When: Thursday, June 28, 2018 at 11:00 a.m. PT / 2:00 p.m. ET.
The Supplemental Security Income (SSI) program has many complicated financial eligibility rules, including the treatment of resources or assets. Applicants and recipients cannot simply give away countable assets to gain eligibility for SSI. Similarly they cannot decline assets that they are entitled to receive, such as inheritances, to establish or maintain their eligibility. An SSI applicant or recipient who transfers an asset for less than fair market value or declines to receive an asset could be subject to the transfer of asset penalty, becoming ineligible for SSI benefits for up to 36 months.