Buying a home

Submitted by Anonymous (not verified) on Mon, 01/08/2018 - 21:24

If I drawl ssi benifits and sell my home but take the funds from the sale to purchase another home will that effect my benefit's

Bryan
Fri, 01/12/2018 - 09:36 Permalink

Hi there,
It would as SSI is an income-based program, and the proceeds from your home sale would be counted as income. You may want to contact the SSA for some more guidance regarding this.

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