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Entries Tagged as 'Supplemental Security Income (SSI) Benefits'

Proposed Treasury Regulations Concerning Paper Social Security / SSI Checks

June 18th, 2010 · Comments Off

The Treasury Department has issued a Notice of Proposed Rule-Making (75 Fed. Reg. 34394 (June 17, 2010)) that would affect all those who receive payments from the Social Security Administration. Those claimants who file an initial application on or after March 1, 2011 would have a choice of direct deposit into their bank account OR [...]

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Tags: Governmental or Public Benefit Programs · Social Security Benefits · Supplemental Security Income (SSI) Benefits

New Regulations Prevent Debt Collectors From Seizing Federal Benefits Deposited Into Bank Accounts

May 18th, 2010 · Comments Off

The Treasury Department and the four major benefit agencies, the Social Security Administration, the U.S. Department of Veterans Affairs, the Office of Management and Budget, and the Railroad Retirement Board, are jointly releasing new rules which prevent banks from seizing Social Security and other federal benefits from customers facing debt collectors. The new rules would [...]

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Tags: Civil Service Benefits · Federal Employees Retirement System Benefits · Government Pensions · Governmental or Public Benefit Programs · New Laws · Railroad Retirement Benefits · Social Security Benefits · Supplemental Security Income (SSI) Benefits · Veterans Benefits

Medicaid Eligibility And The Pickle Amendment

March 30th, 2010 · 1 Comment

Named after its Congressional sponsor and enacted in 1977, the Pickle Amendment created a separate category of Medicaid eligibility. Under the Pickle Amendment, an individual who received both Social Security benefits (SSA) and Supplemental Security Income (SSI) benefits but became ineligible for SSI due to cost-of-living adjustments (COLA) in the SSA benefit will remain eligible [...]

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Tags: Governmental or Public Benefit Programs · Medicaid · Social Security Benefits · Supplemental Security Income (SSI) Benefits

The Purchase Of A Private Annuity By An SSI Beneficiary Is A Permissible Spend-Down Technique

March 21st, 2010 · No Comments

As you know, the Supplemental Security Income (SSI) program, administered by the Social Security Administration (SSA), is a needs-based government benefit program which provides monthly cash assistance to aged, blind or disabled individuals who have limited income and resources. Individuals over age 65 automatically meet the “aged” requirement. Adults who assert eligibility as “blind” or [...]

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Tags: Annuities · Governmental or Public Benefit Programs · Supplemental Security Income (SSI) Benefits

SSI Basics

December 10th, 2009 · No Comments

Supplemental Security Income (SSI) is a federal program that helps aged, blind and disabled people with very low income and resources pay for food, clothing and shelter. In other words, SSI is a government program based upon financial need. SSI is often confused with Social Security Disability benefits (SSD). Although both programs are administered through [...]

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Tags: Governmental or Public Benefit Programs · Medicaid · Special Needs Planning · Special Needs Trusts · Supplemental Security Income (SSI) Benefits

SSA Annual Fact Sheet Shows SGA Amount For 2010 Will Be $1,000 Per Month

November 3rd, 2009 · No Comments

The Social Security Administration (SSA) published its annual Fact Sheet last month, showing changes to SSA benefits upcoming in 2010. I found three items of interest on the Fact Sheet: The SSA officially acknowledged that there would be no cost-of-living adjustment next year for monthly Social Security and Supplemental Security Income (SSI) benefits. The new [...]

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Tags: Governmental or Public Benefit Programs · Social Security Benefits · Supplemental Security Income (SSI) Benefits

Unusual Special Needs Trust Distribution Requests

October 29th, 2009 · No Comments

Special needs trusts (also known as “supplemental needs” trusts) allow a disabled beneficiary to receive gifts, lawsuit settlements, or other funds and yet not lose his or her eligibility for certain government programs. Such trusts are drafted so that the funds will not be considered to belong to the beneficiary in determining eligibility for public [...]

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Tags: Distribution Planning · Medicaid · Medicaid Planning · Special Needs Planning · Special Needs Trusts · Supplemental Security Income (SSI) Benefits · Trusts

Federal Appeals Court Rules That Assets In A Special Needs Trust Are Countable Resources Under Medicaid

September 9th, 2009 · No Comments

In a ruling seen as a major setback for disabled individuals and their families, on September 1, 2009 the United States Court of Appeals for the Tenth Circuit granted summary judgment in favor of the State of New Mexico, affirming a denial of Medicaid benefits and holding that the State could consider a special needs trust [...]

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Tags: Medicaid · New Cases · Special Needs Trusts · Supplemental Security Income (SSI) Benefits

Superior Court Judge in Monmouth County Authorizes The Establishment Of Third Party Special Needs Trusts Within An Intestate Estate

August 7th, 2009 · No Comments

As reported on my blog, Judge John Malone, Presiding  Judge of the Chancery Division of the Superior Court in Union County, entered an Order authorizing the Administrator of an intestate estate, i.e., an estate of a decedent who died without a will, to establish a Special Needs Trust, often referred to as a Supplemental Benefits [...]

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Tags: Intestacy · Intestate Estate · Medicaid · Special Needs Trusts · Supplemental Security Income (SSI) Benefits · Trust Reformation

Eligibility for Stimulus Payment After May 2009

July 27th, 2009 · No Comments

The economic stimulus legislation enacted in February 2009 provides a one-time payment of $250.00 to nearly all Social Security and SSI beneficiaries who were eligible for a benefit payment in any one of the following months:  November 2008, December 2008, or January 2009.  SSA made these payments in May 2009. I previously blogged about the [...]

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Tags: Social Security Benefits · Supplemental Security Income (SSI) Benefits