The Social Security Administration recently provided guidance on Economic Impact payment. If your family member receives SSI, and receives a stimulus payment, the Social Security Administration will not consider it as income for 12 months. The Social Security Administration also will not consider it an available resource for 12 months. This is very important if you have a family member with a disability.
It means they can keep their stimulus payment, and they will not lose their SSI. The Division of Medical Assistance recently said stimulus payments won’t be counted for Medicaid eligibility either. Read more here.
The IRS has not yet issued guidance on stimulus payments, but when it is issued, we will be sure to update you.
If you have a question about the impact of a stimulus payment on your family member’s access to government benefit programs, contact Fredrick P. Niemann, Esq. toll-free at (855) 376-5291 or email him at firstname.lastname@example.org. Please ask us about our video conferencing consultations if you are unable to come to our office.
Written by Nicole C. Tomlin, Esq. of Hanlon Niemann & Wright