SSI and SSDI - Articles and Spotlights
* LEARN HOW TO REPORT WAGES TO ENSURE THAT YOU RECEIVE THE CORRECT MONTHLY BENEFIT AND AVOID OVERPAYMENTS AND UNDERPAYMENTS *
* IT IS POSSIBLE FOR EVERYONE TO AVOID THIS SSI BENEFIT REDUCTION. INQUIRE ON HOW TO DO THAT AND QUALIFY FOR THE MAXIMUM BENEFIT OF $943 PER MONTH *
* INQUIRE ON HOW TO UTILIZE THIS EXCLUSION AND OTHERS TO MAINTAIN MOST TO ALL OF THE SSI PAYMENT *
The Social Security Administration is Removing Food from the SSI In-Kind Support and Maintenance Calculation
The removal of food from the SSI In-Kind Support and Maintenance calculation will be effective on 9/30/24. SSI recipients will no longer have to report on the food assistance they receive from family, friends and community networks of support. Excluding food from the calculation decreases a recipient's living expenses (as defined by SSA) which may now make them eligible for the maximum monthly SSI payment of $943 if they can cover their remaining living expenses with their income.
* THIS RULE CHANGE SIMPLIFIES ONE ASPECT OF THE SSI PROGRAM *
The Basics of Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI)
Do you know the difference between SSI and SSDI? Learn about the two programs including eligibility requirements, medical coverage, effect of income on cash benefits, effect of income on medical benefits, examples of work incentives to reduce countable income and to manage benefits and to managing assets.
* REVIEW THIS FACT SHEET *
Working on
SSDI
Protect your SSDI benefit by understanding important concepts such Substantial Gainful Activity (SGA), Trial Work Period (TWP) Extended Period of Eligibility (EPE) and Expedited Reinstatement (ER).
* LEARN THE SIGNIFICANCE OF EACH OF THESE TERMS AND HOW TO MAINTAIN YOUR SSDI BENEFIT *
Social Security Administration Announces 4 Key Updates too Address Overpayments
Effective 3/25/24:
- Only 10% withholding per month for SSDI overpayments - same as SSI program. SSA will no longer stop benefits for overpayments.
- Burden of proof shifts away from the claimant.
- Repayment plans up to 60 months.
- Easier to request a waiver of repayment if claimant believes to have been without any fault and/or without the ability to repay.
This announcement falls short of establishing a statute of limitations on SSA uncovering overpayments.
* READ THIS TO LEARN MORE *
SSDI Benefit Increases Each Year Based on Prior Year's Earnings
SSDI (Social Security Disability Insurance) beneficiaries who work may receive an increase each year in their disability benefit based on their previous year's wages. This annual increase is in addition to the annual Cost of Living Adjustment (COLA).
* THIS ANNUAL WAGE-RELATED BENEFIT INCREASE IS ADDRESSED ON PAGES 7 AND 8 *
Slide Presentation
SSI and SSDI
Lydia presented these slides at the Perkins School for the Blind's Transition Event in May 2024. She reviewed both the SSI (Supplemental Security Income) and SSDI (Social Security Disability Insurance) programs. She talked about applying for benefits and what benefit amounts to expect. She delved into work incentives and reporting monthly wages along with a sample SSI benefit calculation to account for earned income. Lastly, she shared some additional financial benefits and resources.
* CONTACT LYDIA TO LEARN MORE ABOUT THESE TOPICS *