Tag: SSI beneficiaries

Qualifying Supplemental Security Income (SSI) beneficiaries or students will be able to keep more of their paychecks in 2023 due to an 8.7% rise in the number of earnings that can be deducted. The SEIE is a work incentive sponsored by the Social Security Administration (SSA) that allows certain Supplemental Security Income (SSI) beneficiaries to subtract earnings from their income to reduce tax withholding. According to the SSA, recipients must be under 22 years old and regularly enrolled in school to qualify. SSA Increases Annual Limits Currently, the amount that can be excluded...