Unearned Income

October 25, 2015 - Less than a minute read

Although there are some exceptions, generally, this term refers to income, other than wages. This term is used in the context of SSI, and is the most significant reduction of an SSI monthly cash payment because it reduces the check (after applying the $ 20.00 disregard if it has not been used) dollar-for-dollar. Perhaps counter-intuitively, SSDI monthly cash payments, for purposes of SSI, are considered unearned income