The SSA pays millions of seniors Social Security benefits each month. Starting in May, beneficiaries who don't satisfy the increased conditions may not get their monthly payouts.
This new policy doesn't affect everyone, but select recipients may be at danger. Most obviously, a beneficiary's payment stops when they die. If the family doesn't report it, they may have to repay improper funds.
Returning to work while disabled is another option. If an SSDI recipient returns to work and earns more than a specific amount, the SSA may disqualify them.
Disability benefits are immediately converted to retirement benefits at full retirement age (FRA). Money keeps coming in, but its nature changes, which could affect other benefits or taxes.
Imagine a hardworking American planning a 30-day vacation or trip abroad. If they stay more than a month abroad, their SSI payment is immediately canceled, regardless of whether they return.
All modifications must be disclosed to avoid issues; otherwise, reapplication will be needed upon return. Marriage, divorce, relocation, employment, and inheritance must be reported.
Without reporting these changes, the SSA may decide the benefit is no longer justifiable. What if the beneficiary lost their checks?
There are many federal and state benefits they may qualify for. They may qualify for SSI payments of up to $967 per month if they have little income and little job history. A joint application might net a couple $1,450 a month.
Many over-60s can apply for SNAP, or food stamps. The application process is simple and doesn't affect other advantages.
Medicaid provides medical care for non-Medicare recipients. The benefits vary by income, covering physicians' fees, drugs, hospital expenditures, and more. It's not automatic, but it can aid in extreme cases.