Does Social Security consider income and resources when determining eligibility for Social Security Disability Insurance (SSDI)?

Yes, Social Security does consider income and resources when determining eligibility for Social Security Disability Insurance (SSDI) in Virginia. This is because Social Security is a needs-based program, meaning that it is designed to provide assistance to those who are most in need. Income and resources are factored in when evaluating a person’s eligibility for SSDI because they are both used as measures of financial need. Income is used as a measure of what a person can earn from employment and other sources. Resources, on the other hand, are used to measure a person’s assets, such as property, savings, investments, and other forms of wealth. If an individual in Virginia has an income that is above the Substantial Gainful Activity (SGA) threshold, or if they have resources that exceed the amount established by Social Security, then their eligibility for SSDI will be impacted. In other words, if a person’s income or resources are higher than what Social Security considers “reasonable” for their needs, then they may not qualify for SSDI. To further complicate matters, factors such as family size and living situation can also impact a person’s eligibility for SSDI in Virginia. Therefore, it is important to speak with a qualified Social Security representative to better understand the specific requirements that apply to your unique circumstances.

Does Social Security consider income and resources when determining eligibility for Social Security Disability Insurance (SSDI)?

Related FAQs

Related Blog Posts