Should you count supplemental security income as taxable income? (hrblock.com)
However, regulations vary for the Federal Supplemental Security Income program and for state - administered programs such as Medicaid, Aid for Dependent Children (AFDC), and food stamps. (libertyreversemortgage.com)
However, you must be careful that any loan proceeds you retain do not exceed the monthly liquid resource limits for Supplemental Security Income (SSI) and Medicaid, which may be impacted by your HECM payments. (foundationmortgage.com)