As a recipient of SSI, I am not permitted to exceed a maximum resource limit of $2000. The SSA definition of "resources" is vague, but is basically liquid assets, including: bank accounts, stocks, mutual funds, savings bonds, land, vehicles, and life insurance. Exceptions are made for a home that is the recipient's residence, one vehicle that is in active use, burial spaces, etc. But what about assets like cryptocurrency and/or financial trusts? Are they exempt from this policy?
As a recipient of SSI, I am not permitted to exceed a maximum resource limit of $2000.
The SSA definition of "resources" is vague, but is basically liquid assets, including: bank accounts, stocks, mutual funds, savings bonds, land, vehicles, and life insurance.
Exceptions are made for a home that is the recipient's residence, one vehicle that is in active use, burial spaces, etc.
But what about assets like cryptocurrency and/or financial trusts? Are they exempt from this policy?