Good news for Supplemental Security Income (SSI) beneficiaries is on the way. The Social Security Administration (SSA) recently announced that millions of qualified beneficiaries will see a significant boost in their monthly benefits in the coming months. This financial support is aimed at low-income seniors, individuals with disabilities, and eligible children.
The increase comes as part of a broader plan to distribute a total of $1.1 million over the next three to six months. Let’s look into who qualifies for these new payments and what it means for your SSI benefits.
Eligibility
The latest SSI increase targets a specific group of beneficiaries. According to the SSA, only 400 recipients will be eligible for the new benefits, all of whom must be unable to work due to a terminal illness. These conditions include chronic heart failure, kidney disease, leukemia, and various types of cancer. Additionally, the SSA highlighted that these individuals experienced a gap between applying for SSI and receiving approval, resulting in an underpayment.
To rectify these underpayments, the SSA is increasing the monthly benefits for those affected, ensuring they receive fair compensation as quickly as possible. This increase is expected to show up in the next few months. However, keep in mind that this increase won’t exceed the new 2024 maximum payment amount of $943. If you don’t qualify for this specific increase, you’ll still receive your regular payments on the first of every month.
Payment Rates
Unlike Social Security benefits, the SSI program is not funded through payroll taxes. This means that your monthly amount is determined based on the filing category chosen at the time of application. For 2024, individual filers receive an average of $943 each month, while couples get $1,425. These amounts are adjusted yearly based on federal guidelines.
In addition to the standard payments, some recipients may qualify for an extra payment if they meet the “Essential Person” (EP) criteria. An essential person is someone who lives with the SSI recipient and provides necessary care and support. If you meet this requirement, you may receive an additional $472 in your monthly check.
Payment Schedule
SSI payments are typically made on the first day of each month, unless the first falls on a weekend or federal holiday. When this happens, payments are sent on the preceding business day. For 2024, the payment schedule includes a few exceptions due to weekends and holidays.
| Month | SSI Payment Date | Advanced Payment |
|---|---|---|
| August | August 1st | August 30th (for September) |
| September | – | – |
| October | October 1st | – |
| November | November 1st | November 29th (for December) |
| December | – | December 31st (for January) |
Beneficiaries did not receive checks in September because the first fell on a weekend. As a result, payments were advanced to August 30th. A similar scenario will occur in December. As the first day of January is a federal holiday, the December payment will be issued on December 31st.
Changes
The SSA is making strides toward digitizing its benefits application process. By the end of 2025, the agency aims to offer a fully digital option for SSI claimants, streamlining the way people apply for benefits. Currently, applicants can start the process online but must complete it with the help of an SSA representative. Under the new system, applicants will soon be able to finish their claims entirely online, making the process easier and more accessible.
The new system, dubbed “iSSI,” will roll out in phases. By the end of 2024, individuals applying for other Social Security benefits will have the option to include an abbreviated SSI application through iClaim. The final phase will be complete by 2025 or early 2026, providing an online solution for everyone, including seniors applying based on age.
As the SSA expands its online presence, it’s essential to keep an eye on updates and improvements to ensure you’re using the most efficient application process. For further information on your SSI benefits, visit the SSA’s official website or access your “My Social Security” account.
This upcoming SSI increase offers welcome relief to those most in need. Although only a small group qualifies for the extra benefits, the move shows a commitment to rectifying past underpayments and supporting those facing severe health conditions. If you’re unsure whether you qualify for the new increase, be sure to check your eligibility or reach out to the SSA for assistance.
FAQs
What is the maximum SSI benefit for 2024?
The maximum benefit for individuals is $943, and for couples, it’s $1,425.
Who qualifies for the new SSI increase?
Only 400 beneficiaries with terminal illnesses qualify for the new increase.
When will the SSI payments arrive in 2024?
Most SSI payments are delivered on the first day of each month.
What is an “Essential Person” in SSI?
An “Essential Person” provides necessary support, adding $472 to monthly payments.
How can I apply for SSI online?
By 2025, you can fully apply online using the SSA’s new iSSI system.
