https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568575#M5687 <P><FONT color="#FF0000"><STRONG>NOBODY gets $ 1300 from SSI ( Supplemental Security Income)</STRONG></FONT> - Supplemental Security Income is different than a Social Security Benefit of Retirement, Social Security Disability or Survivors benefits.</P><P>&nbsp;</P><P>I’m betting you are talking about a Social Security Benefit of Retirement- and in that case, there is NO limit to the amount of money one can have in their bank account(s).</P><P>&nbsp;</P><P>This is different than SSI (Supplemental Security Income) because SSI is a welfare program for those who are blind, aged or disabled who have NO or little Social Security benefits. &nbsp;And since it is a welfare program, there is a $ 2000 limit to what one can have in their bank account(s) at the end of every month. &nbsp;BTW, the MAXIMUM SSI benefit is $ 943 a month and is offset (reduced) by any in-kind payments.</P><P>&nbsp;</P><P>The Social Security Administration oversees both programs - the EARNED programs of Social Security Retirement or Old Age, Disability and Survivors benefits AND the WELFARE program of Supplemental Security Income (SSI). &nbsp;Different programs / different rules.</P><P>&nbsp;</P><P>Don’t use government abbreviations unless you know specifically what they are -&nbsp;</P><P>&nbsp;</P> Sun, 08 Sep 2024 18:43:55 GMT GailL1 2024-09-08T18:43:55Z https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568516#M5685 <P>i am 78, receive $1300 in ssi. i am not on disability. how much can i keep in bank account?</P> Sun, 08 Sep 2024 04:04:54 GMT https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568516#M5685 RonK928710 2024-09-08T04:04:54Z https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568538#M5686 <P><a href="https://community.aarp.org/t5/user/viewprofilepage/user-id/33921297">@RonK928710</a>&nbsp;</P><P>&nbsp;</P><P>$2,000.00 as per this document from the SSA. <A href="https://www.ssa.gov/ssi/text-eligibility-ussi.htm" target="_blank">https://www.ssa.gov/ssi/text-eligibility-ussi.htm</A></P><P>&nbsp;</P><P>&nbsp;</P> Sun, 08 Sep 2024 14:22:51 GMT https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568538#M5686 fffred 2024-09-08T14:22:51Z https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568575#M5687 <P><FONT color="#FF0000"><STRONG>NOBODY gets $ 1300 from SSI ( Supplemental Security Income)</STRONG></FONT> - Supplemental Security Income is different than a Social Security Benefit of Retirement, Social Security Disability or Survivors benefits.</P><P>&nbsp;</P><P>I’m betting you are talking about a Social Security Benefit of Retirement- and in that case, there is NO limit to the amount of money one can have in their bank account(s).</P><P>&nbsp;</P><P>This is different than SSI (Supplemental Security Income) because SSI is a welfare program for those who are blind, aged or disabled who have NO or little Social Security benefits. &nbsp;And since it is a welfare program, there is a $ 2000 limit to what one can have in their bank account(s) at the end of every month. &nbsp;BTW, the MAXIMUM SSI benefit is $ 943 a month and is offset (reduced) by any in-kind payments.</P><P>&nbsp;</P><P>The Social Security Administration oversees both programs - the EARNED programs of Social Security Retirement or Old Age, Disability and Survivors benefits AND the WELFARE program of Supplemental Security Income (SSI). &nbsp;Different programs / different rules.</P><P>&nbsp;</P><P>Don’t use government abbreviations unless you know specifically what they are -&nbsp;</P><P>&nbsp;</P> Sun, 08 Sep 2024 18:43:55 GMT https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568575#M5687 GailL1 2024-09-08T18:43:55Z https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568576#M5688 <P>Nobody gets $ 1300 from the SSI program - the OP is incorrect in their use of the SSI abbreviation - which is often the case. &nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Sun, 08 Sep 2024 18:45:48 GMT https://community.aarp.org/t5/Social-Security/how-much-can-you-have-in-a-bank-account/m-p/2568576#M5688 GailL1 2024-09-08T18:45:48Z