I inherited my family home. I lived there for 1yr with my mom till she passed. Dad passed 2yrs earlier. I lived there for 4 more yrs before selling. I just cldnt afford it any more. The home was all paid for when I got it. Do I have to report it to SSI and SSDI. I get both. And how long do I have to report it. Thank you
I'm sorry for your loss. Yes, Supplemental Security Income (SSI) is needs based, so if you receive SSI then you need to report any changes in your assets, such as the sale of a home you own. Whether or not you would continue to be eligible for SSI likely depends on how much you received from the sale and what you do with the proceeds.
Selling your home would not, however, have any effect on your Social Security disability (SSDI) benefits. If SSDI was the only benefit that you were drawing, then Social Security wouldn't need to be informed of the sale of your home. SSDI benefits are not needs based, unlike SSI.