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In May 2016, will my ssi be cut off since i am a home owner?

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In May 2016, will...

In May 2016, will my ssi be cut off since i am a home owner?

Accountant's Assistant: Thanks. Can you give me any more details about your issue?

What does the new law say?

Submitted: 2 years ago.Category: Social Security
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Answered in 7 minutes by:
2/15/2016
Social Security Expert: Christopher B, Esq., Attorney replied 2 years ago
Christopher B, Esq.
Category: Social Security
Satisfied Customers: 4,150
Experience: associate attorney
Verified

My name is***** and I will be helping you with your question today. This is for informational purposes only and does not establish an attorney client relationship.

The new law (HR 1314) does not effect SSI (Social Security Supplemental income). It only closes several loopholes regarding the spousal benefit which include the "file and suspend" and the "restricted filing". Owning your home continues to be excluded from the resources that count for the eligibility of SSI. This change does not effect you regarding home ownership.

Please let me know if you have any further questions and please positively rate my answer if satisfied.

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