Can I use apply an IDA to a Plan for Achieving Self-Sufficiency (PASS)?
A10. A PASS is a special program for people who receive SSI that allows them to accrue savings to start a business without reducing their SSI benefit. An IDA can be a part of a PASS program. You can find more information about PASS plans at the Social Security Administration web site: http://www.ssa.gov/pubs/11017.html Q11. Will I lose my Social Security Disability Insurance (SSDI) if I participate? A11. There are no restrictions for SSDI recipients who want to participate in IDA program. Therefore, if you only receive SSDI, you can participate in any IDA program nationwide. However, especially if your savings goal is to start a business, you will need to pay special attention to your income level so that you do not jeopardize your benefits. Once you earn over a certain amount, you will no longer receive your SSDI benefits. The guidelines for how much you can earn is called the “earnings threshold” and it is fixed nationally (not by state). In 2002, the earnings threshold for self-empl
