Rounding of Benefit Rates

738. Rounding of Benefit Rates

738.1 Are benefit rates rounded?

Yes. Benefit rates must be rounded.

738.2 How are benefit rates rounded?

Calculations that are not a multiple of 10 cents are rounded to the next lower multiple of 10 cents. For example, $100.18 is rounded down to $100.10.

The monthly amount payable is rounded to the next lower multiple of $1 if it is not already a multiple of $1. For example, $100.70 is rounded down to $100.

If you are entitled to Medicare, the Part B premium is deducted before rounding the monthly benefit payable to the lower multiple of $1.

Last Revised: Oct. 31, 2003

Comments

ss computer hearing disabled could not understand

June 3, 2011 by Guest

waisted 4 calls to ss computer (she) could not understand a plainly enuciated last name then cancleled my call. computer did not refer me to a living operater. just said call back . wetried 4 times same problem. Pathetic!!!!!!!!! we must drive to office to get a simple letter of benefits which LA city demands not accepting the S>S> statment given for income tax report.

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Online request for Social Security Proof of Income Letter

June 5, 2011 by admin

I'm not sure what type of letter you're looking for. However, if you're looking for a "Proof of Income Letter" you can request it online at http://www.ssa.gov/beve

You can submit a complaint here :

http://ssa-custhelp.ssa.gov/app/ask_feedback/

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dual benefits for child

February 20, 2013 by Guest

i am on ssd. i am a single mom. my child receives auxiliary benefits on my record. my ssd and hers were used in child support court as earned income and reduced the amount of child support he had to pay.

living as two seperate families in two seperate houses, her dad dies. he worked paid ss etc... and now she has been denied her survivor benefits for she recieve a benefit on my record ( I too paid my ss "dues" when I worked!) her dad had no other children and was never married.

Now it appears we are out 340 dollars a month and her survivors benefits are free for the federal gov. to keep! I feel this is wrong and it's shady. we lived as poverty by our federal gov standards before he died and now it's even worse.

I feel sorry for my child having to do with out and having to have her mom all stressed out over money all the time. this is wrong to deny a minor child survivors benefits as long as the parent paid in the minor child should be able to get from BOTH parents record equally. just another way to lower the already poor for more control.

any help with suggestion would be great email itsmehurricaneb AT hotmail.com

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Disability, survivor, and child benefits

February 20, 2013 by admin

It sounds like you're receiving "normal" Social Security Disability (not SSI), and your child is receiving dependent benefits based on your work (disability) record.

http://www.ssa.gov/dibplan/dfamily4.htm

Normally, it's likely that your child would qualify for survivor benefits. However, in general for Social Security benefits, one can receive the HIGHER of two possible benefits, but not both.

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