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Nov 14, 2023 •255 likes •944 views

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  23. Social Security Administration

  24. SSA Benefit Programs Social Security Supplemental Security Income (SSI) Based on a No work requirement; worker’s earnings income, resources are (ret., disab., surv.) factors Family members Only for individual possibly entitled

  25. Social Security: Applying on Parent’s Record • Minor Child (under 18 ) - parent receiving ret. or disability, or deceased & worked enough - child need not be disabled • “Disabled Adult Child” (18+) - disabled before 22 - parent receiving or deceased • Can’t file online; must be phone, in-office

  26. Social Security: Applying on Own Work Record • Work requirement .... Can be as little as 1.5 years of work from jobs where Social Security taxes were paid • Can apply online

  27. Supplemental Security Income (SSI) • Provides cash benefit, Medicaid - aged (65+) - disabled adults & children • Must meet income, resource limits • No work requirement • State may contribute to benefit

  28. SSI Income Limits • Countable income - $771 monthly • If individual has other chargeable income, SSI will bring combined total to $791 - example: $600 other income results in SSI of $191

  29. “Deeming” Income of Parent(s) • Parental income, resources considered if minor child & parent(s) live together ( stops when child turns 18) • E.g: Single parent, working, 1 child on SSI - with no other children in household, monthly earnings limit is $3,209 ($38,508 yr)

  30. SSI Resource Limits • Resources: cash, bank accounts, bonds, stocks, non-home property • Limits: child has $2,000 limit, plus allowances for parents: - $2,000 if one parent living with - $3,000 if two parents living with

  31. Definition of “Disability” for Adults, for both Social Security & SSI • Physical/mental impairment & • If working, individual not earning over $1,220 monthly

  32. SSI Definition of Disability for Children • Physical or mental condition that causes “ marked & severe functional limitations” • Look at how appropriately, effectively, & independently child performs activities …. compared to unimpaired children of same age

  33. Filing SSI Disability Application: Online at socialsecurity.gov • For minor children , only the medical portion can be completed online; the non-medical must be completed later either by telephone or in-person at SSA office • Adults can complete entire claim online in certain situations

  34. Who Determines Disability? • After application taken , medical portion sent to Disability Determination Services (DDS) • Disability evaluation specialist & medical/psychological consultant consider evidence, make decision • Average processing time: 90 days

  35. If Social Security Claim Approved… • Benefits due after 5-month waiting period e.g., onset date - March 20, 2018 entitlement begins - September 2018 paid - October 2018 ( Note - no waiting period for Disabled Adult Child claims) • Medicare begins after 24 months of entitlement: September 2020

  36. If SSI Claim Approved… • Benefits usually retroactive to effective date of application • Medicaid entitlement coincides with benefit entitlement

  37. If Claim Denied… • Upon receipt of denial notice, 60 days to file reconsideration • If recon denied, other appeals: - Hearing - Appeals Council Review - Federal court review

  38. If Recipient Wants to Work … • Ticket to Work program provides vocational rehabilitation, training, job referrals, other employment supports • Work Incentive provisions allow earnings without immediate threat of losing cash benefits, health insurance

  39. 1 PA ABLE Savings Program (PA ABLE) Overview of PA ABLE Savings Program Karen Carr ABLE Field Representative Pennsylvania Treasury Bureau of Savings Programs

  40. 3 What is ABLE? An ABLE account is a savings account for disability-related expenses. It gives eligible individuals with qualified disabilities, and their families and friends, a tax- free way to save for disability-related expenses, while maintaining government benefits (with a limitation for Supplemental Security Income). Pennsylvania Treasury Bureau of Savings Programs

  41. 5 What is PA ABLE? Save While Maintaining Government Benefits • Savings placed in a PA ABLE account do NOT count against ANY federal need-based benefits including Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families (TANF), Medical Assistance (Medicaid), housing assistance programs, student financial aid and more. • PA ABLE assets are not counted for Pennsylvania needs-based disability, health and student financial aid. • Supplemental Security Income (SSI) recipients can save up to $100,000 while maintaining benefits. Above that, SSI will be suspended, but not terminated, and Medical Assistance benefits will continue. • ABLE account owners who don’t receive SSI can save more $500,000 in ABLE. Pennsylvania Treasury Bureau of Savings Programs

  42. 6 Benefits Specific to PA ABLE • An Eligible Individual can open ONE ABLE account nationwide. • Several benefits are only available to Pennsylvanians who use a PA ABLE account. • Enroll online at PAABLE.gov or with a paper application available online or by calling 855-529-ABLE (2253). Pennsylvania Treasury Bureau of Savings Programs

  43. 8 Save taxes with PA ABLE Tax Benefits of PA ABLE Deductions and credits: • Any PA taxpayer’s contributions to a PA ABLE account may be deducted from state taxable income up to $15,000 per person, per year. Only contributions to a PA ABLE account qualify for the PA state income tax deduction. • Account owners 18 or older may be eligible for a federal credit up to $2,000 for contributions to their ABLE account if they are not full-time students and not claimed as a dependent on another person’s return . Earnings: Earnings in a PA ABLE account grow federal and PA income tax deferred and withdrawals for qualified disability expenses are federal and PA income tax free. Other: PA ABLE assets excluded from PA inheritance tax (both the principal and earnings) and also protected from creditors of the Account Owner or contributor in PA state proceedings. Pennsylvania Treasury Bureau of Savings Programs

  44. 10 Who is Eligible? To be eligible for an ABLE account, a person must: 1. Have a qualifying disability which started before 26th birthday; AND 2a. Be eligible for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) OR 2b. Self-certify they meet certain disability standards ( next slide ) Pennsylvania Treasury Bureau of Savings Programs

  45. 11 Self Certification To self-certify, the qualifying disability must be: • Blindness, OR • A “Medically determinable physical or mental impairment,” • That results in “marked and severe functional limitations,” AND • Is expected to last for 12 continuous months or result in death. Anyone that self-certifies eligibility must possess a written diagnosis* related to the impairment signed by a physician who meets SSA criteria. *While not required to enroll, the written diagnosis must be provided if requested. Pennsylvania Treasury Bureau of Savings Programs

  46. Opening and Maintaining – Opening an Account 12 • Enroll online at PAABLE.gov or with a paper application available online or by calling 855-529-ABLE (2253). • PA ABLE accounts are FREE to open (other fees apply). • Eligible Individual must open account if 18 or older with legal capacity to contract. • To establish an account for minors or adults who lack the capacity to contract, an authorized individual can open an account. • Authorized Individual may be parent, guardian, or power of attorney. Pennsylvania also allows Representative Payees to open accounts on behalf of an individual with a disability. Pennsylvania Treasury Bureau of Savings Programs

  47. Opening and Maintaining – Four Levels of Authorized Agents 13 • Level 1: The ability to obtain information about the account and receive duplicate account statements. • Level 2: Access of Level 1 + can move money among investment options within the account. • Level 3: Access of Level 2 + can withdraw money from the account in accordance with PA ABLE procedures. • Level 4: Full control over the account. Pennsylvania Treasury Bureau of Savings Programs

  48. 14 Opening and Maintaining – Contributing to a PA ABLE account • Contributions can be made online, by check, money order, via payroll deduction, or automatically from a bank. • Anyone may make a contribution. • Family and friends can also contribute with Ugift ( https://www.ugiftable.com/) • Contributions must be at least $25. • Annual account contribution maximum of $15,000 (from all sources). • Roll over 529 account funds into a PA ABLE account owned by you or a member of your family (limitations apply). • Contributions are considered a completed gift to the Account Owner. • Importance for gifting – should be directly to ABLE account to avoid impacting benefits. Pennsylvania Treasury Bureau of Savings Programs

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