A: Moving to a nursing home can affect your mother’s SSI benefits, but it depends on the type of facility. In some cases, the SSI payment may be reduced or stopped. Whenever your mother enters or leaves a nursing home, assisted living facility, hospital, skilled nursing facility or any other kind of institution, it is important that you tell Social Security.
Q: What are the limits on what I can own to be eligible for Supplemental Security Income?
A: Social Security counts real estate, bank accounts, cash, stocks, and bonds toward the limits on what you can own. You may be able to get SSI if your resources are worth no more than $2,000. A couple may be able to get SSI if they have resources worth no more than $3,000.
If you own property you are trying to sell, you may be able to get SSI while trying to sell it. Social Security does not count everything you own in deciding whether you have too many resources to qualify for SSI. For example, we generally do not count: the home you live in and the land it is on; life insurance policies with a face value of $1,500 or less; your car; burial plots for you and immediate family; and up to $1,500 in burial funds for you and up to $1,500 in burial funds for your spouse.
Learn more about SSI at www.socialsecurity.gov/ssi.
This column was prepared by the Social Security Administration. For fast answers to specific Social Security questions, contact Social Security at (800) 772-1213.