I have been recieving SSI for about 5 years. I got my first followup call the other day. Now they send me a form wanting my bank statements and said it will stop, because I am a few thousand over the limit ($2000). I did not know there was a limit. I am in school and don't work.
But it so happens my house needs a major repair. Would it look bad if I up and spent 2-3k at once?
I feel so stupid for getting too much money. I was just keeping extra incase of "emergncy" situations. But, I did not know you could only have $2000.
I am getting really nervous now. Searching I see "penalties" for over payments. I have had over the limit for a while. My main cause for this was incase I lost my finicial aid. I did not want to be stuck with borrowing money.
My home really does need a repair. I am not saying that I will just spend the money.
I don't even remeber signing up for SSI. Much less going over the limits and rules.