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How much money can you have in the bank to get SSI?
WHAT IS THE RESOURCE LIMIT? The limit for countable resources is $2,000 for an individual and $3,000 for a couple.
What can you not do while on SSDI?
To remain on SSDI, you are not able to make more than the SGA, or Substantial Gainful Activity, threshold each month. Currently, this value is set at $1,350. This means that most people on SSDI can only work extremely limited hours at low-income positions.
What is the 12 month rule for SSDI?
You cannot do work you did previously or adjust to other work because of your medical condition. Your condition has lasted or is expected to last for at least 1 year (12 consecutive months) or to result in death.
How much do you get for SSI and SSDI at the same time?
If you qualify for both SSDI and SSI, the combined maximum payment you can receive is $943 per month in 2024. Your total monthly payment does not equal the maximum amounts for SSDI and SSI together.
What is the $1000 rule for SSI?
To be eligible for SSI, you must also have little or no income and few resources. The value of the things you own must be less than $2,000 if youre single or less than $3,000 for married couples living together.
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