Supplemental Security Income

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Supplemental Security Income

Definition: Supplemental Security Income

Supplemental Security Income
Cite Term
Sources

Full Definition of Supplemental Security Income

SSI is wage replacement funds provided by the Federal Government to the aged, blind or disabled who have very limited income and who are unable to work for at least 12 continuous months. Claimants may receive compensation from a personal injury claim and SSI together but only if their income and resources remain below the allowable SSI limit.

If a claimant is receiving Supplemental Security Income and they win an injury claim the compensation from the claim can be so high that it will terminate their rights to collect SSI benefits. If you are a party in an injury claim and you are receiving SSI talk to your lawyer about how to receive compensation without jeopardizing your SSI benefits.

Synonyms For Supplemental Security Income

SSI

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/supplemental-security-income/
Modern Language Association (MLA):
Supplemental Security Income. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/supplemental-security-income/.
Chicago Manual of Style (CMS):
Supplemental Security Income. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/supplemental-security-income/ (accessed: April 23, 2024).
American Psychological Association (APA):
Supplemental Security Income. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/supplemental-security-income/

Definition Sources

Definitions for Supplemental Security Income are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 31st March, 2020 | 0 Views.