What Can I Spend My Child's SSI Money On?

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Parents acting as executors for their child's Supplemental Security Income account must follow certain guidelines in how the money is spent. Any money saved for the child must be kept in separate savings account in the child's name only; money used for the child's daily needs and medical treatments can be co-mingled in a family account with the parent listed as the account owner.

Food and Shelter

Spending SSI funds to ensure the recipient child has adequate food and shelter is permissible, according to the Social Security Administration. Daily living needs such as toothpaste, shampoo, gasoline for the family vehicle to take the child to and from activities, rent, heat, air conditioning and water are examples of daily living expenses allowed out of a child's SSI monthly allotment.

Medical Equipment

Wheelchairs, hospital bed rentals, specially fitted shoes and other medical supplies are allowable expenditures for your child's SSI payment. Children who suffer from mental health issues and see a therapist may have their payments taken care of with their SSI funds. Needed medical treatment for your child must be obtained in a reasonable amount of time, as deemed by the Social Security Administration; otherwise, you could be removed as your child's payee and another one will be appointed.

Shared items

Family items such as televisions, game systems and stereos are also allowable purchases with your child's SSI finds. As long as the child will be using them, even if the item is to be shared among all family members, it is something you can use his money to buy.

High-Balance Issues

In 2010, the maximum resource value for an SSI recipient was $2,000. You are allowed to spend the child's money his on recreation such as movies, concerts and vacations. You are also allowed to use it to purchase a reasonably priced vehicle or make renovations to the home to benefit the recipient, such as building a wheelchair ramp. If the child's account accumulates more than $2,000 at any time, he could lose his SSI benefits.

References

About the Author

Candace Webb has been writing professionally since 1989. She has worked as a full-time journalist as well as contributed to metropolitan newspapers including the "Tennessean." She has also worked on staff as an associate editor at the "Nashville Parent" magazine. Webb holds a Bachelor of Arts in journalism with a minor in business from San Jose State University.

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