Not affiliated with the US Social Security Administration

Liquid and Non-liquid Resources

Excerpted from "Social Security Handbook". See the up-to-date, official Social Security Handbook at

2150. Liquid and Non-liquid Resources

2150.1 How are resources categorized?

Resources generally are categorized as either "liquid" or "non-liquid." The difference between the two types of resources is important when determining whether:

  1. A resource can be excluded as non-business property essential to self-support (see §2158); or

  2. You qualify for conditional payments (see §2164).

2150.2 What are "liquid" resources?

Liquid resources are those resources that are:

  1. In the form of cash; or

  2. Convertible to cash within 20 working days.

The most common types of liquid resources are savings and checking accounts, stocks, bonds, mutual funds, promissory notes, certain trusts, and certain types of life insurance.

2150.3 What are "non-liquid" resources?

Non-liquid resources are all resources that cannot be converted to cash within 20 working days. They include both real and personal property. Examples are automobiles, machinery, livestock, buildings and land.

Last Revised: Aug. 4, 2006


Recent Content

Seven Social Security Myths

1. Social Security will cover my income needs

2. It's better to take Social Security benefits early

3. I'll receive full benefits at 65

4. Once I start benefits, I can’t work anymore

5. I won't pay taxes on Social Security

6. Once I start Social Security, I have to continue receiving it

7. My divorce will reduce my benefits



Not affiliated with the US Social Security Administration