The stimulus payment will be sent to these SSI recipients the same way they get their normal benefits, either through direct deposit, Direct Express debit card, or paper check. The Treasury Department says it expects payments for SSI recipients to go out no later than early May.
Do I need to apply for stimulus check if I get SSI?
Individuals who receive Social Security disability or SSI should automatically get the stimulus money. If you don’t file a tax return because your income is low and/or your only income is SSI or SSDI or veterans benefits, you are still eligible for the COVID-19 stimulus payment.
Who is eligible for a social security stimulus check?
If you receive Social Security SSI or SSDI benefits, your check should have arrived or be on the way by now. Here are the details: Many who receive Social Security payments and most SSI and SSDI recipients and retired railroad workers will qualify to receive a stimulus check (see the general eligibility requirements here.)
What happens if I receive a stimulus check?
So, if an individual receiving SSI also receives a stimulus payment or multiple stimulus payments, it is possible that their asset limit could temporarily exceed $2,000. Does that mean they will no longer be eligible for benefits?
When do stimulus payments count as income for SSI?
SSA assured SSI beneficiaries that stimulus payments won’t count as income for SSI recipients, and the payments will be excluded from financial resource calculations for 12 months.
Is there an asset limit on a stimulus check?
If you have a joint bank account with someone, or hold any property with someone else, SSI will consider that you own the entire account or property. So, if an individual receiving SSI also receives a stimulus payment or multiple stimulus payments, it is possible that their asset limit could temporarily exceed $2,000.