Social Security Income?

Question

How much of a lag time is their between the time one must remove their maxamum amount of SSI cash income assit from their saving or cheeking acount at the bank or brokeridge from and how often are the SSN run through your computer to be found out? or must the bank report it how does it work

Answer 1

the bank only reports deposits made that are over 9,000.

your SSI is yours to do with what you wish. but if you are cheating and have income you are not reporting then you deserve to get caught because john Q taxpayer is the one supporting you for whatever reason you receive your benefits.

Answer 2

You have to report what ever money you are earning to Social Security.  Social Security also gets reports from the IRS on how much you are earning.  So, don't think you can get away with not telling.