For some residents of Pennsylvania, it could be important to understand the difference between Supplemental Security Income (SSI) and Social Security. These are two different income sources for Americans, with Supplemental Security Income being provided for those with a lower-income level who may need financial assistance. The Social Security Administration oversees both of these income sources.
Social Security is generally paid to those who have worked and contributed, through paycheck deductions, to Social Security. Depending on circumstances, typically at retirement age, the individual will receive regular payments. However, Supplemental Security Income is available based on the needs of the individual. This could be low-income individuals who are over 65, disabled children or blind individuals.
The base amount paid to individuals is the same in each state, including in Pennsylvania, because this income source is funded from general tax revenue. The maximum amounts per month are $721 for one person or $1,082 for a couple. These amounts can differ depending on the circumstances of the individual. For example, Social Security or other sources of retirement income will reduce the amount of Supplemental Security Income for which a person could be eligible.
Supplemental Security Income is a benefit offered to Americans, but it may be difficult to determine if a person is eligible. If they are, it is vital to understand the amount of potential supplemental income and how that will be affected by other income sources. If an individual is in need of extra financial support, he or she should fully examine if this option is the most beneficial for the situation.
Source: The Farm Forum, “Suplemental Security Income explained”, Howard I. Kossover, May 23, 2014