Social Security Advantages don’t simply present for individuals who have retired, additionally they assist stabilize household funds within the occasion that one or each mother and father are disabled, retired, or deceased. The Social Security Administration in 2020 supplied $2.8 billion in month-to-month monetary help to round 4 million kids.
Youngsters might be eligible to obtain help from three totally different packages relying on their scenario; Social Security Advantages, Social Security Survivors Advantages, or Supplemental Security Earnings (SSI). Right here’s a have a look at who qualifies.
What kids qualify?
With a purpose to meet the factors for youngster advantages from Social Security the kid should be single. Youngsters which can be youthful than 18, or 19 if they’re attending highschool or elementary college full-time, can qualify for dependents advantages. Additionally, kids 18 and older which can be disabled, however provided that the incapacity started earlier than they turned 22.
This consists of organic and adopted kids in addition to stepchildren, grandchildren, step-grandchildren however some particular situations apply for non-biological kids.
A baby is eligible for advantages provided that the guardian financially supported the kid earlier than changing into disabled or dying. That means that the kid should have been receiving no less than one-half of their help from the guardian whose Social Security insurance coverage is being tapped.
Moreover, the guardian should be eligible for Social Security Advantages within the case of incapacity or retirement. Or for a guardian who died, have earned sufficient Social Security credit.
How a lot can kids obtain?
A baby can rise up to 50 p.c of a guardian’s full incapacity or retirement advantages. If the guardian is deceased, the surviving youngster is eligible to obtain as much as 75 p.c of the guardian’s fundamental Social Security retirement profit.
The full quantity that may be paid to a household is restricted although. Inside a household, the members can obtain between 150 p.c to 180 p.c of the guardian’s full profit quantity based mostly on the earnings report of the employee. Any quantities in extra of the utmost might be diminished proportionately for every member of the household, aside from the guardian who continues to be receiving advantages.
If the guardian is receiving incapacity advantages the calculation is totally different. The household can’t obtain greater than 85 p.c of the employee’s Common Listed Month-to-month Earnings. Nevertheless, it might’t be lower than their Main Insurance coverage Quantities, nor higher than 150 p.c.
Supplemental Security Insurance coverage (SSI)
American adults and youngsters who’re disabled or blind and have restricted incomes or sources could also be eligible for an additional Social Security program. Supplemental Security Earnings supplies month-to-month funds typically to those that are 65, however can be out there in some instances to kids below 18.
Qualifying kids should have a bodily or psychological impairment, together with blindness, that severely limits their exercise. Moreover, the incapacity should have lasted or be anticipated to final no less than 12 months or may lead to dying.
Contacting the Social Security Administration
The Social Security Administration recommends utilizing their on-line platform for probably the most handy solution to work together with the company. Opening a My Social Security account provides customers extra capabilities to deal with issues associated to your account. Those that don’t have entry to the web or a sensible system can name the company toll-free 24 hours a day, 7 days every week at 1-800-772-1213 or at their TTY quantity, 1-800-325-0778, for the deaf or arduous of listening to.