Ask Larry

Supplemental Security Income

Does Cryptocurrency Count Towards The $2K Limit For SSI Payments?

Hi, Larry. I've been living on SSI for about 6 years and I've been wanting to get into stocks and bonds recently. I know those are something SSI would count towards my 2K limit in property, though I am curious whether cryptocurrency counts towards it. I have read it does not for SSDI as it is different, but I cannot find an answer on SSI. Thank you.

Friday, June 17, 2022 - 13:25

What Do I Need To Do With The Extra Money From Selling My Home To Avoid Any Issues With My Supplemental Security Income?

Hi I just started receiving Social Security Disability supplemental income due to a motorcycle accident I was involved in I currently own my own home no mortgage only property tax is what I pay I had this all ready when I got supplemental Social Security income I also have a caregiver who takes care of me my question is my home has a big mold problem which affects my health I'm forced to sell my home to put myself into a better home that is in the healthy environment my home sold for 350, 000 I'm in the process of purchasing another home for 285,000 what do I need to do with thi

Wednesday, May 25, 2022 - 16:25

Is There Any Way To Transfer My Home To My Children And Keep SSI And Medicaid?

Is there any way of transfering my home to my children and keeping the medicaid insurance I have with ssi. they tell me there is a 3 year penalty

Hi. My expertise is limited to Social Security benefits. I have a better than average understanding of the Supplemental Security Income (SSI) program, but Medicaid is administered by the individual states and I have no expertise in that program.

Tuesday, May 3, 2022 - 12:26

Is It Worth It To Challenge Social Security's Decision To Disallow Benefits For My Disabled Son?

Social security is denying payment to my 4 year old son who has been classified as disabled because they say we are over resources because we have two cars. One car we are paying on to it has been excepted but my husbands truck is paid off and they are stating it is worth a lot more than it is. On top of that, the truck has a lien against it because it is being held as collateral for a tractor loan that he has. And even worse is the truck is not worth much because it needs a new engine but we can’t sell it for what we owe on the tractor. Is this worth fighting for?

Monday, May 2, 2022 - 10:42

Will My Tax Exempt VA Pension Affect My Fiancee's SSI If We Get Married?

I am a retired Veteran and get a VA pension based on my disability. The rate I get is the 100% individual unemployability. ($3,535 per mont). I thinking about getting married. My fiance has SSI. Will my tax exempt VA pension effect her SSI income when we get married? When I start getting my retirement will that a income effect her SSI when we are married?

Friday, April 22, 2022 - 11:19

Is It Possible For Me To Get Full SSI Payments?

If I've been drawing my SSI and I'm not going to be able to work any more and have been drawing it for more than 20 years or more is it possible that I can get my full income SSI payments how do this work what I have to do to see what I have to do

Hi. By "SSI", I'm not sure if you mean Supplemental Security Income (SSI) or regular Social Security benefits. The amount of a person's regular Social Security benefit normally doesn't change unless they work and earn additional Social Security covered earnings after they start drawing.

Sunday, April 10, 2022 - 08:03

What Is My Best Option?

I was told by a social security agent my Spousal Benefit would add $600 to my total monthly income, so I accepted my Spousal Benefit about a month ago.
However the Spousal Benefit increase stopped my SSI disability benefit and possibly Medicaid and stopped my EBT food stamp benefits and now my income is at least $200 less per month. I want to stop my spousal benefit and have my old benefits and income back.
What a mess, should I file
request for reconsideration,
or file request for withdrawal, or file for misinformation,

Thursday, March 24, 2022 - 13:24

Can You Tell Me Why Social Security Did This?

When social security used to send letters out, they said that my income work credits were 36.
Then when my Mom passed away in 2017, and left me SSI was terminated. I didn't ask right away for my benefits to be "reinstated" because I still had enough money (but still over the asset limit for SSI).
Then, after I hurt my leg in an accident, I tried to get my benefits reinstated. But they said I waited too long, and I has to really all over again.
Now, they say that I only have 31 credits, and I won't qualify for retirement, or medicare.

Monday, March 14, 2022 - 12:30

Now What?

My sis benefits were cancelled because they said I made too much money? I am paralyzed and in a wheelchair..."I CANNOT WORK.....the money was child support which shouldn't be considered income? Now what?

Wednesday, February 23, 2022 - 08:47
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