Can I collect SSI and still work? This is a common question among individuals who are eligible for Supplemental Security Income (SSI) benefits but also wish to maintain employment. In this article, we will explore the rules and regulations surrounding SSI and work, providing you with the information you need to make an informed decision.
Supplemental Security Income (SSI) is a federal program designed to provide financial assistance to individuals who are disabled, blind, or aged, and have limited income and resources. It is important to understand that while SSI benefits can help alleviate financial stress, there are strict guidelines regarding work and earnings.
Firstly, it is essential to know that you can work and still receive SSI benefits, but there are limitations. The amount of income you can earn each month while receiving SSI benefits is subject to the Substantial Gainful Activity (SGA) limit. As of 2021, the SGA limit for SSI beneficiaries is $1,350 per month for individuals and $2,260 per month for couples.
However, there is a nine-month trial work period (TWP) during which you can earn any amount of income without affecting your SSI benefits. During this trial period, you can test your ability to work and continue receiving SSI benefits. After the nine-month TWP, any earnings over the SGA limit will result in a reduction or suspension of your SSI benefits.
It is crucial to keep accurate records of your earnings to ensure that you do not exceed the SGA limit. The Social Security Administration (SSA) uses your earnings reports to determine whether you are eligible for SSI benefits. If you are unsure about your earnings, you can contact the SSA for assistance.
In addition to the SGA limit, there are also resource limits that affect your eligibility for SSI. Resources include cash, bank accounts, real estate, and personal property. As of 2021, the resource limit for an individual is $2,000, and for a couple, it is $3,000. However, certain resources, such as your home, car, and personal effects, may not count towards the resource limit.
Another important factor to consider is the impact of work on your SSI benefits. If you work and earn more than the SGA limit, your SSI benefits may be reduced or suspended. However, you may still be eligible for Medicaid and other state supplements, depending on your income and resources.
To summarize, you can collect SSI and still work, but there are specific rules and regulations you must follow. The SGA limit, trial work period, resource limits, and the impact of work on your benefits are all crucial factors to consider. It is advisable to consult with a Social Security representative or an attorney specializing in SSI benefits to ensure that you understand and comply with the requirements.
Remember, the goal of SSI is to provide financial assistance while allowing individuals to achieve their work goals. By understanding the rules and regulations, you can make the best decision for your unique situation.
