QuestionMy son is 5 and has autism. He receives DSSI,yet we sold our house and moved. We had to or our house would be forclosed on. Now we rent a house and pay more in rent. I was told he could might lose his DSSI because we mad a small amount off of our house that I used for other bills. Is this true???
AnswerHere you go:
http://www.ssa.gov/pubs/11000.html#part3
Resources (things you own)
Resources that we count in deciding whether you qualify for SSI include real estate, bank accounts, cash, stocks and bonds.
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 that 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 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 (usually);
Burial plots for you and members of your immediate family; and
Up to $1,500 in burial funds for you and up to $1,500 in burial funds for your spouse.
This link should give you additional information:
http://www.ssa.gov/pubs/10026.html#ssi-benefits
Hope this helps,
Jon