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Stimulus Payments In May

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boblandstar

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Social Security to Distribute Stimulus Payments in May

This afternoon, the Social Security Administration (SSA) announced that in May they will distribute a one time payment of $250 to Social Security and Supplemental Security Income (SSI) beneficiaries. The payment is the result of the economic stimulus package signed into law last month. A leaflet discussing the payment in greater detail is available here, http://www.socialsecurity.gov/pubs/10519.pdf, and additional information is available on the SSA website here, http://www.socialsecurity.gov/payment/. Recipients of veterans benefits and Railroad Retirement benefits also are eligible for the payments in addition to those receiving Social Security. People eligible for the benefits do not have to take any action in order to receive the payments. They will be paid to you by the agency from which you currently receive benefits. Information for veterans will be available on the VA website at http://www.va.gov/recovery/ and for recipients of Railroad Retirement benefits at www.rrb.gov. Note: If you receive benefits from more than one agency (eg, SSA and VA), you will receive one $250 payment, not two payments.

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I became eligible for social security in Feb. 09; therefore I will not receive the $250 for SS. I am not a 100% disable vet. Does a disable vet less than 100% receive the $250? Thanks.

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  • HadIt.com Elder

the way I understand it, any vet receiving VA comp or pension will get the stimulus. Even if you are 10% sc'd. There may be someone out there with information to the contrary, though.

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  • HadIt.com Elder

No one will get both at least that is what they said earlier. I am happy that we don't have to file income tax but I probably will anyway

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  • HadIt.com Elder

I already spent my $250. My wife wanted a new lazy boy chair to watch the Redsox play. What can I say? It cost more than $250, but it keeps her happy.

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