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In general, the income limit for SSI is the federal benefit rate (FBR), which is $783 per month for an individual and $1,175 per month for a couple in 2020. Remember, though, that not all income is countable, and so you can earn more than $783 per month and still qualify for SSI (more on this below).

The Social Security Administration (SSA) looks into the countable resources of each SSI recipient to ensure that they are within the program's limits. Countable resources are things that you own such as money, property, stocks, and bank accounts that are counted under the program.

While SSI beneficiaries will receive the full $1,200 stimulus payment automatically, those who didn't file federal tax returns in 2018 or 2019 will need to use the IRS online tool for non-filers to register to receive an additional $500 stimulus payment per qualifying child.

The SSA doesn't count all your income toward your limits as well. Because SSI is needs-based, you should understand that any earned income and any unearned income will impact your eligibility for SSI and the amount of benefits that you receive each month. ... The first $65 of earned income each month also do not count.

Unemployed SSI participants are eligible for UI and PUA, but unemployment assistance is considered countable unearned income and will reduce SSI payments dollar-for-dollar.

What Income Is Excluded From the SSI Income Limit? The SSA does not count the following income and benefits when calculating your income level: $20 per month of income other than wages (unearned income) $65 per month of wages (earned income) and one-half of wages (earned income) over $65.

HOW DOES YOUR INCOME AFFECT YOUR SSI BENEFIT? Step 1: We subtract any income that we do not count from your total gross income. The remaining amount is your "countable income".

Unemployment benefits would affect SSI because it is counted as unearned income. So, each dollar of unemployment would count against the $733* unearned income limit for SSI.

Income is anything you receive during a calendar month and can use to meet your needs for food or shelter. It may be in cash or in kind. In-kind income is not cash; it is food or shelter, or something you can use to get food or shelter.

You also can collect unemployment and Supplemental Security Income (SSI), the other Social Security-run program that pays benefits to disabled people, but the same caveats apply regarding approval of claims and in the case of SSI, getting unemployment can reduce your benefit payment.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232