There are currently more than 4.7 million Americans who depend on Supplemental Security Income (SSI) as their main resource for money. In order to receive these benefits though, individuals must meet certain income requirements. Acquiring more funds than the law limits will lead to a loss of benefits.
An article from ABC 6 News told of how one woman had been negatively affected by these rules after her home burned down. Reports indicated the woman had been diagnosed with an autoimmune disease more than 15 years ago and was later awarded a meager benefits package from the Social Security Administration (SSA) due to her lack of income caused by the condition. When her house burned to the ground last February though, the woman was awarded a $47,000 settlement check from her homeowner’s insurance policy.
The woman was required to report her income and spending to the SSA, but was shocked to learn her payments were halted due to the check she received for her home. The SSA argued the money counted against the woman’s annual income, which is limited to $2,000 per month, and made her ineligible for benefits.
While the victim has been allowed to reapply for SSI, there is no knowing when a resolution in the matter will be reached.
The Social Security Disability Lawyers with Fleschner, Stark, Tanoos & Newlin recognize how complicated the process can be to receive benefits. That is why the firm is here to help anyone considering applying for such assistance.