Ask Larry

If I Give My Payee Money For Living, How Much Will Be Deducted From Her SSI?

My payee is disabled and receives $800 per month in SSI. If I give her money for living (eg.. $200 per mont) how much will be deducted from her SS payment .

Hi,

As the name implies, Supplemental Security Income (SSI) is designed to supplement the income of individuals who meet the program's requirements (https://www.ssa.gov/ssi/). If an SSI recipient receives countable unearned income, their SSI benefits are offset dollar for dollar by all but the first $20 of the unearned income. Therefore, assuming that they have no other income, if you gave an SSI recipient $200 per month their monthly SSI payment would likely be reduced by $180.

Best, Jerry

Posted: 
Jan 1 2021 - 3:14pm
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.