There are various types of health conditions that could affect one’s ability to make a living and facing financial challenges under similar scenarios can be a daunting process. Individuals in New Jersey who encounter such trails may wish to explore all their available options for aid, but they might need advice in navigating the process. Supplemental Security Income is one example of a system that could provide much-needed aid, but there are certain rules and regulations that govern eligibility for SSI. 

SSI rules 

Experts indicate that there are numerous factors that govern eligibility for SSI benefits. For instance, factors such as age and mental or physical limitations may play a role in the determination of eligibility. A person’s monthly income may also be a factor, as this program is intended to provide aid to those who earn under a certain level of income. 

There are also certain limits pertaining to the number of assets one can own and still be eligible for SSI benefits. However, certain types of assets may be exempt from this process, such as a home, household items and even a single vehicle. It may also be possible to hold a life insurance policy under a certain value and save up to a certain amount for end-of-life expenses and still qualify for SSI benefits. 

Seeking aid 

SSDI and SSI benefits are not the same and determining which path best fits one’s situation can be a complex task at times. Individuals in New Jersey who remain uncertain of their options and wish to seek insight on how best to safeguard their interests could consider speaking with an attorney for guidance in evaluating their situations. An attorney can help provide a client with insight on all the available options and help him or her better prepare to seek the full amount of benefits achievable through all applicable outlets.