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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Will Investing In Bitcoin Affect My SSI?
I have Supplemental Security Income. If I invest in bitcoin will that effect my SSI?
Hi. It certainly might, especially if you make a profit. Supplemental Security Income (SSI) is needs based and there are limits on how much income and resources a person can have and still be able to qualify for SSI. Therefore, any increase in your income or countable assets can cause your SSI payments to stop or be reduced.
Best, Jerry
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November 30, 2021