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SSI and saving money. by James Pockdale - Sun, 08 Oct 2017 13:33:54 EST ID:Y6izbsvG No.45930 Ignore Report Quick Reply
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Hopefully I'm going to be going on SSI/SSDI by the end of the year,

So with SSI you're only supposed to have $2000 in assets or your benefits stop. Now the SSA can only monitor what you have in the bank, so if you never mention it is there anything stopping you from saving cash in a safe at home that the SSA doesn't know about? It seems logical that you could do this and I've checked a few other sources online that have mentioned doing this, but I'm curious what /law/'s opinion and experience is.

On a side note I think it is really idiotic that you can't save money on SSI. So... apparently the SSA deems that if you can save beyond a certain amount, you don't deserve disability because you're doing well enough?
Ron_Paul_Revolution - Sun, 08 Oct 2017 21:44:30 EST ID:qZRuVaLh No.45931 Ignore Report Quick Reply
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God bless America.
David Hindercocke - Mon, 09 Oct 2017 14:02:16 EST ID:Wld+/Fwa No.45932 Ignore Report Quick Reply
Yeah, asking how to defraud the government isn't really going to get you good answers.
Martin Dandledale - Mon, 09 Oct 2017 15:32:11 EST ID:Y6izbsvG No.45933 Ignore Report Quick Reply
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Right... sorry... it's just a frustrating thing.

From what I understand the resource limit that contributes to the $2000 excludes things that are personal effects and things that can not actually be sold.

I guess I could just force myself to spend the extra cash on things like amazon credit since that's something I can not sell for cash and probably silver, gold, or platinum coins since those could conceivably fall under personal effects.

I just need a way to save resources for a rainy day or emergencies beyond the $2000 limit.
Reuben Classlecocke - Mon, 09 Oct 2017 17:09:59 EST ID:7+bAkpmb No.45934 Ignore Report Quick Reply
How about get a job?
riot_police - Mon, 09 Oct 2017 17:19:35 EST ID:qZRuVaLh No.45935 Ignore Report Quick Reply
nice fail crowd control
Molly Blackfuck - Thu, 23 Nov 2017 12:37:42 EST ID:7OEm/IiC No.45974 Ignore Report Quick Reply
I'm no expert or anything, but unless you're having to save receipts for the food/rent/medical expenses you're *supposed* to be spending the money on then how would they know you were exaggerating your financial needs and saving the surplus?
Jenny Drennerville - Sat, 25 Nov 2017 10:37:22 EST ID:amO2ItNG No.45978 Ignore Report Quick Reply
Would you care to state exactly why you are going on SSI?
Cornelius Dartstone - Sun, 26 Nov 2017 13:12:35 EST ID:VDw2Ex8H No.45979 Ignore Report Quick Reply
if you're saying "how would they know" with regards to public funds you're absolutely committing fraud.

So...maybe don't do that.
Ernest Sozzleshit - Wed, 29 Nov 2017 02:03:38 EST ID:Y6izbsvG No.45980 Ignore Report Quick Reply
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From what I understand, only representative payees (people appointed by the SSA to manage the money of SSI/SSDI recipients who can not do so themselves) actually need to keep records and reciepts so I think I'm safe with just sticking cash in an Amazon account or under a mattress or in a home safe.

The SSA actually says you can not legally have more than 2000 dollars or things collected for their value that could be easily sold adding up to that amount, but it's not like they can just search your home for cash whenever they want or have an automatic awareness of all your cash transactions. Amazon credit couldn't actually be sold in any form and it would actually allow me to save for things like a new PC, my current one is getting pretty old.
Diagnosed with Autism Spectrum Disorder, Major Depressive Disorder, and Generalized Anxiety Disorder. Basically I'm too much of a depressed, autistic, anxious, social retard to get a job or leave the house for anything other than necessities. According to my lawyer the judge approved my case without a hearing on some certain conditions and I'm just waiting on the approval letter.
Ernest Sozzleshit - Wed, 29 Nov 2017 02:26:36 EST ID:Y6izbsvG No.45981 Ignore Report Quick Reply
Note the 2000 dollar limit is only if you're on SSI. With SSDI you can save as much as you want. I'm getting both. I am considering deliberately going off SSI once I get all my backpay. I'm aware that you are given a 9 month period after where backpay does not contribute to the limit after receiving it.

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