benefits. Unlike Social Security, SSI isn't based on work history. In most states, SSI beneficiaries can also qualify for Medicaid and food assistance. To qualify, applicants must be at least 65 years old, disabled, or blind.
To receive SSI, a person's income must fall within certain limits. Estimating SSI benefits, which are also affected by the applicant's material resources, is a simple calculation that begins with the current Federal Benefit Rate.
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