text: can we have an ira account while in ssi? and if so what do we have to do? you cannot contribute to an ira based on income from ssi alone. if that is your sole income, you need to look into other savings vehicles for your retirement, such as mutual funds or annuities.  however, if you are married and your spouse works, he or she may be able to contribute to your ira. i'll send you the link to a good calculator that will help you figure out how much you can contribute. it's going to depend on income, age, and how much your spouse contributes to their own plans.  if you need further help with this, let me know. you can e-mail me through y!answers. i"m glad to help :)