Definition Of Supplemental Security Income (ssi) In Insurance

Definition of "Supplemental security income (ssi)"

Steven Asadoorian, Affiliate Broker, Real Estate Agent Keller Williams Realty

Income supplement program under Social Security to provide a minimum monthly income to aged, blind, and disabled persons. The SSI payments, which were introduced in January 1974, make up the difference between family income and a guaranteed minimum amount for families who have only a specified amount of other resources such as savings accounts.