Attached is a TABLE OF SSI DEEMING BREAKEVEN POINTS, that is, how much income a parent of a minor child, a spouse, or a sponsor of an alien, could earn and still have the disabled SSI child, spouse, or alien be eligible for at least $1 of SSI benefits. Receiving at least $1 of SSI is important in Florida, and 31 other States, since receipt of any amount of SSI benefits triggers full eligibility for Florida Medicaid pursuant to Florida Statute, Section 409.903(2) and SEction 1634 of the federal Social Security Act.
Be careful when using this chart. Note the limitations on when it cannot be used. The only way to accurately determine the amount of parents’ income, for example, that will cause the loss of SSI benefits is to do a step-by-step calculation using the fairly complicated SSI income rules. We will post shortly a paper that describes, in detail, with forms, how to do that calculation. Also note, our firm does these calculations for clients and for bank trust officers who are administrators of Special Needs Trusts.
Call us if you want help.