1 / 31

Social Security Benefits

Social Security Benefits. Supplemental Security Income. $721. Medicaid. Social Security Disability Insurance. $Amount$. Medicare. When you start work. SSI. Check. EXAMPLE. If you work, earn $1,000 gross monthly. $1,000 work earnings. $263.50 SSI. Work Incentives.

amir-burgess
Download Presentation

Social Security Benefits

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Social Security Benefits

  2. Supplemental Security Income $721 Medicaid

  3. Social Security Disability Insurance $Amount$ Medicare

  4. When you start work SSI Check

  5. EXAMPLE If you work, earn $1,000 gross monthly $1,000 work earnings $263.50 SSI

  6. Work Incentives Work Earnings $ + SSI SSI = BONUS!!!

  7. $1527+ work earnings IF SSI= $0

  8. NOW … Social Security Disability Insurance (SSDI)

  9. SSDI check will either CONTINUEORSTOP

  10. If you start working… 9 Trial Work Period Months (TWP) “TRY & WORK” 9 TWP months over 5 years TWP = $770+/month

  11. 1st EXAMPLE….. if you worked 2010 $720 2011 $720 2012 $720 2014 $770 2013 $750 Feb $300 July $350 Jan $800 Nov $515 March $220 August $375 Dec $375 April $80 Sept $425 FIRED! QUIT!

  12. 2nd EXAMPLE….. if you worked 2010 $720 2011 $720 2012 $720 2014 $770 2013 $750 Feb $800 July $870 Jan $800 Nov $795 March $820 August $850 Dec $810 April $810 Sept $875 FIRED! QUIT!

  13. AFTER 9 TRIAL WORK PERIOD MONTHS USED….

  14. Extended Period of Eligibility (EPE) EPE = 3 years If you earn OVER (+) $1070 Check STOPS If you earn BELOW (-) $1070 Check continues Work $ + SSDI $

  15. SO DURING EXTENDED PERIOD OF ELIGIBILITY (EPE) -3 YEARS- AND YOU CONTINUE EARNING OVER $1070 COMES GRACE PERIOD….

  16. Extended Period of Eligibility (EPE) EPE = 3 years If you earn OVER (+) $1070 Check STOPS GRACE PERIOD

  17. Grace Period Consecutive 3 months Earn OVER (+) $1070 3 MORE CHECKS

  18. AFTER GRACE PERIOD, CHECK STOPS COMPLETELY Expedited Reinstatement (EXR)- 5 YEARS Begins

  19. IF YOU WORK AND EARN BELOW $1070 THEN YOU MAY NEVER HAVE A GRACE PERIOD EXTENDED PERIOD OF ELIGIBILITY (EPE)- 3 YEARS CONTINUES… YOUR CHECK KEEPS COMING!

  20. IF YOU WORK AND EARN OVER $1070 THEN YOU WILL HAVE A GRACE PERIOD SUPPOSE YOU GET FIRED/QUIT IF YOU ARE IN STILL IN EXTENDED PERIOD OF ELIGIBILITY (EPE) YOURCHECK BEGINS AGAIN!

  21. Expedited Reinstatement (EXR) EXR = 5 years IF QUIT OR FIRED Check starts AGAIN quickly

  22. 9 TWP months WORK CHECK Extended Period of Eligibility (EPE) 3 YEARS Maybe CHECK or NO CHECK Expedited Reinstatement 5 YEARS

  23. THAT’S THE BASICS OF SSI AND SSDI

  24. SSI & SSDI Work Incentives • Impairment Related Work Expenses • Consumer pays out of pocket NOT DARS • MUST be related to disability • IRWE is approved by SSA and must show receipts • EXAMPLES • Cell phone IF you use texting at work • Batteries for hearing aids • Hearing aid accessories • Internet on Ipad for VP

  25. SSI Work Incentives • Student Earned Income Exclusion • Under the age of 22 “student” HS OR College • Can work without SSI deductions • Work and earn $1750 month OR $7,060 year • SSI check should stay the SAME • NO Deductions to check!

  26. THERE ARE MORE WORK INCENTIVES BUT THESE APPLY THE MOST TO DEAF/HH CONSUMERS

  27. NOW LETS DISCUSS HEALTH BENEFITS…

  28. MEDICAID If NO SSI, you may qualify for Medicaid 1619(b)- FREE! Work earnings $1 SSI Medicaid

  29. Medicaid 1619(b)- FREE! • State of Texas 2014 • Work earnings limit is $33,407 annually • Report income to SSA monthly • Keep resources $2000/$3000 for couple ***Spouse’s income CAN affect eligibility If you don’t qualify for Medicaid 1619 (b), Then try Medicaid Buy In (LOW COST!)

  30. Healthcare continues… • SSDI & Medicare • SSDI = Medicare • Work earnings $ increase + • NO SSDI- Extended Medicare • - Medicaid Buy In SSI & Medicaid $1 of SSI = Medicaid Work earnings $ increase + -1619 (b) If you lose 1619 (b) -Medicaid Buy In (MBI) SSDI, SSI, Medicare AND Medicaid SSDI = Medicare $1 SSI= Medicaid Work earnings $ increase + NO SSDI- Extended Medicare 1619 (b) OR Medicaid Buy In (MBI)

  31. Questions

More Related