The Social Security Administration (SSA) has confirmed that the next Supplemental Security Income (SSI) payment will be issued in the United States within the next 24 hours. If you’re receiving SSI benefits, there’s good news: every recipient will get their payment on the same day, which is convenient. However, the amount you receive will vary based on a few factors like your income level, other benefits such as SSDI or retirement, and your savings.
Contents
- 1 Amounts
- 2 Average Payments
- 3 Payment Date
- 4 Additional Benefits
- 5 What to Expect
- 5.1 FAQs
- 5.2 When is the next SSI payment due?
- 5.3 Social Security Maximum Benefit for Full Retirement Age Workers – Changes Following the 2025 COLA Increase
- 5.4 What is the maximum SSI benefit for individuals?
- 5.5 Can children receive SSI payments?
- 5.6 Will earned income reduce my SSI payments?
- 5.7 Can SSI recipients also receive Medicaid?
Amounts
Not everyone on SSI will receive the same amount of money. The amount of your payment depends on your specific circumstances, such as income, other benefits, and even your age group. Let’s take a closer look at how these payments break down.
Average Payments
In October, those aged 18-64 who qualify for SSI can expect to receive an average payment of $744. While this might seem like a standard amount, it’s actually not the highest of all the age groups receiving this federal benefit.
For those under 18, the average payment is higher, about $820. Yes, even children can receive SSI payments if they meet the eligibility criteria.
For seniors 65 or older, the average payment is a bit lower, around $575. This decrease is often due to the fact that many seniors also receive Social Security retirement benefits, which may reduce the total amount they receive in SSI.
To give you an idea of the maximum benefit, individuals on SSI can receive up to $943. For married couples, the maximum payment is $1,415. These amounts vary based on eligibility, income, and other factors.
Payment Date
All SSI recipients will receive their payments on the same day in October, regardless of the amount. The payment date for this month will be October 1, 2024.
In general, SSI payments are sent on the first day of each month unless it falls on a weekend or holiday. If you’re wondering about upcoming payments, here’s the schedule for the rest of the year:
| Payment Date | Month Covered |
|---|---|
| October 1, 2024 | October |
| November 1, 2024 | November |
| November 29, 2024 | December |
| December 31, 2024 | January 2025 |
Additional Benefits
Being eligible for SSI also opens the door to additional benefits. If you’re currently receiving SSI payments, you might also qualify for the following:
- Supplemental Nutrition Assistance Program (SNAP): SSI recipients can qualify for SNAP, which helps pay for groceries. The good news is that SNAP benefits don’t reduce your SSI payment amount.
- Medicaid: If you’re receiving SSI, you’re likely also eligible for Medicaid, which can help with doctor visits, hospital stays, and other medical expenses.
- State Supplements: Some states provide extra SSI payments, which don’t affect your federal SSI amount.
- Earned Income: You can still earn some income while receiving SSI, as long as it doesn’t exceed twice the federal benefit rate. Even then, only part of your earnings is considered when calculating your benefit.
- Temporary Assistance for Needy Families (TANF): Some states also provide programs like TANF that offer additional support, which doesn’t impact your SSI eligibility.
- Homeless Shelter Residency: You can receive your full SSI benefit for up to 6 out of 9 months even while living in a public homeless shelter, ensuring some financial support during challenging times.
What to Expect
As long as you remain eligible, your payments will continue following the established schedule. Keep in mind that your payment amounts may fluctuate based on changes in income, living situation, or other benefits. It’s important to stay informed about your SSI status and any other assistance you may qualify for.
No matter what your situation looks like, knowing when to expect your payments and how much to expect can help you plan your finances more effectively. Make sure you’re keeping track of important payment dates, and take advantage of other benefits that can further assist you in your day-to-day needs.
FAQs
When is the next SSI payment due?
The next SSI payment will be sent on October 1, 2024.
What is the maximum SSI benefit for individuals?
The maximum benefit is $943 for individuals.
Can children receive SSI payments?
Yes, children can qualify for SSI, with average payments around $820.
Will earned income reduce my SSI payments?
Only a portion of your earned income affects your SSI, not the full amount.
Can SSI recipients also receive Medicaid?
Yes, most SSI recipients automatically qualify for Medicaid.
