20 C.F.R. § 416.724

Current through September 30, 2024
Section 416.724 - Amounts of penalty deductions
(a)Amounts deducted. If we find that we must impose a penalty deduction, you will lose from your SSI benefits a total amount of-
(1) $25 for a report overdue in the first penalty period;
(2) $50 for a report overdue in the second penalty period; and
(3) $100 for a report overdue in the third (or any following) penalty period.
(b)Limit on number of penalties. Even though more than one required report is overdue from you at the end of a penalty period, we will limit the number of penalty deductions imposed to one penalty deduction for any one penalty period.

20 C.F.R. §416.724