I received two lump sum payments, but I have not spent all of the funds. I want to make a funeral arrangement and buy a car. How soon must I spend the lump sum payment.
My daughter was approved. I got a deposit for 2162 today 3/30/18. I apply in February 2018 but my daughter final medical condition was put on record November 2017. Should I expect another payment for April? Are back pay and monthly payment in one payment. I haven't received a award letter yet? Just curious
Always double check with the SSA first. It should be okay, but just check in just to be safe. When you do buy the car, make sure you keep all records of the payment.
Here is what SSI says regarding the Lump Sum that was given to my son:
Dedicated Accounts for SSI Back Payments
If your child has recently been approved for SSI and is due a large back payment of benefits,
then you will be required to open a dedicated bank account for the funds and the use of those
funds will be subject to very specific restrictions.
The dedicated account must be a separate checking, savings, or money market account from
the one that is used for standard monthly SSI benefits.
The funds in the account must be maintained separately from all other funds, including
monthly benefit deposits from SSI.
The back payment funds cannot be used to purchase stocks, bonds, CDs, or any other form
of secured or unsecured investment.
The account must be registered showing your child as the owner of the funds and any and all
interest that may be accrued on the account.
Funds from your child’s dedicated account can be spent only on the following:
Medical treatment and related expenses
Educational expenses, including job and skills training costs
Special equipment, skilled nursing assistance, home modification costs, and rehab or therapy
expenses
His father put the funds in his own bank account, not a dedicated account for our son. The lump sum that was given to my son is now gone, his father spent it. None of it was used for any of the uses that are allowed, as stated above. What can I do for my son regarding this money?
I am Silvia Mcheown residing in Saint Paul, Minnesota. I have been struggling financially for a while now and wasn't able to get a loan from my bank and other credit union I applied with due to my credit score. But a friend of mine told me about Kendrick Investments Limited and how she was helped by Mr Christopher Kendrick with a loan. At first I doubted her because I have tried a lots of lenders who could not help me out due to poor credit. She advised I give a try to be convinced, so I contacted them via email: kendrickinvestmentslimited@outlook.com and after going through the loan process they granted me a loan amount of $42,000 as applied on the 2nd of August 2018. I want to reach out to everyone out there in need of financial assistance kindly contact this company for your loan assistance.
I can not work due to head trauma and I rely on my benefits. I didn’t get for October. I have no good or money who can I talk to receive payments. I barely make enough to live comfortable who can help me?
Make sure to keep all physical records of that transaction, so the SSA knows exactly that you spent that money on a car. You should always double check with the SSA first as well, it's always best to double check just to be safe.
My daughter was approved. I
My daughter was approved. I got a deposit for 2162 today 3/30/18. I apply in February 2018 but my daughter final medical condition was put on record November 2017. Should I expect another payment for April? Are back pay and monthly payment in one payment. I haven't received a award letter yet? Just curious
In reply to My daughter was approved. I by Bee (not verified)
Hi Bee,
Hi Bee,
I would recommend calling the SSA at 1-800-772-1213 or speaking with a rep at your local SSA office regarding that.
what can i do if i want to
what can i do if i want to buy a car with my back payment of ssi
In reply to what can i do if i want to by herminio (not verified)
Hi There,
Hi There,
Always double check with the SSA first. It should be okay, but just check in just to be safe. When you do buy the car, make sure you keep all records of the payment.
How can I find out when my
How can I find out when my SSI lump sum will come to me?
In reply to How can I find out when my by Anonymous (not verified)
I would recommend to keep
I would recommend to keep checking the status of your account online.
When will I receive my lump
When will I receive my lump sum payment ? Approved May 21st 2018.
In reply to When will I receive my lump by Jennifer E Gordon (not verified)
Hi Jennifer,
Hi Jennifer,
You should expect backpay about four months after you start to receive your benefits.
Here is what SSI says
Here is what SSI says regarding the Lump Sum that was given to my son:
Dedicated Accounts for SSI Back Payments
If your child has recently been approved for SSI and is due a large back payment of benefits,
then you will be required to open a dedicated bank account for the funds and the use of those
funds will be subject to very specific restrictions.
The dedicated account must be a separate checking, savings, or money market account from
the one that is used for standard monthly SSI benefits.
The funds in the account must be maintained separately from all other funds, including
monthly benefit deposits from SSI.
The back payment funds cannot be used to purchase stocks, bonds, CDs, or any other form
of secured or unsecured investment.
The account must be registered showing your child as the owner of the funds and any and all
interest that may be accrued on the account.
Funds from your child’s dedicated account can be spent only on the following:
Medical treatment and related expenses
Educational expenses, including job and skills training costs
Special equipment, skilled nursing assistance, home modification costs, and rehab or therapy
expenses
His father put the funds in his own bank account, not a dedicated account for our son. The lump sum that was given to my son is now gone, his father spent it. None of it was used for any of the uses that are allowed, as stated above. What can I do for my son regarding this money?
What is my balance back pay
What is my balance back pay SSI installments
In reply to What is my balance back pay by Martha Vanessa White (not verified)
Hi Martha,
Hi Martha,
We are not affiliated with the SSA, so we do not know. To find out you will need to call the SSA at 1-800-772-1213.
How I Got A Loan After Much
How I Got A Loan After Much Struggle
I am Silvia Mcheown residing in Saint Paul, Minnesota. I have been struggling financially for a while now and wasn't able to get a loan from my bank and other credit union I applied with due to my credit score. But a friend of mine told me about Kendrick Investments Limited and how she was helped by Mr Christopher Kendrick with a loan. At first I doubted her because I have tried a lots of lenders who could not help me out due to poor credit. She advised I give a try to be convinced, so I contacted them via email: kendrickinvestmentslimited@outlook.com and after going through the loan process they granted me a loan amount of $42,000 as applied on the 2nd of August 2018. I want to reach out to everyone out there in need of financial assistance kindly contact this company for your loan assistance.
When will I get my next lump
When will I get my next lump sum
In reply to When will I get my next lump by Elizabeth Bowens (not verified)
Hi Elizabeth,
Hi Elizabeth,
Back pay usually comes in three installments four months apart!
I can not work due to head
I can not work due to head trauma and I rely on my benefits. I didn’t get for October. I have no good or money who can I talk to receive payments. I barely make enough to live comfortable who can help me?
In reply to I can not work due to head by Racheal Uballe (not verified)
Hi Racheal,
Hi Racheal,
I would try contacting the SSA to see what happened. Their number is 1-800-772-1213.
did you send me a
did you send me a confirmation email? if so send it again it went in trash and i accidently deleted it
In reply to did you send me a by leonard (not verified)
Hi Leonard,
Hi Leonard,
We are not affiliated with the SSA or Federal Government. You may want to call the SSA about your email. Their number is 1-800-772-1213.
If i want to buy a car, and
If i want to buy a car, and want to use my back pay money, how do I do that?
In reply to If i want to buy a car, and by Gordon L Stough (not verified)
Hi Gordon,
Hi Gordon,
Make sure to keep all physical records of that transaction, so the SSA knows exactly that you spent that money on a car. You should always double check with the SSA first as well, it's always best to double check just to be safe.
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