Lump sum back payment

Submitted by Anonymous (not verified) on Mon, 09/26/2011 - 13:04

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.

Britney (not verified)
Mon, 09/11/2017 - 13:32 Permalink

I want to get off ssi , can I get my last lump sum payment early if I do?

Charlie (not verified)
Wed, 09/13/2017 - 13:33 Permalink

My wife was just approved for Disability insurance (SSDI, the one that is strictly for people who are disabled, nothing to do with a financial based disability supplement.)

She is entitled to back pay and there has already been an ACH prenote credit US TREAS 303 SOC SEC posted to our account (on Sept 5, 2017).

However, after reading the letter she got yesterday from Social security, it sates they may have to reduce the benefits if she received Supplemental Security income (SSI) for this period.

Since we got the prenote for 0$ last week, is that an indication they have already determined she didn't received Supplemental Security income, if so, how long does it take to get the funding put into the account after the Prenote of $0

Bryan

In reply to by Charlie (not verified)

Fri, 09/15/2017 - 09:21 Permalink

Hi Charlie,
That may just be a form letter if she did not receive SSI benefits, but I really could not say that the prenote indicates that your wife did not receive SSI benefits.

Brad (not verified)
Fri, 09/15/2017 - 22:23 Permalink

My attorney was paid this week. So how long on avg does it take for them to release my back pay?? I was understanding it was just 1-2 days. Is this correct??

Bryan

In reply to by Brad (not verified)

Mon, 09/18/2017 - 15:45 Permalink

Hi Brad,
It would depend on which benefit you are receiving, if you are receiving SSDI benefits, you would receive your back pay in about four months after you start receiving monthly benefits.

Kacee (not verified)
Sat, 09/16/2017 - 09:27 Permalink

I received my first back time pay and i had to get a car so i can have transportation back and forth to my dr appointments, so 2 weeks later where i was staying they kicked me out their house and i found a place to rent and I really need the rest of my back time pay so I could have somewhere to stay, im trying to see how could i get the rest of my money so I want be out on the streets I got a letter from the landlord who is renting me the place and took it to my worker so I'm wondering how long it will take

Jeanette (not verified)
Sat, 09/16/2017 - 14:20 Permalink

My daughter lived with me 40 months while fighting to get ssi on the condition she pay me back does ssi pay it because they counted my suppot as her income and cut her back pay and monthly check down.

mary (not verified)
Mon, 09/18/2017 - 15:24 Permalink

Was told from ssa fo.that my dire need cash was released on 9-15-17 so when can i get it.

Eric

In reply to by mary (not verified)

Tue, 09/19/2017 - 08:50 Permalink

Hi Mary,

We are not affiliated with the SSA, so I can't say for sure. I would recommend speaking to a SSA representative at 1-800-772-1213.

Cody (not verified)
Tue, 09/19/2017 - 11:00 Permalink

I get my First Check Oct 11th How long will it take for my Back Pay??

Meryl (not verified)
Tue, 09/19/2017 - 13:12 Permalink

I see a lot on here about SSI but my husband was told at his hearing that he's being approved for a Social Security disability. Are there any restrictions on what you use your backpay for when you're getting SSD? For SSD how will they break up his back payment? Two payments? Three payments? We fought for 8 1/2 years to get approved so he has quite a lump sum coming. I have to put out there how ridiculous it is that you do have to wait so long to finally get approved and then you have to wait another six months to a year to have all of your money. If I am wrong about that please let me know. I'm hoping someone does something about that someday.

Bryan

In reply to by Meryl (not verified)

Tue, 09/19/2017 - 16:33 Permalink

HI there,
SSDI benefits have fewer restrictions because they are not based on income, but rather work record. Back pay is paid in one lump sum. Generally you have a good bit of freedom as to how you can use that back pay.

anonomys (not verified)
Tue, 09/19/2017 - 13:17 Permalink

My husband was approved for disability benefits and has had his meeting with SS, he was given a breakdown as to what his monthly benefits were going to be, but we recently received a letter with an EOB for SSI payments should we combine the SSI amount with the SSDI to get an understanding of what his benefit amount should be , very confusing.

Bryan

In reply to by anonomys (not verified)

Tue, 09/19/2017 - 16:35 Permalink

HI there,
If he is eligible for both programs, his benefits would be both combined, up to a maximum of $755 a month (this is the SSI limit)

Senaa (not verified)
Thu, 09/21/2017 - 23:15 Permalink

I just got my 2nd payment this month ' I wanna bye a car is it possible I can get another payment early ?

Bryan

In reply to by Senaa (not verified)

Mon, 09/25/2017 - 14:36 Permalink

Hi Senaa,
You may be eligible for this, but it's a good idea to contact your local SSA office regarding this.

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