Updates from Solkoff Legal

2017 SSI & Spousal Impoverishment Standards

 

ssi report

SUPPLEMENTAL SECURITY INCOME (SSI) EFFECTIVE 1-1-17

 

SSI Federal Benefit 

Benefit Rate (FBR)

SSI Resource 

Standard

Income Cap 

Limit (300%)

Earned Income Break Even Point Unearned Income Break Even Point
Individual 735.00 2,000.00 2,205.00 1,555.00 755.00
Couple 1,103.00 3,000 n/a 2,291.00 1,123.00

 

Substantial Gainful Activity (SGA) Limit: 1,170.00 (Blind SGA: 1,950.00)
CPI Increase for 2017: 1.5%
CPI Increase, Since September 1988: 101.5%

 

SPOUSAL IMPOVERISHMENT EFFECTIVE 1-1-17 UNLESS OTHERWISE NOTED

Minimum Monthly Maintenance Needs Allowance (MMMNA): (Effective 7-1-16)
2,002.50 All States (Except Alaska and Hawaii)
2,502.50 Alaska
2,302.25 Hawaii

Maximum Monthly Maintenance Needs Allowance: 3,022.50

Community Spouse Monthly Housing Allowance: (Effective 7-1-16)
600.75 All States (Except Alaska and Hawaii)
750.75 Alaska
690.68 Hawaii

Community Spouse Resources:
Minimum Resource Standard: 24,180.00
Maximum Resource Standard 120,900.00

Home Equity Limits:
Minimum: 560,000.00
Maximum: 840,000.00

 

Click here to read the report.

 

Solkoff ResourcesWELCOME

Because each person’s case is different, because laws and rules change rapidly, because different states can have different laws and because this article was not written as legal advice, you should not rely upon this article or any other resources on www.solkoff.com as legal advice. You may link to the articles and pages on www.solkoff.com. If you wish to post, copy or distribute the articles or any portion thereof, we invite and require you to first obtain written consent from Solkoff Legal, P.A. All articles are Copyright :copyright: Solkoff Legal, P.A. unless otherwise stated.