what is ssi

SSI stands for Supplemental Security Income. It is a federal program administered by the Social Security Administration that provides monthly payments to people with limited income and few resources. The program is designed to assist individuals who are 65 or older, as well as those of any age, including children, who are blind or have disabilities. To be eligible for SSI, individuals must meet specific financial criteria and have limited income and resources. The program is distinct from Social Security benefits and has different eligibility requirements. SSI benefits are paid on a monthly basis, and the amount can vary based on income, living arrangements, and other factors. Some states also provide supplemental payments to enhance the federal SSI benefit amount. The maximum federal SSI benefit amount changes yearly, and in 2023, the Federal benefit rate is $914 for an individual and $1,371 for a couple. Additionally, SSI recipients may be eligible for food assistance, and in some states, an application for SSI also serves as an application for food assistance.