Recent Feedback
I am planning to play fantasy football in a $100 entry fee league, will this in anyway affect my ssi income and insurance?
You spending $100 for an entry fee will not have any affect on your SSI.
If you win a monetary prize and receive
$1481 or more, then your monthly benefit would be reduced,
as that is the monthly earnings limit.
the winner recieves $459
Then you would have no problem.
If I win this amount do my benefits get reduced and does that affect my insurance from ssi?
http://www.ssa.gov/pubs/10003.html#a0=2
NO,
Your benefits will not be reduced.
How about the medicaid, will that in any way shape or form be affected?
No,
the prize is too small.
So I can play and there will be no problem from the SSI office, is that Correct? Will I need to report the said amount to SSI?
Their will b no problem,
if the amount is under the earning limit you do not have to report it.
Thank you for your time, I will accept this and have a good night!!!
Good luck, and if you have any further questions please do not hesitate to ask.
Experience: 13 years experience in social security