People who have been approved for Supplemental Security Income (SSI) disability already know that the benefits are based on financial need. The resources a person has available will dictate what they receive in SSI benefits. To ensure that recipients are getting what they are supposed to get, it is necessary to take part in monthly wage reporting. At the start of each month, the SSI recipient will report his/her wages to the Social Security Administration as a requirement under the law. The wages may or may not affect the amount the person gets. When getting SSI benefits, there are many important requirements to keep the benefits current and accurate. Wage reporting is imperative to the process.
In general, the more money a person makes, the less he/she will receive in SSI. Failure to report wages accurately can lead to the SSA asking for money back. The following wages must be reported:
Here is a list of what financial information one should report: