The Social Security Administration (SSA) has confirmed the next SSI payment in the United States. This payment will be issued in less than 24 hours. The good thing is that all Supplemental Security Income recipients get money on the same day.
However, the amount of money they receive from the Federal Government will not be the same. It will depend on how low their income is and they are receiving other benefits like SSDI or retirement and the savings they have.
Average payments for SSI in October
The group that will receive about $744 on average will be those aged 18-64. Nevertheless, this will not be the largest average payment. Still, it is much better than the amount other age groups receive from this federally funded program.
Those Americans on SSI with the largest average payment will be the under-18s. For your information, children can also receive Supplemental Security Income payments. In fact, they can get about $820 on average.
If you are aged 65 or older, your average payment is about $575. This is mainly because seniors may be receiving Social Security retirement benefits at the same time. The maximum benefit for Supplemental Security Income recipients is $943 for individuals and $1,415 for married couples.
SSI payment date in October
Regardless of the payment amount you receive from the Federal Government, the payment date will be the same for all beneficiaries. This is because the number of recipients is not so high as in Social Security.
What is more, the payment will be sent on October 1, 2024. Most payments are generally sent on the first day of the month unless it falls on the weekend or a holiday.
If you qualify for the October 1 payment, and you remain eligible, the following payments will be due on:
- November 1
- November 29 (check or direct deposit for December)
- December 31 (check or direct deposit for January 2025)
What other benefits can SSI recipients qualify for simultaneously?
SSI recipients can qualify for several other benefits simultaneously:
- Supplemental Nutrition Assistance Program (SNAP): SNAP helps pay for food and does not affect the SSI payment amount.
- Medicaid: Medicaid helps pay for doctor and hospital bills. SSI recipients usually automatically qualify for Medicaid coverage.
- State supplements: Some states provide additional SSI supplement payments on top of the federal benefit. These supplements do not reduce the federal SSI payment.
- Earned income: SSI recipients can have earned income up to twice the federal benefit rate and still receive a partial federal SSI payment. Only a portion of earned income counts against the SSI benefit.
- Unearned income from other household members: Unless deeming rules apply, income from other family or household members who are not part of a spouse or parent-child relationship does not count against the SSI recipient’s benefit.
- Temporary Assistance for Needy Families (TANF): States may offer additional assistance programs like TANF that do not affect SSI eligibility.
- Continued SSI while living in a public homeless shelter: Recipients can receive their full SSI benefit for up to 6 out of 9 months while residing in a public homeless shelter.