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Details You Need to Know About Social Security
Folks doing their research on when to file for Social Security benefits face an avalanche of information that, if not understood well, can lead to a long-term loss of benefits or a short-term surprise. The Chicago Financial Planner’s Roger Wohlner provides a quick summary of the major detail categories in a post on thechicagofinancialplanner.com. Check it our here…
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How does income affect SSI payments?
Mike:
For SSI purposes, income is defined as “money you receive such as wages, Social Security benefits, and pensions. Income also includes such things as food and shelter. The amount of income you can receive each month and still get SSI depends partly on where you live.” this definition is excerpted from Social Security Administration’s “Supplemental Security Income (SSI) booklet, which you can download here: https://www.ssa.gov/pubs/EN-05-11000.pdf. If you need more assistance in this area, please contact us at the Foundation’s Social Security Advisory Service via email (SSAdvisor@AmacFoundation.org) or telephone (888-750-2622).
Thanks for contacting us.
Gerry Hafer
AMAC Foundation, Inc.