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PB Home  Back to OMM/OCFS/OTDA Materials: 2004 GIS Messages From OMM    
Attached Document:
04ma027.pdf


OMM/OCFS/OTDA Materials: 2004 GIS Messages From OMM

04 MA/027:  Interest/Dividend Income Exclusion for SSI-related Applicants/Recipients

The Social Security Protection Act of 2004, Public Law 108-203, includes an interest/dividend income exclusion for Supplemental Security Income (SSI). The law exempts interest or dividend income derived from resources that are either: (a) not excluded under section 1613(a) of the Social Security Act, or (b) excluded pursuant to federal law other than section 1613(a). Therefore, interest and dividend income from most resources is excluded from countable income.

 

 

 

Created: 11/16/2004