Social Security Payment Checks | SocialSecurityHop.com

Tables of Federal Benefit Rates, One-third Reduction Values, and Presumed Maximum Values

2147. Tables of Federal Benefit Rates, One-third Reduction Values, and Presumed Maximum Values

2147.1 What are the applicable Federal benefit rates (FBR)?


Federal Benefit Rates

2003

2004

2005

2006

2007

2008

Individual Full FBR

$552

$564

$579

$603

$623

$637

Medicaid Care

$30

$30

$30

$30

$30

$30

Eligible Couple Full FBR

$829

$846

$869

$904

$934

$956

Medicaid Care (Eligible Couple)

$60

$60

$60

$60

$60

$60

Essential Person (E/P) Increment

$277

$282

$290

$302

$312

$319

2147.2 What are the applicable one-third reduction rule values (VTR)?


Reduction Rule Values

2004

2005

2006

2007

2008

Individual

$188.00

$193.00

$201.00

$207.66

$212.33

Individual and E/P

$282.00

$289.66

$301.66

$311.66

$318.66

Eligible Couple

$282.00

$289.66

$301.33

$311.33

$318.66

2147.3 What are the applicable presumed maximum values (PMV)?


Presumed Maximum Values

2004

2005

2006

2007

2008

Individual PMV

$208.00

$213.00

$221.00

$227.66

$232.33

Individual and E/P PMV

$302.00

$309.66

$321.66

$331.66

$338.66

Eligible Couple PMV

$302.00

$309.66

$321.33

$331.33

$338.66

Last Revised: Feb. 1, 2008

Comments

deeming

March 9, 2013 by Guest

I was on ssi or soc sec when my wifeapplied at 63 she was told she had to deduct from her amount to pay enough in an on her medicare an that when she reached 65 to come back an she would have enough paid in an that she would be abel to draw half of my amount we did all this but when we went back they said they were DEEMING her an it was a new program an she would only recive one third of mine.an that she still owed more on her medicare when i asked about the 130 dollars they had been takeing out fot it she said I was LIEING.an that we should be happy an not greedy because when she got old enough there wouldnt be any an to stop complaining.An nobody weve talked to has any idea what deeming is I still dont know can anyone help us on this

Deeming of income or resources

March 10, 2013 by David Luhman

"Deeming" is when resources (assets) or income from a relative is "assigned" or "shared" to a beneficiary. I have generally seen deeming in the case of an SSI beneficiary.

In your case, it seems like the income of one of you is being deemed to the other spouse. In general, deeming may reduce one's benefit.

See the following for more :

http://www.ssa.gov/ssi/text-income-ussi.htm

http://www.ssa.gov/ssi/text-resources-ussi.htm

Ads

Ads - Also Recommended

.