The application that I received in the mail indicates that the Social Security resource limits are $11,710 for singles and $23,410 for married couples. But I have heard elsewhere that the resource limits are $10,210 for singles and $20,410 for married couples living together. I am confused; what are the actual resource limits?
The limits are $10,210 for singles and $20,410 for couples. But the resource limits shown on the application include a $1,500 per person exclusion for burial purposes. So, if you expect to use some of your resources to pay for burial or funeral expenses, your resource limit is $11,710 if you are single or $23,410 if you are married and living with your spouse.