![]() ![]() ¨ If persons receiving SSI are under age 22, not married or head of household, and regularly attending school, SSA does not count up to $400 of earned income per month when figuring their SSI payment amounts. The President is also proposing to automatically adjust these amounts thereafter based on any annual increases in the cost-of-living index. Increase the maximum monthly earned income exclusion for students who receive SSI from $400 to $1,290 and the yearly exclusion from $1,620 to $5,200. For 36 months after a successful TWP, if individuals are still disabled, they will be eligible to receive monthly disability benefits without a new application for any month earnings drop below $700.ģ.If earnings average more than $700 a month, benefits will continue for three more months before they stop. If earnings do not average more than $700 a month, benefits will generally continue. When nine trial work months are successfully completed within 60 months, SSA reviews the work to see if the earnings are "substantial." Generally, $700 per month is considered "substantial" earnings.A trial work month is any month in which their total earnings are more than $200 or, if self-employed, they earn more than $200 (after expenses) or spend more than 40 hours in their own business.The TWP continues until individuals accumulate 9 months (not necessarily consecutive) of "services" that they performed within a rolling 60-consecutive-month period.During the TWP, individuals will receive full disability benefits regardless of how high their earnings might be so long as they continue to have a disabling impairment. ![]() ¨ A Trial Work Period (TWP) allows disabled individuals receiving Social Security disability benefits to test their ability to work for at least 9 months. The President is also proposing to automatically adjust the amount thereafter based on any annual increases in the national average wage index. Increase from $200 to $530 the minimum amount of monthly earnings for a month to count during a trial work period for individuals who are Social Security beneficiaries and work. Disability benefits will continue unless the disabling condition improves or the disabled individuals return to performing "substantial" work.Ģ.Currently, monthly earnings of $700 or more are considered SGA and will make them ineligible for benefits. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |