Effect ‘American Recovery and Reinvestment Act of 2009’ has on SSI

On February 17, 2009, the President signed the “American Recovery and Reinvestment Act of 2009” (ARRA). ARRA includes several provisions that may affect an individual’s or couple’s Supplemental Security Income (SSI) eligibility or payment amount. Below is a link to the policy and procedures for how to treat the payments that result from the following provisions:

• The one-time $250 Economic Recovery Payment (ERP).

• The Making Work Pay (MWP) tax credit for tax years 2009 and 2010.

• An increase of $25 weekly in an individual’s unemployment compensation benefit.

• The first-time homebuyer’s tax credit and deemed first-time homebuyer’s tax credit.

The full description can be found HERE


Any questions may be directed to: rsi5@srt.com