Interim Application for Foreign Benefits Under an Agreement on Social Security: Everything You Need to Know
Are you a foreigner living in the United States? If so, you may be eligible for foreign benefits under an agreement on social security. But did you know that even if you`re still waiting for your foreign benefits application to be approved, you can still request an “interim benefit” payment? This can be a lifesaver for anyone who is struggling to make ends meet while waiting for their benefits to come through.
What is an Interim Benefit Payment?
An interim benefit payment is a temporary payment made to eligible individuals who have applied for foreign benefits under an agreement on social security. The payment is meant to provide financial assistance while the foreign government processes the application and determines the actual benefit amount.
Who is Eligible for an Interim Benefit Payment?
To be eligible for an interim benefit payment, you must have applied for foreign benefits under an agreement on social security and meet the following criteria:
– You must be a resident of the United States
– You must have filed an application for benefits with the foreign country
– You must have met all the requirements necessary to be eligible for the foreign benefits
– You must not be receiving benefits from the Social Security Administration (SSA) based on your own work record
How to Apply for an Interim Benefit Payment?
To apply for an interim benefit payment, you need to complete and submit Form SSA-2490-BK to the Social Security Administration. This form is the “Application for an Interim Benefit Payment.” Once you have completed and submitted the form, the SSA will contact the foreign government to determine if you are eligible for an interim benefit payment and the amount of the payment.
It`s important to note that while you wait for your application to be processed, you will need to continue to provide documentation proving your eligibility for the foreign benefits. This includes any forms or documents requested by the foreign government.
How is the Interim Benefit Payment Calculated?
The amount of the interim benefit payment is based on the estimated benefit amount determined by the foreign government. The payment is typically calculated based on the foreign government`s estimate of what your monthly benefit would be if you were receiving benefits from them directly. This estimate may be adjusted based on other factors, such as the exchange rate and any deductions or taxes that may apply.
It`s important to note that the interim benefit payment is intended to be a temporary payment only. Once the foreign government approves your application and determines your actual benefit amount, your interim benefit payments will be adjusted accordingly.
What Happens Once My Application is Approved?
Once your application for foreign benefits is approved, the foreign government will contact the SSA to provide them with your benefit information. The SSA will then adjust your interim benefit payments according to the information provided by the foreign government. If the interim payment was higher than the actual benefit amount, you may be required to repay the difference.
In conclusion, if you`re a foreigner living in the United States and waiting for your foreign benefits application to be approved, an interim benefit payment can provide you with much-needed financial assistance. To apply for an interim benefit payment, complete and submit Form SSA-2490-BK to the Social Security Administration. Remember to continue to provide documentation proving your eligibility for the foreign benefits while you wait for your application to be processed.
