Supplemental Security Income is a benefit for Americans with a low income. The lower your income and resources are, the more money you may get from the Supplemental Security Income in the United States.
The thing is there is just one single payday for those who are receiving SSI checks. The Social Security Administration has scheduled the next Supplemental Security Income payment for February 1.
Therefore, in about 24 hours you will receive your monthly payment in your bank account. Supplemental Security Income beneficiaries have not received a check since last December 29, so it was ages ago.
SSI AMOUNTS FOR THE PAYMENT ON FEBRUARY 1, 2024
Not all beneficiaries receive the same payment amount. This is because it depends on the person’s income and money on hand. For example, if you get married you may lose your benefits because your financial situation may have changed.
The Supplemental Security Income benefit amount increased by 3.2%. It was on December 29 when all beneficiaries got the 2024 COLA boost. The thing is this COLA increase may not seem enough.
Inflation has made prices for food and services exorbitant. Not being able to make ends meet has become something more frequent among Americans on SSI benefits.
A single person on SSI can receive up to $943. Bear in mind that the amount for 2023 was just $914. So, if you qualify for the largest payment you get $29 extra per month. The average payment is just $674.
SUPPLEMENTAL SECURITY INCOME AMOUNTS FOR COUPLES
To get SSI you must both be eligible if you are married. Do not forget that if you do not have a low income, you will not qualify for this monthly payment in the United States.
What is more, you must be older than 65 or at least 65. People who are blind or have a disability may also be eligible. As for the maximum amount a married couple may get is $1,415.
After the 2024 COLA benefits have gone up by 44 dollars. If you are not an individual or a married couple, you may also get SSI if you are an essential person. Essential persons can get up to $472.
People receiving retirement or disability benefits may qualify for SSI if their monthly check is too low. In fact, there are thousands of Americans who are eligible for monthly payments and they still do not know they can get Supplemental Security Income.