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bank account limit

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Anonymous
bank account limit

i get ssdi : is there a maximum of $2000 i can keep keep in my checking account ? , before social security starts looking at my closer ? 64 yrs old; thanks

Hi there,

Hi there,
if you are receiving benefits based on your work record, there are no financial limits for eligibility, so you may be able to keep over $2000 in your account.

anonymous
i am receiving a workers comp

i am receiving a workers comp settlement, i receive disability amount $1348.00, the settlement is $19,339 before attorney, etc, my sum i will receive is $13,000, my age is 55, will this affect my disability amount?

Hi,

Hi,

Your disability amount should not be affected by any additional incomes because it is based off of your own earning history.

Nick
What if you never worked

What if you never worked before but plan on working as a electrician because I’m certified in that field how would that work. I’m only 35

Hi Nick,

Hi Nick,

If you are on SSI, having an income generally leads to a partial/complete reduction of your benefits. The SSA will decrease benefits by $1 for every $2 made.

Marie
Hi I just received a

Hi I just received a disability settlement. And am now on as disability. I have a ira from when I worked . Will this affect my disability and how much I can save now?

Hi Marie,

Hi Marie,

Disability benefits are not affected by income, therefore this should not change your benefits. If you would like to give a call to your local SSA office, they will be able to give you a more specific answer based on the details of your case.

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