answersLogoWhite

0

Can you own a car worth 800000 on ssi?

Updated: 4/28/2022
User Avatar

Wiki User

14y ago

Best Answer
Resources you own

We do not count everything you own when deciding if you can get SSI. For example, we do not count the home you live in and some of your personal belongings. Usually, we do not count your car. Resources we count:

  • Cash;
  • Bank accounts, stocks, U.S. Savings Bonds;
  • real estate;
  • Life insurance; and
  • Personal property.

You may be able to get SSI if your resources that we count are no more than:

  • $2,000 for one person; and\
  • $3,000 for a couple.
User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you own a car worth 800000 on ssi?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What can a creditor do when allget is ssi you own one car?

My calculations read to what the heck


Can you own a house on SSI?

Yes.


How many vehicles can you own while on SSI?

one


Can a spouse received SSI if his or her spouse received SSI and they take care of them and their kids?

SSI does not include spousal benefits - each individual must be determined eligible on their own. The spouse/children might be eligible for TANF.


When will ssi recipients get a stimulus check?

When will ssi recipients receive stimulus payments


I am on SSI will I get a stimulas funds?

everthing I hear it seems as if Ssi


Wil ssi checks come out tomorrow?

Do ssi checks come out ausgust 29,2014


Can you get ssd and ssi?

You can get SSI if your other income, including SSD, is less than the SSI standard.


Can SSI payments be used to qualify for a car loan?

I'm on ssi and havent been able to get one and my credit score is 750. I was told to that I had A good chance trying A in house financing lot (buy here pay here)


If your ex owes back child support and collects ssi are you entitled to a portion of his ssi?

SSI is considered to be a bare minimum amount of money to live by, it would be very unlikely for a court to order him to pay out of this minimum stipend. Even if they did the amount would be miniscule, like a dollar or two a month at most, and from the court's perspective not worth the bother.


When was SSI Micro created?

SSI Micro was created in 1990.


How do you get ssi certificate in Tamil Nadu?

We are a new applicant for ssi certificate, in Tuticorin who are the browsing centre for registrering ssi certificate?