CFR > Title 20 - Employees' Benefits > CHAPTER III—SOCIAL SECURITY ADMINISTRATION > PART 416—SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED > SUBPART G—Reports Required (§416.701 to §416.732) > 416.722—Circumstances under which we make a penalty deduction.

416.722—Circumstances under which we make a penalty deduction.

A penalty deduction is made from your benefits if—
(a) You fail to make a required report on time (see §§ 416.708 and 416.714 );
(b) We must reduce, suspend, or terminate your benefits because of the event you have not reported;
(c) You received and accepted an SSI benefit for the penalty period (see §§ 416.724 through 416.728 for penalty period definitions); and
(d) You do not have good cause for not reporting on time (see § 416.732 ).