SUPPLEMENTAL SECURITY INCOME (S.S.I.) RECIPIENTS / APPLICANTS

(65 Years of Age, Blind or Disabled)

A reasonable amount of money or funds can be set aside for an individuals funeral and burial or final disposition expenses, including certain cemetery expenses and allowable insurance, for S.S.I. applicant /recipients.

The following is a list of current excludable funeral and burial assets an S.S.I./M.A. applicant or recipient may have under eligibility criteria.

1. The purchase of a grave marker.
2. Up to $2,000.00 for funeral services in an Irrevocable Trust.
3. Funds placed in trust for the purchase of a casket of your choice.
4. Funds placed in trust for the purchase of an outer burial container (vault) of your choice.
5. Purchase of a life insurance policy, up to $1,500.00 face value.
6. Up to $1,000.00 may be used for the purchase of one grave space and for the cost of opening and closing the grave. If less than $1,000.00 is used for this cost, the balance cannot be used toward other funeral expenses.

A single person may still retain $2,000.00 in liquid assets – (i.e. – cash, bonds, checking and savings accounts, certificates of deposit, treasury notes, etc.).