View Single Post
Old 03-13-2013, 11:52 AM
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
Default

Quote:
Originally Posted by ginnie View Post
Yes it is true. If you get medicare/medicaid, or SSDI you cannot have more than 2k. I lost what two generations saved for, through a trust, given to me to be able to keep my home. I was not allowed to keep those funds, even though it was stated in the trust not to use for medical. My folks had tried to protect me. Could not get benefits until those funds were extinquished. I am now loosing my home because I cannot pay the taxes. Lousy deal. ginnie
SSI has asset restrictions. SSDI does not.

Medicaid has asset restrictions. Medicare does not.

SSI is essentially a welfare program for the disabled that do not have enough work credits to qualify for SSDI. Medicaid is an insurance program for the poor. This is why SSI has asset restrictions and SSDI does not. These are different programs with different rules.

I understand your frustrations, but it is confusing to those that don't understand the programs when you give the kind of information above.
LIT LOVE is offline   Reply With QuoteReply With Quote
"Thanks for this!" says:
finz (03-14-2013)