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Lump sum back payment

Submitted by Anonymous (not verified) on

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.

Deanna

In reply to by Samuel (not verified)

Hi Samuel,
I am not sure what you are asking here. Back pay is only given out when you have to wait for more than 5 months to be approved for SSDI payments.

Tue, 04/26/2016 - 13:36 Permalink
Bryan

In reply to by Trevon (not verified)

Hi Trevon,
Back pay installments are usually paid six months apart. If it does not come in that time, I would contact the SSA for some more information.

Thu, 04/28/2016 - 13:35 Permalink
Anonymous (not verified)

So I received first installment on Oct.20 2015 so I thought I was supposed to get the 2nd on April 20 the 2016 but I had an appt.over the phone on the 21 st of April asking if the income in the household was still the same I said yes and interview was over.So do you know when I's the 2nd installment going to hit the bank???

Tue, 04/26/2016 - 22:20 Permalink
Bryan

In reply to by Anonymous (not verified)

Hi there,
I would not be able to say as we are not the SSA and would not have access to that information.

Thu, 04/28/2016 - 13:29 Permalink
Dave K., in Illinois (not verified)

I won my ssa disability case in Sept. 2015, but long story short I just received a lump sum over $10,000.00 do I have to spend this within a certain amount of time?

Wed, 04/27/2016 - 20:24 Permalink
Bryan

In reply to by Dave K., in Illinois (not verified)

Hi Dave,
If you are getting SSI benefits you may have to spend it within nine months, or it would be counted against your financial resource limits.

Thu, 04/28/2016 - 13:19 Permalink
Nicole (not verified)

My son was approved for back pay ssi he has received two of his back pay lump sum and waiting on his last lump. So how soon will he receive the final lump sum if he got it in October 2015?

Sat, 04/30/2016 - 14:27 Permalink
Bryan

In reply to by Nicole (not verified)

Hi Nicole,
The SSA generally pays lump sums six months apart, so if it has not shown up six months from the last lump sum payment, I would contact the SSA for some more information. You can call them at 1-800-772-1213.

Mon, 05/02/2016 - 11:01 Permalink
Bryan

In reply to by Anonymous (not verified)

Hi there,
You would lose that SSI payment because the acre of land would put you over the resource limits for SSI.

Mon, 05/09/2016 - 11:08 Permalink
Tommy James (not verified)

What all SSI need from me for my lump sum advancement. How much can I ask for out of 22,000 back payment that I cant wait six mouths for.

Sun, 05/08/2016 - 05:18 Permalink

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