Legal Question in Social Security Law in Pennsylvania

Re: social security disability

No, the person would not be penalized. An individual's financial dealings are of no concern to the Social Security Administration, unless they have to do with employment. If the individual is receiving not Social Security Disability benefits but Supplemental Security Income benefits, that is a different matter. The SSI recipient is limited in the assets he or she can have and continue to receive the benefits, which are based not only on disability but on financial need and a lack of other financial resources. A bank loan, if you are on SSI, could be a problem, although the debt to the bank should be weighed against the borrowed money and indicate no net asset.

Re: social security disability

If you are receiving Title II disability your assets and finances are not an issue.

If you are receiving SSI, assets are an issue. If you are an SSI recipient, check with your local SS office for the SSI asset rules in your state.