What does 'non-exempt assets' refer to in the case of social security disability?

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"If you have $2,000 or more in non-exempt assets, you will not qualify for SSI regardless of how totally and permanently disabled you are." Does this include savings accounts?

Attorney Answer

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Felice Brodsky ·
SSI is a needs based program where you have to be disabled AND have limited assets and income. Non exempt assets are generally anything that can be turned into cash, which a bank account surely is. Exempt assets include your home and a car (with certain restrictions), a burial fund and the $2000. that is exempted. Social Security Disability is based on being disabled and having worked and paid into Social Security for at least a certain time which depends on your age, and the work also has to be recent. It is generally five years of work in the ten before you become disabled. But you can have a million dollars and still get Social Security if you have the work and are found medically disabled.
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