Here’s a topic that perplexes a lot of folks, clients and lawyers alike. What happens when a child is found disabled and entitled to SSI, if his or her parents have income? How much will be deducted from the child’s monthly benefit? The answer is complicated but the article which can be found at this link offers some useful advice.
Here are a few important points about SSI financial eligibility:
• SSI is paid to individuals who are disabled AND who meet financial eligibility rules.
• SSI eligibility is measured month-by-month
• SSI financial eligibility depends on meeting two tests: a resource (asset) test and a monthly income test, counting any income received during any day of the month.
• There is no resource sliding scale: a claimant is either under the $2,000 individual or $3,000 couple resource test, or the claimant is over the standard and not eligible for any benefits that month.
Resources do not affect the amount of the SSI check received.
Income does.
For helpful information on this topic, see http://www.floridaspecialneedslaw.com/2009/01/articles/ssi-1/deeming-2/how-to-calculate-parental-deeming-amounts/