- How It Works
- ServicesServicesOverviewChoose the right level of support for your plan and needsExpert ReviewA comprehensive review of inputs and reports to get you on the right pathFiling AssistanceLet our experts deal with Social Security for youClawback AssistanceFor those who need help fighting a Social Security benefit clawback
.png)
- Why Choose Us
- ResourcesResourcesBooksFrom the world-renowned economist behind Maximize My Social SecurityWebinars & PodcastsExpert tips and guides to help you get the maximum from Maximize My Social SecurtyArticlesIn-depth commentary on Social Security from our founderAsk LarryThousands of questions answered by our Social Security expertsBlogSocial Security insights to help you maximize your lifetime benefitsFAQYour most pressing questions answered
- Pricing
Ask Larry
Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Can My Granddaughter Have A Bank Account If She's Receiving Disability Benefits?
my granddaughter 21 yrs old is on disability Can she have a savings acct or checking acct?
Hi,
Yes. If she's receiving Social Security disability benefits, there is no limit on the amount of money that she could have in a bank account. However, if she's receiving Supplemental Security Income (SSI), there is a limit of $2,000 on total countable assets (https://www.ssa.gov/ssi/).
Best, Jerry
Category:
Posted:
March 9, 2017