SSI is Additional Security Income. Even if these payments are funded by Social Security, the administration administers them. So, the SSA arranges pay and application days.
The good thing about SSI payments is the fact that there is the same payment day for all beneficiaries. However, it is not always on the same payment day.
It is true that there are many days to pay on the first day of the month. But there are many exceptions. For example, January SSI payment was due on December 29 because New Year was a holiday.
WHO CAN RECEIVE $1,415 IN SSI?
Only certain couples can receive $1,415. This is because many Supplemental Security Income beneficiaries rely on other income.
Therefore, if you and your spouse have a disability, or are 65 or older, or are blind and do not have money on hand and with no other earnings, you can get $1,415 in Supplemental Security Income.
If you receive a pension, unemployment benefits, disability benefits or retirement benefits, you may get a reduction. Therefore, you may not be eligible for the largest SSI check in 2024.
Note that benefits increased after the last COLA increase for 2024. In fact, married couples could get up to $1,371 in 2023. So some married couples could get an extra $44 a month. That's a total of $528 in just one year.
PAY AND OTHER AMOUNTS FOR ADDITIONAL SECURITY INCOME
Social Security has scheduled the next Supplemental Security Income payment for February 1st. Therefore, you can receive your next payment in 3 days if you are eligible. Since there are also individuals who receive Supplemental Security Incomethere are other possible maximum amounts.
For example, if you receive Supplemental Security Income and are single, you could receive up to $943, up from $914 in 2023. Dependents may also be eligible for Supplemental Security Income payments. However, their maximum amounts are only $472, down from $458 in 2023.
a lot SSI recipients are not eligible for the maximum amount. In truth, they can get about $674 on average. Remember, if you know someone with a low income age 65 or older who is blind or has a disability, you can help them file for these benefits.
There are thousands of Americans who miss out on these payments, even if they could easily qualify. What's more, if Supplemental Security Income is not enough, you can apply for the Supplemental Nutrition Assistance Program. So you can get money for food to help you eat healthy.