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How Income is Counted
2132.1 How does SSA count income?
We count income by determining countable income for each calendar month of eligibility. This means looking at income you received (or deemed to have received, see §2167) in a given month. We then apply exclusions appropriate to that month's income.
2132.2 What happens if countable income is more than the FBR?
If your countable income is more than the FBR, you are not eligible for a Federal benefit. Since SSI payments are made on the first day of a month for that same month, we need to use an estimate of countable income to project your eligibility for that month.
2132.3 When does SSA review the estimates of countable income?
We review the estimates (and revise them, if necessary) whenever there is a report of change or a redetermination.
2132.4 What month is used to compute your benefit amount?
If you are eligible for a particular month, we usually compute your SSI benefit amount for the month using your countable income from two months before the current month. This is called retrospective monthly accounting (see §2183).
Last Revised: March, 2001
- Countable Income
- Retrospective Monthly Accounting
- Whose income is counted?
- What are the earned income exclusions?
- Role of Resources
- When Income is Counted
- How does income affect SSI benefits?
- Deeming from a Parent to a Child Under Age 18
- Eligible Couples
- What is the Federal SSI payment amount?
- Computation of Payments
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