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If I’m receiving Supplemental Security Income (SSI), do I need to tell Social Security about my Individual Development Account (IDA)?

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If I’m receiving Supplemental Security Income (SSI), do I need to tell Social Security about my Individual Development Account (IDA)?

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Yes. You should ask your IDA caseworker to write a letter stating that you can participate in the IDA program without losing your SSI benefits. The letter should specifically mention the “Exclusions Under Other Federal Statutes” clause. You should take the letter to Social Security for documentation and keep a copy of it for yourself.

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