2. SSA vs SSI—YOUR BENEFITS
SOCIAL SECURITY: PAYOUTS VARY
Social Security (SSA) guarantees income in old age if you
or your spouse worked approximately 10 years. If you take
benefits before full retirement age, they are reduced
based on your age and whether you continue to work.
Wills & Estate Planning Probate & Administration
Tax Planning Business Succession Elder Law
3. SSA vs SSI—YOUR BENEFITS
SSI: THE WELFARE SAFETY NET
If you do not qualify for SSA benefits and are over 65
or blind or legally disabled, you may qualify for
Supplemental Security Income (SSI) to help you
maintain a minimum standard of living.
Wills & Estate Planning Probate & Administration
Tax Planning Business Succession Elder Law
4. SSA vs SSI—YOUR BENEFITS
SSI RESTRICTIONS AND BENEFITS
SSI eligibility is based upon income and resources
excluding your home and car (less than $2000/$3000
for single/couple). Earn less than $710 per month
and SSI will boost your income to that amount.
Wills & Estate Planning Probate & Administration
Tax Planning Business Succession Elder Law
5. SSA vs SSI—YOUR BENEFITS
ADVANCE PLANNING IS KEY
If you haven’t gotten a statement from Social Security
about benefits eligibility, do so now. Working more or
longer can ensure better benefits later. An elder law
attorney can help ensure you enjoy maximum benefit.
Wills & Estate Planning Probate & Administration
Tax Planning Business Succession Elder Law