From WYMT:
We at WYMT received many calls and emails from viewers who wanted to know whether or not individuals that are living on social security will receive the benefit checks as a result of the stimulus package currently making its way through congress.
Thursday, we talked directly to Senate Majority Leader Mitch McConnell for answers.
His office told WYMT that all U.S. residents who are not claimed as a dependent of another taxpayer and have a work-eligible social security number (up to the income threshold limits) will receive a stimulus check.
"This does apply to those who have no income, as well as those who receive income from non-taxable means-tested benefit programs, such as Social Security," they told us in a statement. ...What I wonder about are the people who don't get their stimulus checks because they've changed bank accounts. Who's responsible for taking care of those cases? I don't think it's Social Security, though.
So Mitch doesn't know beans about Social Security. Social Security is neither means-tested nor non-taxable. Scary. No wonder his party wants to do away with Social Security.
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ReplyDeleteSSI is means tested, but DIB and RIB are not. On the other hand, DIB and RIB are taxable, but SSI is not...so either way, Mitch's statement makes no sense.
My understanding is, the IRS and/or treasury will use the direct deposit information on your most recent tax return. If they don't have banking information, there is language in the bill letting them contact other agencies (SSA for example) to get the info from them. It's a bit messy, but hey, it should get things done faster than normal.
can someone provide a link to the final version of the cares act . I'm looking for the exclusion of dependants.
ReplyDeleteI'm wondering if SSI recipients get a check, how it impacts income and resource limits. I agree the way it is written seems to indicate that SSI recipients can get one, but then nothing about the impact is yet available so far as I can find.
ReplyDeleteOur office spoke with the manager of our local field office today and they have no idea either, how the stimulus check will affect SSI payments.
ReplyDeleteExcluded as income; excluded as a resource fro 12 months
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