MONEY TOP-UP: Just 48 hours until the first of three direct $1,537 payments to hit Americans bank accounts – check if you qualify

According to THE SUN, The first wave of Social Security Disability Insurance (SSDI) payments is set to be released soon, with direct deposits hitting bank accounts on specific dates in July. Here’s what you need to know:

• Payments for those born between the 1st and 10th of any month will be deposited on July 10.
• Payments for those with birthdays from the 11th to the 20th of any month will be made on July 17.
• Payments for those born between the 21st and 31st of any month will be scheduled for July 24.

Note that individuals receiving Supplemental Security Income (SSI) or those who began receiving benefits before May 1997 will not be eligible for this round of SSDI payments.

Also Read: Goodbye to Current SSI Benefits – Everything Changes on September 30th

Payment Amounts and Eligibility

The average SSDI payment amount is $1,537; however, this can vary based on work history and the age at which the individual began receiving benefits. SSDI benefits are available to those with qualifying disabilities. To be eligible, applicants must meet two key criteria:

1. Qualifying Medical Condition: The individual must have a medical condition that meets the Social Security Administration’s (SSA) definition of a disability. This means the condition must prevent the person from working at the Substantial Gainful Activity (SGA) level, hinder them from performing previous work or adjusting to new work, and be expected to last at least one year or result in death.
2. Work History: The individual must have worked long enough and recently enough under Social Security to qualify. Typically, this requires 40 work credits, with at least 20 credits earned in the past decade. The exact number of credits needed can vary based on the applicant’s age.

Additional Benefits for Low-Income Individuals

For those who are not eligible for SSDI or who are on a low income, Supplemental Security Income (SSI) and Supplemental Nutrition Assistance Program (SNAP) benefits may provide additional financial support.

• SSI Payments: Starting September 30, the SSA will expand access to SSI. Payments for individuals aged 18 to 64 average around $742, while those over 65 receive about $574. SSI payment amounts can vary based on income, dependents, and other benefits received.
• SNAP Benefits: Also known as food stamps, SNAP helps low-income families afford nutritious food. Eligibility and benefit amounts depend on household income and size. This program is designed to help individuals and families make healthier choices at grocery stores.