Obtaining a Supplemental Security Income check, Social Security may stop sending it to you for some of these reasons that you might do.
Here Are Some Ways You Might Lose Your Supplemental Security Income (PHOTO: Yahoo Finance)
Supplemental Security Income
Every Social Security Administration benefits have requirements in order to have one of the monthly checks, regardless of the type of benefit, certain parameters must be met. Otherwise, the Social Security Administration may revoke the monthly check with the payment.
No one likes to stop collecting the benefit each month. The checks sent by the Social Security Administration are important to most families. However, Supplemental Security Income is a payment that only reaches the most underprivileged families. For that and a couple of other reasons, we may stop receiving the check in the future.
The Supplemental Security Income Might Stop Paying – Here’s Why
First, you need to understand about Supplemental Security Income is that it is only available to a limited group of users. Retirees below the age of 65 are unable to apply for it. Also, only disabled citizens, in addition to those beyond 65, can obtain the monthly SSI benefits.
Knowing this, let’s examine the reasons why the Social Security Administration might stop the Supplemental Security Income check:
- Exceeding the monthly income threshold – Remember that the Supplemental Security Income payment is a check for the most underprivileged people. If you run over the maximum benefit threshold, you will stop collecting this check.
- If you go to prison – This is exactly the same as any other type of Social Security benefit. Going into prison forces you to lose your SSI check instantly. Sometimes it will resume upon release from jail, but sometimes it won’t, it depends on each case.
- Haven’t filled out all the paperwork accurately – If there are any faults in the documents, whether it is the income level or some other reason, the Administration could remove your SSI check. So be mindful when sending in your supporting documents.
With this in mind, it should be more effortless for everyone to avoid losing their Supplemental Security Income check. Remember that the Social Security Administration sends out SSI checks on the 1st of every month, with some exceptions.
