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Will My Mother's Social Security and SSI Benefits Stop When She Sells Her House?
Q:
My mother, who is 79, recently moved out of her home and into an apartment closer to me so I can help care for her. She receives both Social Security and Supplemental Security Income (SSI) benefits. When her house sells, will her benefits stop until all the money is gone? Does she need to report it to someone?
A:
Yes and yes. Your mother’s SSI benefits will stop until the proceeds are spent down, and she must report her assets to the Social Security Administration. However, her Social Security benefits will continue unaffected by her resources.
To learn more about Social Security benefits, click here.
To learn more about Supplemental Security Income (SSI), click here.
If this doesn't answer your question, click here.
Article Last Modified: 03/04/2015comments powered by Disqus
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