Over the next three months, people who are eligible for Supplemental Security Income (SSI) will get four checks. As September comes to a close, the Social Security Administration is ready to send out more SSI payouts on October 1. This month, recipients did not get any benefits.
In other words, SSI recipients will get their monthly payments in less than six days after going one month without them. Remember that people who get money from this program always get paid on the first of the month, unless that day is a government holiday or the weekend.
If this is the case, the SSA will move the payment date to the business day before. Find out more about the exact times of your next 4 SSI payments if you are qualifying for the program right now.
When will low-income Americans receive their SSI payments in the last half of the year?
The Social Security Administration is in charge of four different programs, so they made a yearly calendar to let all benefit recipients know when they will get their money. The SSA will set up payment times for people based on the program they are eligible for, the date they claimed benefits, and the day they were born.
This is especially true for people who are eligible for the RSDI program, which is for retired, survivors, and disability insurance. This is how Social Security payments are scheduled. The next 4 SSI payments will be sent on these dates:
SSI payments | SSI payments date | Advanced payment |
September | – | – |
October | October 1st | – |
November | November 1st | November 29th (December 1st) |
December | – | December 31st (January 1st) |
Don’t forget that people who want these benefits must first show that they earn less than $1,941 a month and meet the Social Security Administration’s limits on their assets and resources. At the moment, if you’re applying as an individual, you have to show that you have less than $2,000 in assets, or $3,000 if you’re applying as a couple.
Also, a serious disability like blindness is a requirement for 84% of SSI users. Also, everyone who wants to get benefits from Social Security has to meet strict cash requirements. People who want disability benefits also have to meet strict medical requirements.
A lot of SSI disability claims are usually turned down because of the strict standards for eligibility. So, petitions that are legally wrong are often turned down because the applicant has too many assets or too much income to be eligible.
After that, the rest of the medical evaluation applications are sent to state bodies that decide if someone is disabled. From 2018 to 2020, about 40% of people who applied for SSI were found to be qualified. For more information about SSI payments and what you need to do to be eligible, please visit the Social Security page for SSI benefits.
Beneficiaries can receive between $698 and $1,415 in SSI payments
Guidelines from Social Security say that people who get SSI payouts in 2024 can choose from different payment amounts. Each receiver gets a monthly cheque based on how they file their taxes and how much money they make. Say, if a person files as an individual and meets the financial standards, they can get up to $943 and usually around $698.
Couples who meet the standards for income and resources can also get up to $1,415 a month in benefits, and everyone who meets the criteria for an essential person (EP) can get an extra $472 a month.
People who get Social Security must meet the EP standards set by the Social Security Administration in order to be considered important. Because so many people get turned down, you should talk to a financial advisor or Social Security specialist before sending in any papers.
Lastly, people who want to apply should know that many people who qualified for Social Security may be able to get Supplemental Security Income (SSI). The application form for both schools is the same, so you can use it to apply for both. But keep in mind that the Social Security Administration will usually need more information from you before they will let you get both payments.
Leave a Reply