How much can I earn and keep my SSI?
This is a particularly tough question. I previously wrote about how earning more than the Substantial Gainful Activity amount may cause your benefits to be stopped in Social Security Disability Insurance cases.
In SSI cases, I just learned that you can earn more than the SGA amount and still keep your SSI benefits.
WARNING: I do not pretend to be a understand SSI benefits calculations. I strongly encourage anyone reading this to check this information with Social Security. Also, any Social Security technicians are more than welcome correct any errors I may make here.
To figure out how much you can …
Social Security Benefit Calculators
Do you want to know how much you would receive in Social Security benefits if you were disabled, retired, or if your spouse died?
Social Security has online calculators, as well as calculators you can download (Mac versions too), to help you estimate what your Social Security benefits will be.
If you have problems using these calculators, Social Security also estimates your retirement, disability, and family maximum benefits in the ”Social Security Statement” it mails to you every year before your birthday. Tip: the benefit estimates usually appears in the inner, left page.
Have you …
Social Security Announces Benefit Increase for 2009
Social Security benefits will be going up in 2009.
Monthly Social Security and Supplemental Security Income benefits for more than 55 million Americans will increase 5.8 percent in 2009, the Social Security Administration announced today. The 5.8 percent increase is the largest since 1982.
Social Security Announces Benefit Increase for 2009.
Quick facts: how much does Social Security spend on disability?
According to Social Security, 6.9 million disabled workers received disability benefits from Social Security in 2007. Another 1.8 million individuals received benefits as dependents of disabled workers.
This is compared to 31 million receiving retirement benefits.
The average monthly disability benefits was $979. Although it should be noted, for those receiving Supplemental Security Income benefits, the maximum amount a SSI recipient could receive in 2007 was $637.
Total payout to disabled workers and dependents in 2007 was 7.2 billion dollars. However, this is only 17% of total benefits paid by Social Security.
Just some quick facts.
How much can I get per month on SSI?
Updated: 01/01/12.
Supplemental Security Income, SSI for short, pays up to the Federal Benefit Rate (FBR).
For 2012, for the first time in 3 years, the Federal Benefit rate is increasing to $698 and $1,048 for couples. For most people, this means the maximum SSI benefits you can get in 2011 is $698 per month.
in 2011, the FBR was $674 per month.
In 2010, the FBR was $674 per month
In 2009, the FBR was $674 per month.
In 2008, the FBR was $637 per month.
In 2007, the FBR was $623 per month.
The current FBR rate is listed …
