Can you have assets and apply for disability? That depends on which disability program you may qualify for. There are two disability programs: Social Security Disability Insurance which is known as SSDI and Supplemental Security Income—commonly referred to as SSI. Qualifying for SSDI is based on your inability work is not dependent on how much you own in assets.

However, for SSI Social Security will take into consideration the amount of your assets, because it is a needs-based program for individuals with no income or very little income. To be eligible for SSI, your assets must be less than two thousand dollars for an individual and less than three thousand dollars for a married couple. In addition, there are earned income and unearned income limits that you may not exceed. The requirements for SSDI and SSI are complicated and Social Security has an application with many questions to determine your eligibility.


Sean D. Cuddigan
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SSA and VA Disability Attorney in Omaha, Nebraska