| 3/21/2010 |
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SOCIAL SECURITY (SUPPLEMENTAL BENEFITS) Question: What is Supplemental Security Income? Answer: Supplemental Security Income is monthly payments made to people with low income or few assets. It is called SSI but it does not come from Social Security Taxes or the Social Security Trust Funds. Question: Where does the money come from? Answer: Supplemental Security Income payments are financed by the general revenue funds of the U. S. Treasury. Question: Who can receive SSI payments. Answer: People who are sixty five years old or older, the blind and the disabled. Question: Can my child get Supplemental Security Income? Answer: Yes. If the child is disabled or blind and fall in the low income and assets category. Question: Who makes the determination if I can qualify for SSI? Answer: Each state has it's own rules and regulations regarding who is eligible to receive SSI. Some states may even add addition money to the national basic rate. Question: How can I find out if I qualify for Supplemental Security Income? Answer: Contact your local Social Security Office. Contact your local Social Security Administration office for information on filing for Supplemental Security income.
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| Finance Topic of the Month: Why Is It So Hard To Get Out Of Debt? | |||||||
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