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I currently get SSI and am 60. When I turn 62, will I be able to collect my social security benefits AND SSI at the same time?
Ocean City, MD
Viewed 25 times.
Posted 21 days ago in Social Security
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I have been getting S.S.I. for past yr and a half as it was approved before a judge. I am very interested in knowing if I will be able to "continue" my S.S.I. when I start to collect my Social Security benefits at age 62 or even later. Can you collect both at the same time?
Answers (1)
Cary L. Winslow
This attorney is licensed in Iowa and 3 other states.
Posted 14 days ago.
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SSI is a means-tested program. The Social Security you receive will reduce the amount you receive in SSI each month. Social Security is budgeted as unearned income. Unearned income -- except for the first $20, which is disregarded -- is budgeted dollar-for-dollar against the SSI grant. If you were receiving $674 in SSI and began receiving $500 in Social Security, your SSI would be reduced to $194 a month ($674-$480); your monthly income would increase by $20. If you were receiving $674 in SSI and began receiving $700 in Social Security, you would no longer receive any SSI ($674-$680).
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