Definition - What does SSD Resources mean?
Social Security disability (SSD) resources are resources (both money and assets) belonging to a claimant who is applying for Social Security disability benefits. The total value of the resources owned by a claimant is taken into consideration. It is one of the factors used by the Social Security Administration (SSA) to determine a claimant's eligibility for the Supplemental Security Income (SSI) program.
Justipedia explains SSD Resources
Supplemental Security Income (SSI) is a needs-based program. When determining if a claimant is eligible for SSI benefits, the resources that the SSA takes into consideration include cash as well as anything owned by a claimant that could be exchanged for cash and used for buying food or shelter. Some common examples of resources are land, stocks, bonds, bank accounts, personal property, life insurance, and vehicles. If the total value of the resources owned by a claimant exceeds the resource limit set by the SSA, the claimant is denied SSI benefits.
Do I Have to Have a Permanent Disability to get SSDI Benefits?