The Supplemental Security Income program, known as SSI, is a federally administered program.
Unlike Medicare or Medicaid, SSI is a federal welfare program that pays monthly cash benefits to individuals who fall within 1 of 3 categories:
Commencing January 1, 2016, there are new Medicaid amounts reflecting medicaid eligibility. This is the third of a four-part series of updates for 2016. Click here to read part one or part two. 2016 Asset and Income Allowances One Person Two People…
It is a little-known but important fact that receiving benefits of one kind can affect benefits of another kind, sometimes adversely.
Take the case of Sally and her son, Paul. Sally is a constant advocate for Paul, who has special needs. Paul is currently receiving Medicaid and Supplemental Security Income (SSI). Sally is also receiving Medicaid.
As millions of Baby Boomers approach retirement age they are faced with a task most never thought they would have – supporting their parents. More and more Boomers, who should be planning for their retirement years, see a portion of…