BIG UPDATE:Married couples aged 65 or older will soon get an SSI payment if eligible, SSA confirms payday
According to Vibes.okdiario, Supplemental Security Income (SSI) payments provide essential financial support for low-income married couples and individuals. These benefits are typically issued on the first day of the month, though there can be exceptions. Here’s what you need to know about the upcoming SSI payment schedule and benefit amounts.
Upcoming SSI Payment Schedule
The next SSI payment for both eligible married couples and individuals is scheduled for October 1, 2024, which means the funds will be in your bank account in just 2 days. This timely payment is crucial for many recipients who rely on these benefits for their monthly expenses.
SSI Payment Amount
The amount you receive from Supplemental Security Income depends on your resources and income. If you have no other earnings or benefits, married couples may qualify for a maximum payment of up to $1,415. For individuals, the maximum benefit amount for 2024 is $943, regardless of the payment date.
As of August 2024, the average SSI payment is around $698. However, this amount can vary based on age:
- Recipients aged 65 and older typically receive an average of $575.
- Those aged 18-64 can expect about $744.
- Recipients under 18 often see higher averages, around $820.
Also read: CalFresh Payment Schedule: When are food stamps being deposited in California for October?
SSI Payments After October 1
For those who want to budget effectively and avoid running out of funds, it’s important to note the upcoming payment dates for November. The Social Security Administration (SSA) has set two payment dates for that month:
- November 1: Standard SSI payment.
- November 29: This payment serves as an advance for December’s benefits.
Additionally, the January 1 payment will be delivered on December 31, 2024, since the SSA does not issue payments on federal holidays. This advance payment will include the Cost of Living Adjustment (COLA) increase for 2025.
Summary of Remaining SSI Payments for 2024
- Due on October 1
- Due on November 1
- Due on November 29 (for December)
- Due on December 31 (for January)
