In the context of SSA's calculations, how is unearned income treated?

In the context of the Social Security Administration's (SSA) calculations, unearned income is primarily handled with exclusions. This means that while unearned income is taken into account when determining eligibility and benefit amounts, certain types of unearned income may avoid being fully counted. For example, the SSA may exclude specific amounts of unearned income, such as the first $20 of monthly income from any source, as well as certain scholarships and grants. This approach recognizes that not all unearned income is available for meeting a person’s needs.

Additionally, there are specific exclusions applicable to certain benefits, such as Supplemental Security Income (SSI), where not all unearned income impacts the benefit calculation equally. This nuanced treatment ensures that the calculations reflect a more accurate financial picture of the individual.

The other options do not align with the SSA's treatment of unearned income. Unearned income is not automatically disregarded, nor is it always counted fully without consideration of exclusions. It is also distinct from in-kind support, which refers to assistance received in the form of non-cash benefits, rather than direct financial support.