Reporting what we do with our SSDI money

LouLou

New member
I recall when I first was awarded SSDI coverage that I read that I needed to be prepared to report what I was spending my and my son's disability check on.

Am I correct? Could you comment on any knowledge or experience on this subject?

I guess I'm wondering if a budget will be sufficient or are they going to require monthly evidence via receipts? I could prove it...just one more paperwork project to manage, ugh!
 

LouLou

New member
I recall when I first was awarded SSDI coverage that I read that I needed to be prepared to report what I was spending my and my son's disability check on.

Am I correct? Could you comment on any knowledge or experience on this subject?

I guess I'm wondering if a budget will be sufficient or are they going to require monthly evidence via receipts? I could prove it...just one more paperwork project to manage, ugh!
 

LouLou

New member
I recall when I first was awarded SSDI coverage that I read that I needed to be prepared to report what I was spending my and my son's disability check on.

Am I correct? Could you comment on any knowledge or experience on this subject?

I guess I'm wondering if a budget will be sufficient or are they going to require monthly evidence via receipts? I could prove it...just one more paperwork project to manage, ugh!
 

LouLou

New member
I recall when I first was awarded SSDI coverage that I read that I needed to be prepared to report what I was spending my and my son's disability check on.

Am I correct? Could you comment on any knowledge or experience on this subject?

I guess I'm wondering if a budget will be sufficient or are they going to require monthly evidence via receipts? I could prove it...just one more paperwork project to manage, ugh!
 

LouLou

New member
I recall when I first was awarded SSDI coverage that I read that I needed to be prepared to report what I was spending my and my son's disability check on.
<br />
<br />Am I correct? Could you comment on any knowledge or experience on this subject?
<br />
<br />I guess I'm wondering if a budget will be sufficient or are they going to require monthly evidence via receipts? I could prove it...just one more paperwork project to manage, ugh!
 

JazzysMom

New member
You will get a statement for your son showing what they paid to you for him.

I get mine around May, but that is the around the time I was approved so not sure if this is the standard time or if its based on your disability approval date.

It shows the $$ amount paid for the child(s) & asked you to show what you saved versus what you spent of it & if you saved whose names are on the account.

IF you dont already know this YOUR name MUST be on the account the $$ is going into. I found out this with my first report I sent in. I got a phone call from SS because originally the account in place was under my husband ONLY FOR Jazmine since it was with his credit union.

We then went in & put my name on it also. JOINT is ok as long as your name is on it. I took the paperwork from SS to show the credit union what was needed so they understood.

I use to freak if we didnt save the same amount or a good portion of the amount paid for Jazmine. Now I realize that for us (3 people) its ok to split all household bills 3 ways & then any extras (clothing, toys etc) for just Jazmine can come out of her $$.

I am guessing that unless you are totally careless with the $$ things really are simple.

One other thing I found which startled me is whatever you report as being saved THAT year will be added to what is PAID the next year & sitting as the dollar figure on the paperwork from them.

So if you get $100.00 in benefits for 2009 & in 2008 you reported saving $75. of the 2008 benefits then your paperwork in 2009 will show $175. you have to account for.

If you have any other ??? give me a shout!

PS the only paperwork I had to ever show was the change of the name on the account I spoke of, but since everything is basically legit. It wouldnt be hard to prove where the $$ goes if they asked.
 

JazzysMom

New member
You will get a statement for your son showing what they paid to you for him.

I get mine around May, but that is the around the time I was approved so not sure if this is the standard time or if its based on your disability approval date.

It shows the $$ amount paid for the child(s) & asked you to show what you saved versus what you spent of it & if you saved whose names are on the account.

IF you dont already know this YOUR name MUST be on the account the $$ is going into. I found out this with my first report I sent in. I got a phone call from SS because originally the account in place was under my husband ONLY FOR Jazmine since it was with his credit union.

We then went in & put my name on it also. JOINT is ok as long as your name is on it. I took the paperwork from SS to show the credit union what was needed so they understood.

I use to freak if we didnt save the same amount or a good portion of the amount paid for Jazmine. Now I realize that for us (3 people) its ok to split all household bills 3 ways & then any extras (clothing, toys etc) for just Jazmine can come out of her $$.

I am guessing that unless you are totally careless with the $$ things really are simple.

One other thing I found which startled me is whatever you report as being saved THAT year will be added to what is PAID the next year & sitting as the dollar figure on the paperwork from them.

So if you get $100.00 in benefits for 2009 & in 2008 you reported saving $75. of the 2008 benefits then your paperwork in 2009 will show $175. you have to account for.

If you have any other ??? give me a shout!

PS the only paperwork I had to ever show was the change of the name on the account I spoke of, but since everything is basically legit. It wouldnt be hard to prove where the $$ goes if they asked.
 

JazzysMom

New member
You will get a statement for your son showing what they paid to you for him.

I get mine around May, but that is the around the time I was approved so not sure if this is the standard time or if its based on your disability approval date.

It shows the $$ amount paid for the child(s) & asked you to show what you saved versus what you spent of it & if you saved whose names are on the account.

IF you dont already know this YOUR name MUST be on the account the $$ is going into. I found out this with my first report I sent in. I got a phone call from SS because originally the account in place was under my husband ONLY FOR Jazmine since it was with his credit union.

We then went in & put my name on it also. JOINT is ok as long as your name is on it. I took the paperwork from SS to show the credit union what was needed so they understood.

I use to freak if we didnt save the same amount or a good portion of the amount paid for Jazmine. Now I realize that for us (3 people) its ok to split all household bills 3 ways & then any extras (clothing, toys etc) for just Jazmine can come out of her $$.

I am guessing that unless you are totally careless with the $$ things really are simple.

One other thing I found which startled me is whatever you report as being saved THAT year will be added to what is PAID the next year & sitting as the dollar figure on the paperwork from them.

So if you get $100.00 in benefits for 2009 & in 2008 you reported saving $75. of the 2008 benefits then your paperwork in 2009 will show $175. you have to account for.

If you have any other ??? give me a shout!

PS the only paperwork I had to ever show was the change of the name on the account I spoke of, but since everything is basically legit. It wouldnt be hard to prove where the $$ goes if they asked.
 

JazzysMom

New member
You will get a statement for your son showing what they paid to you for him.

I get mine around May, but that is the around the time I was approved so not sure if this is the standard time or if its based on your disability approval date.

It shows the $$ amount paid for the child(s) & asked you to show what you saved versus what you spent of it & if you saved whose names are on the account.

IF you dont already know this YOUR name MUST be on the account the $$ is going into. I found out this with my first report I sent in. I got a phone call from SS because originally the account in place was under my husband ONLY FOR Jazmine since it was with his credit union.

We then went in & put my name on it also. JOINT is ok as long as your name is on it. I took the paperwork from SS to show the credit union what was needed so they understood.

I use to freak if we didnt save the same amount or a good portion of the amount paid for Jazmine. Now I realize that for us (3 people) its ok to split all household bills 3 ways & then any extras (clothing, toys etc) for just Jazmine can come out of her $$.

I am guessing that unless you are totally careless with the $$ things really are simple.

One other thing I found which startled me is whatever you report as being saved THAT year will be added to what is PAID the next year & sitting as the dollar figure on the paperwork from them.

So if you get $100.00 in benefits for 2009 & in 2008 you reported saving $75. of the 2008 benefits then your paperwork in 2009 will show $175. you have to account for.

If you have any other ??? give me a shout!

PS the only paperwork I had to ever show was the change of the name on the account I spoke of, but since everything is basically legit. It wouldnt be hard to prove where the $$ goes if they asked.
 

JazzysMom

New member
You will get a statement for your son showing what they paid to you for him.
<br />
<br />I get mine around May, but that is the around the time I was approved so not sure if this is the standard time or if its based on your disability approval date.
<br />
<br />It shows the $$ amount paid for the child(s) & asked you to show what you saved versus what you spent of it & if you saved whose names are on the account.
<br />
<br />IF you dont already know this YOUR name MUST be on the account the $$ is going into. I found out this with my first report I sent in. I got a phone call from SS because originally the account in place was under my husband ONLY FOR Jazmine since it was with his credit union.
<br />
<br />We then went in & put my name on it also. JOINT is ok as long as your name is on it. I took the paperwork from SS to show the credit union what was needed so they understood.
<br />
<br />I use to freak if we didnt save the same amount or a good portion of the amount paid for Jazmine. Now I realize that for us (3 people) its ok to split all household bills 3 ways & then any extras (clothing, toys etc) for just Jazmine can come out of her $$.
<br />
<br />I am guessing that unless you are totally careless with the $$ things really are simple.
<br />
<br />One other thing I found which startled me is whatever you report as being saved THAT year will be added to what is PAID the next year & sitting as the dollar figure on the paperwork from them.
<br />
<br />So if you get $100.00 in benefits for 2009 & in 2008 you reported saving $75. of the 2008 benefits then your paperwork in 2009 will show $175. you have to account for.
<br />
<br />If you have any other ??? give me a shout!
<br />
<br />PS the only paperwork I had to ever show was the change of the name on the account I spoke of, but since everything is basically legit. It wouldnt be hard to prove where the $$ goes if they asked.
 

Skye

New member
I think they basically want to make sure you are not spending the $$ on booze, smokes, gambling. Just want to make sure that the child is benefiting from the money being given.

The best way to do that is set up an account for them with your name on it. Simple reporting and simple to see where the money is.
 

Skye

New member
I think they basically want to make sure you are not spending the $$ on booze, smokes, gambling. Just want to make sure that the child is benefiting from the money being given.

The best way to do that is set up an account for them with your name on it. Simple reporting and simple to see where the money is.
 

Skye

New member
I think they basically want to make sure you are not spending the $$ on booze, smokes, gambling. Just want to make sure that the child is benefiting from the money being given.

The best way to do that is set up an account for them with your name on it. Simple reporting and simple to see where the money is.
 

Skye

New member
I think they basically want to make sure you are not spending the $$ on booze, smokes, gambling. Just want to make sure that the child is benefiting from the money being given.

The best way to do that is set up an account for them with your name on it. Simple reporting and simple to see where the money is.
 

Skye

New member
I think they basically want to make sure you are not spending the $$ on booze, smokes, gambling. Just want to make sure that the child is benefiting from the money being given.
<br />
<br />The best way to do that is set up an account for them with your name on it. Simple reporting and simple to see where the money is.
 
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