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$1, 200 Economic Impact Payments to SSI Recipients Will Not Count as Income: SSA

Date Posted: Friday, April 17, 2020

New Guidance about COVID-19 Economic Impact Payments
From Social Security Administration Commissioner Andrew Saul, April 10, 2020

“The Treasury Department launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments. However, for some people receiving benefits from the Social Security Administration—specifically those who have dependent children under the age of 17—it is to their advantage to go to this portal to ensure they also get the $500 per dependent Economic Impact Payment. I encourage them to do this as soon as possible, and want to provide the following details...Click here to read.