Answers 100% Verified Latest Update
What does PMV in Supplemental Security Income (SSI) stand for?
A) A presumed reduction of SSI benefits based on in-kind support for food or shelter
B) The maximum value a recipient can earn before benefits are reduced
C) The maximum value a recipient can receive in unearned income before benefits are
reduced
D) The maximum value of an SSI benefit without reductions - ANSWER A
The Presumed Maximum Value (PMV) is the presumed reduction in SSI benefits based
on in-kind support for food or shelter.
How is the Presumed Maximum Value (PMV) calculated for in-kind support in 2024?
A) One-third of the Federal Benefit Rate (FBR) plus $20
B) Half of the Federal Benefit Rate (FBR) plus $50
C) A flat rate of $100
D) The full Federal Benefit Rate (FBR) - ANSWER A
The Presumed Maximum Value for in-kind support in 2024 is one-third of the Federal
Benefit Rate plus $20.
Under what circumstances is the Presumed Maximum Value applied with respect to the
effect of in-kind support on SSI benefits?
,A) When it is impossible to establish the actual value of in-kind support
B) When the in-kind support value is known exactly
C) When no in-kind support is provided
D) When the in-kind support exceeds the threshold amount - ANSWER A
The Presumed Maximum Value applies when the actual value of the in-kind support
cannot be calculated.
What is the effect on SSI benefits when PMV is applied?
A) The SSI benefits are reduced by the amount of calculated PMV
B) There will be no change in SSI benefits
C) The SSI benefits are reduced by half the amount of calculated PMV
D) SSI benefits are terminated if PMV is applied - ANSWER A
If PMV is applied, SSI benefits are decreased by the calculated PMV amount.
Which of the following might be in-kind support on which the Presumed Maximum Value
(PMV) would be based?
A) Living in a friend's house rent-free without knowing the exact value of such support
provided
B) Receiving a salary from a full-time job
c) Receiving a cash gift from a relative
d) Receiving a scholarship to defray education-related expenses - ANSWER A
It would be necessary to use the PMV, if one lived, for free in a friend's house and did not
know the actual value of the support.
,What does "income deeming" mean in relation to SSI?
A) A part of another person's income is used as though it is a part of the income of the
SSI recipient
B) Income received that one does not report to the Social Security Administration
C) Approving someone for SSI based on income
D) Disregarding specific sources of income in determining SSI - ANSWER A
Income deeming is defined as including part of another person's income in the count of
the SSI recipient's income.
To which of the following situations would income deeming most likely apply?
A) An SSI recipient is married to a person who receives income
B) An SSI recipient works part time
C) An SSI recipient lives alone and receives income from rental property
D) An SSI recipient receives unearned income from a trust fund - ANSWER A
Income deeming most often applies when an SSI recipient is married to someone who
earns income.
How does income deeming work when an SSI recipient is married and lives with their
spouse?
A) A portion of the spouse's income is deemed to the SSI recipient, which may reduce
SSI benefits
B) The spouse's entire income is deemed to the SSI recipient, potentially disqualifying
them from SSI
C) None of the spouse's income is deemed to the SSI recipient
, D) Only unearned income from the spouse is deemed to the SSI recipient - ANSWER A
A share of the spouse's income may be deemed to flow to the SSI recipient and thereby
reduce SSI benefits.
For what period is income deemed from parents to children for SSI purposes?
A) A child under age 18 who lives with their parents and the parents have either earned
or unearned income
B) A child under age 18 who has earned income of their own
C) When a child under 18 has unearned income from a trust fund
D) When a child under 18 resides with any relative except the parents - ANSWER A
Income is deemed from parents to children when the child is under age 18 and resides
with the parents and the parents have either earned or unearned income.
Which of the following sources of income is NOT counted as income for deeming
purposes to SSI?
A) Certain needs-based government assistance programs
B) Income from self-employment
C) Wages from a full-time job
D) Interest from a savings account - ANSWER A
Income from certain needs-based government assistance programs is excluded from
income deeming for SSI purposes.
How does income deeming affect the SSI benefits a recipient can receive?