Social Security has adopted new final rules on dedicated accounts and installment payments for some past-due SSI benefits.
1 comment:
Anonymous
said...
It's nice to give the dedicated account rules some teeth and SSA the authority to do something about parents who misapply funds. But to decrease the amount of SSI subject to installments?? If you are due $20,000 in retroactive benefits, we issue $1800 now, $1800 in six months and the balance in 12 months. Other than keeping money in the US Treasury longer, what is the point? To discourage SSI applications? This is so difficult to explain in the field offices.
1 comment:
It's nice to give the dedicated account rules some teeth and SSA the authority to do something about parents who misapply funds. But to decrease the amount of SSI subject to installments?? If you are due $20,000 in retroactive benefits, we issue $1800 now, $1800 in six months and the balance in 12 months. Other than keeping money in the US Treasury longer, what is the point? To discourage SSI applications? This is so difficult to explain in the field offices.
Post a Comment