SSI And Savings Accounts

If you have been approved for SSI and have received checks for retroactive benefits you have nine months to spend those funds.  After nine months, if you still have more than $2,000.00 in total assets as a single person or more than $3,000.00 if you are married, you will no longer receive SSI benefits until you get below that amount.

This is usually not a problem for most SSI beneficiaries but should be taken into consideration.