There will be 4 SSI payments in the next 3 months – Social Security makes it official
According to Lagradaonline, Beneficiaries qualifying for the Supplemental Security Income (SSI) program can expect four payments in the next three months. As September draws to a close, the Social Security Administration (SSA) is preparing to issue another round of SSI payments on October 1st. Since there were no benefits provided in September, recipients will receive their regular payments in less than six days. It’s important to note that SSI beneficiaries typically receive payments on the first day of each month, unless that date falls on a weekend or a federal holiday. In such cases, the SSA will reschedule the payment to the preceding business day.
Payment Schedule for the Last Half of 2024
Low-income Americans can look forward to receiving their SSI payments according to the established schedule by the Social Security Administration. The SSA administers four different programs, and they have created an annual calendar to help beneficiaries keep track of their payments. Payment dates are determined by the specific program for which individuals qualify, the date they filed for benefits, and their birth date—especially for those eligible for the retired, survivors, and disability insurance (RSDI) program.
Beneficiaries can expect their next four SSI payments on the following dates:
| SSI payments | SSI payments date | Advanced payment |
|---|---|---|
| September | – | – |
| October | October 1st | – |
| November | November 1st | November 29th (December 1st) |
| December | – | December 31st (January 1st) |
Eligibility Requirements for SSI Benefits
To qualify for SSI benefits, applicants must demonstrate an income of less than $1,941 per month and meet the SSA’s asset and resource limits. Specifically, individuals must show that their assets are under $2,000, while couples must have assets below $3,000. A significant disability, such as blindness, is a qualifying criterion for a majority (84 percent) of SSI recipients. All applicants must meet the SSA’s stringent financial and medical requirements.
Due to these rigorous eligibility criteria, many SSI disability claims are often denied. Common reasons for denial include exceeding income or asset limits. After initial denials, applications that meet the basic financial criteria are forwarded to state disability determination agencies for medical evaluations. From 2018 to 2020, approximately 40% of applicants were deemed eligible for SSI.
For more information about SSI payments and eligibility requirements, refer to the official SSI benefits website provided by the Social Security Administration.
SSI Payment Amounts in 2024
The Social Security guidelines outline various payment amounts for SSI beneficiaries in 2024. The monthly payment a recipient receives is based on their filing status and source of income. For example, individuals can receive a maximum payment of $943 and an average payment of $698 if they meet the financial criteria. Couples who qualify can receive up to $1,415 per month. Additionally, beneficiaries meeting the essential person (EP) criteria can receive an extra $472 monthly.
To qualify as an essential person, recipients must fulfill the SSA’s EP standards. Given the high rate of rejection for SSI claims, it is advisable to consult with a financial advisor or Social Security specialist before submitting any applications.
Lastly, prospective applicants should be aware that Supplemental Security Income (SSI) may be accessible to many who qualify for Social Security payments. Both benefits can be applied for using the same application form, which is similar for both programs. However, the SSA may request additional information before approving applications for both benefits.
