SSI Benefits in 2024 – SSI beneficiaries over 65 or those who may qualify for SSI benefit should be familiar with the program’s benefits and requirements. We’ll explain what SSI is, how payments are scheduled, and what the latest news is on a potential fourth stimulus check, giving you a clear overview of your benefits.
Social Security Disability Insurance Benefits
Federally funded and administered by the Social Security Administration (SSA), Supplemental Security Income (SSI) is a program that provides basic income to low-income individuals. People who cannot earn an adequate wage because of limited income and resources are supported by this program.
Who Can Receive SSI Benefits?
SSI pays monthly payments to:
- Limited-resource and low-income people 65 and older
- Blind or disabled adults and children
SSI Payment Rates in 2023
- Individuals: $914 a month
- Couples: $1,371 a month
How SSI Benefits Work
A monthly financial benefit is provided to disabled adults and children, as well as the elderly, through SSI. COLA (Consumer Price Index) increased in 2023, resulting in an increase in payment amount.
How to Apply for SSI Benefits
SSI benefits are only available to those who qualify according to the following criteria:
- A minimum age of 65, blindness, or disability is required
- Income and resources are limited
- Applicants must be U.S. citizens or lawfully permitted immigrants
- You must live in a state, the Northern Mariana Islands, or the District of Columbia
- A family’s net income and marital status are also taken into account
How to Check SSI Eligibility
SSI Benefits in 2024 – You can check your eligibility for benefits online using the SSA’s ‘benefits screening tool’. Call Social Security at (800) 772-1213 or visit your nearest office if you think you might be eligible. There is also an online portal for the SSA that you can visit.
Schedule of Social Security Benefits
A monthly SSI payment is generally made on the first of the month. In the event that the 1st of the month falls on a federal holiday or weekend, payments are made on the next business day. As an example, November 1, 2023, falls on a Wednesday, so payments will be made on that day. The SSA should be contacted if you do not receive your check on time after waiting three additional mailing days. SSI Benefits in 2024
How much money will SSI receive as part of the fourth stimulus package?
Social Security recipients should receive a $1,400 stimulus check once every year, according to the Senior Citizens League. The likelihood of a fourth stimulus check this year is low, even though some support exists for another check. It has been stated by the Social Security Administration that stimulus payments will not affect SSI eligibility or payments.
