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Is Cryptocurrency Considered Earned Income Towards My SSD?
If I exchange cryptocurrency to cash is that considered earned income towards my ssd. crypto currency isn't earned income. Can I exchange just enough per month so I don't go over my earned income per month for ssdi
Hi. No, cryptocurrency income isn't considered as earned income. Therefore, if you receive Social Security disability (SSDI) benefits there is no limit on the amount of cryptocurrency you can exchange per month without affecting your benefits. The only type of benefits paid by Social Security that could be affected by cryptocurrency is Supplemental Security Income (SSI).
Best, Jerry
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September 24, 2022