Social Security requires SSA to report any changes in income or life, including SSI, as it is the law, and failure to do so could result in benefits cuts.
SSDI Payment May 2024
SSI Wage Reporting: If you get Supplemental Security Income (SSI), you must report any changes in your income or life to the Social Security Administration (SSA). This is not optional it’s the law. If you don’t report changes on time, your benefits could be cut, you might have to pay money back, or your payments could stop for a while.
You must tell Social Security about any money you earn, whether from a job, your own business, or help from others. Some updates must be reported every month, while others only once a year. If something in your life changes like where you live, who you live with, or how much money you have you must report that too.
Every month, you must report:
Annually (by January 10):
Immediately after changes:
If you’re married or applying for a child, your spouse’s or parents’ income and resources must also be reported.
You can report your income and updates in different ways:
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You must report any changes no later than 10 days after the month ends.
If you don’t tell Social Security about changes, you could get too much money—and you’ll have to pay it back. You could also be fined.
The SSA says: “We may overpay you and you may have to pay us back. We may apply a penalty that will reduce your SSI payment by 25 to 100 for each time you fail to report a change.”
If you lie or hide information on purpose, your benefits could stop for six months the first time. If it happens again, you could lose benefits for 12 or even 24 months.
To avoid problems, always tell Social Security as soon as something changes. This way, you’ll get the right amount of money every month.
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