May
20
2010
By Guest (not verified)
if property is sold, does it affect the monthly benefit ?
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Not affiliated with the US Social Security Administration
if property is sold, does it affect the monthly benefit ?
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Not affiliated with the US Social Security Administration
Sale of property and benefits
I have not seen evidence indicating that the sale of property will affect retirement/survivor/disability benefits.
However, in the case of SSI, if you, for example, sell your home or automobile for cash, the cash may then be counted as a "resource" and may affect your benefits.
See this post for details :
http://socialsecurityhop.com/forums/ssi-supplemental-security-income/ssi...