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.

Marie (not verified)

In reply to by Eric

Wed, 12/06/2017 - 23:09 Permalink

Thank you Eric for your fed back!! Have a Blessed day!

Anonymous (not verified)
Tue, 12/05/2017 - 23:17 Permalink

Once I am approved to receive social security off my dad, how long does it take to get your back payments?

Angela (not verified)
Wed, 12/06/2017 - 12:42 Permalink

I draw ssi husband was approved for ssdi fully favorable decision on Nov 13 worker says come in on Jan 23 to sign up children and self for benefits one child is 15 will we draw as a family the 180% or only 150%

TiffanyT (not verified)
Wed, 12/06/2017 - 16:19 Permalink

How often do they put some more of the back pay money on your bank card

Bryan

In reply to by TiffanyT (not verified)

Thu, 12/07/2017 - 11:29 Permalink

Hi Tiffany,
If you're receiving SSI benefits, then they would pay back pay in
three installments six months apart.

Annette chancey (not verified)
Thu, 12/07/2017 - 12:02 Permalink

I need help with my rent this month i got scam out of my money them people on facebook scam me out my rent money this month and im about to get put out because i cant pay my rent this they may i won some and i have pay a fee to get it and talk about more i lost my money 450 please help me

Eric

In reply to by Annette chancey (not verified)

Thu, 12/07/2017 - 14:59 Permalink

Hi Annette,

I am sorry to hear that. You should contact the SSA immediately at 1-800-772-1213 to see if they could shed some light on this.

Jenn (not verified)
Fri, 12/08/2017 - 02:49 Permalink

I receive SSI and SSDI. My husband recently started receiving SSDI and was given a lump sum back payment and they stopped my SSI. I thought it didnt count against my SSI for 9 months, then after 9 months what was left counted as income or resources. Does anyone know how that works?

Deanna

In reply to by Jenn (not verified)

Fri, 12/08/2017 - 08:35 Permalink

Unfortunately many kinds of income can affect SSI payments, even SSDI back pay. Have you considered receiving 50% of his SSDI benefits if you're over age 50?

JACKLEE (not verified)
Fri, 12/08/2017 - 04:07 Permalink

I got approved back in October, 1st payment ( monthly payment) was in November.. Got a letter in October saying how much was the back pay was going to be, and it also said they would let me know when I would get my dedication back pay ( letter said within 30 to 60 days)... Well it's been more then 60 days n haven't heard anything nor no deposits have been made...... How long does it take for them to deposit the back pay into ur account after u get approved n have started receiving ur monthly payments ??

Deanna

In reply to by JACKLEE (not verified)

Fri, 12/08/2017 - 08:36 Permalink

Hi Jacklee,

I'm sorry to hear that! Many people here say it takes around four months after payments start so you should be receiving your payment any day now.

David (not verified)
Fri, 12/08/2017 - 17:40 Permalink

I got a lump sum in August and am not sure if that has to be claimed on my taxes this year? And do I pay taxes on the lump sum?? It was for survivor benefits.

Bryan

In reply to by David (not verified)

Mon, 12/11/2017 - 13:27 Permalink

Hi David,
You may be liable for taxes on that money, it may be a good idea to contact the SSA at 1-800-772-1213.

Hector (not verified)
Sun, 12/10/2017 - 19:02 Permalink

I was approved on June 2nd 2017. did not receive my first benefit check until September 1, 2017. Would I still be owed for the months of June, July, August. Please help

Calista stout (not verified)
Tue, 12/12/2017 - 08:59 Permalink

How much longer will it take for my approval

Add new comment

Find Out If I Qualify for Benefits!