I will soon be getting my back pay from SSI and wanted to know what I should do with it? If I keep it, I will lose other benefits that currently are available to me. It seems that you can not save for a car or home because if you have a savings at all, you will not get the other benefits you need.
Welcome to Healthboards. This is a great site where many people with very diverse backgrounds all come together to help provide support and guidance to those in need. I hope you find your time here beneficial.
What benefits are your referring to...Gov't or private? Remember that regardless of whether you spend or save the money, it's still considered "income." We can discuss in more detail once you provide some more information.
I thought SSI backpay was given in increments , instead of a large sum of money. They use to give out large one lump of pay , but not anymore . SSDI still gives out lump sum og backpay though, but u do not have to worry about SSDI backpay. It is not considered or counted against you.