How to Keep An Emergency Fund and Your SSI Benefits

How to Keep An Emergency Fund and Your SSI Benefits

Setting up an emergency fund is a great idea! However, it could affect your SSI benefits if you have saved too much. But how much is too much? Here’s how much to put in your emergency fund without affecting your SSI. While some are lucky enough to escape them, nearly everyone goes through some type of emergency in their lifetime. This might be a major emergency like an earthquake or flood that causes structural damage to a home. Or it could be a car accident that leads to extended time out of work. But do you need an emergency fund? Even with a family budget in place, you could budget for your emergency fund just like you would for a vacation fund. Having an emergency…