Supplemental Security Income Ssi

Definition of "Supplemental security income (ssi)"

Steven Asadoorian, Affiliate Broker
Steven Asadoorian, Affiliate Broker 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.

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