SSI Beneficiaries - What You MUST Report to SSA in "Real Time" To Avoid OverPayment/Loss of Benefits
Note: This article/video is for general information only and is not legal advice to any particular reader or individual. For legal advice, you must specifically retain a lawyer who evaluates your specific situation.
Thanks to NADR (National Association of Disability Representatives) for a reminder of the importance of SSI reporting - by those receiving. This really can't be emphasized too much, it is that critical.
Major point outs include:
Changes in income, wages, or self-employment income;
Starting, stopping, or changing jobs;
Changing your address or persons moving in or out of the household;
Changes in marital status (including any same-sex relationships);
Having more than $2,000 if you are single or $3,000 if you are married in resources that you can cash in, sell, or use to pay for food and shelter; and
Changes in resources, including money in financial accounts and buying or selling extra vehicles, stocks, investments, or property.
I'd also add:
If you become incarcerated for more than 30 days - report it. (Better yet, avoid it.)
If you leave the country for more than 30 days - report it.
Read more here, straight from the SSA:
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