The Supplemental Security Income (SSI) program provides financial assistance to millions of low-income Americans who are either disabled, blind, or 65 years or older. These payments are vital for individuals who don’t qualify for Social Security or who receive a small retirement or Social Security Disability Insurance (SSDI) payment. If you’re wondering when the next SSI payment is due and how much you might receive, here’s everything you need to know.
Payment Date
The next SSI payment is scheduled for October 1, 2024. Unlike some Social Security payments, which are staggered across different days depending on birthdates, SSI benefits will be sent out to all eligible recipients on this single day.
Although these payments include the 2024 Cost of Living Adjustment (COLA), they will not reflect the upcoming 2025 COLA increase, which won’t be applied until December 31, 2024. This early December payment is scheduled to account for the federal holiday on January 1, when Social Security does not issue payments.
Payment Amounts
The amount you receive through SSI depends on your income, living situation, and marital status. Here’s a breakdown of the maximum possible SSI payments for October 1, 2024:
| SSI Beneficiary | Maximum Payment Amount |
|---|---|
| Individual | $943 |
| Married Couple | $1,415 |
| Essential Person (Caregiver) | $472 |
Important Notes:
- Individuals can receive a maximum of $943.
- Married couples can receive up to $1,415, but this amount is less than double what an individual can get.
- An essential person, typically a caregiver who helps the SSI recipient, can receive up to $472.
However, it’s important to remember that if you have other earnings, such as SSDI or retirement benefits, your SSI payment could be lower than the maximum.
Payments
If you qualify for both SSI and Social Security (such as SSDI or retirement benefits), you could see two payments arrive in early October. The SSI payment will be sent on October 1, and the Social Security payment will follow on October 3, 2024. For example:
- The average retirement benefit is about $1,920.
- The average SSDI benefit is approximately $1,539.
- The average SSI payment is around $698, though some recipients may receive the maximum amount of $943.
Thus, depending on your circumstances, you could receive two payments within 48 hours.
Eligibility
To qualify for SSI, you must meet specific requirements, which include having a low income and being disabled, blind, or 65 years or older. After filing and being approved for SSI, you must remain eligible to continue receiving payments. This includes maintaining a certain level of income and resources.
Stay Informed
It’s crucial to keep your bank details and personal information up to date with the Social Security Administration. If any of your circumstances change, such as your address or income, you may need to notify the SSA to avoid issues with receiving your payments.
For additional information on your SSI or Social Security payments, you can check your My Social Security Account online. This tool allows you to track your payments, review your financial statements, and stay informed about any updates.
FAQs
When is the next SSI payment date?
The next SSI payment will be sent out on October 1, 2024.
How much will I receive in SSI benefits?
The maximum amount for an individual is $943, and for married couples, it’s $1,415. Essential persons receive up to $472.
Will the October SSI payment include the 2025 COLA increase?
No, the October payment includes the 2024 COLA increase. The 2025 COLA will be applied starting December 31, 2024.
Will I receive both SSI and Social Security payments in October?
Yes, if you are eligible for both SSI and Social Security, you will receive SSI on October 1 and Social Security (SSDI or retirement benefits) on October 3.
How can I track my SSI payments?
You can track your payments through your My Social Security Account on the SSA website.
