The Social Security Administration has started sending money so that SSI beneficiaries can get their monthly check. These payments are essential because recipient has a low income.
Therefore, they rely on this money to make ends meet. Bear in mind that there are 3 reasons to qualify for SSI, apart from having little money and almost no resources. For example, you could get SSI if you have a disability.
Of course, not all disabilities may allow you to get this check. Social Security has given a very strict definition and if your disability does not match it, you will not qualify. SSI is also for people who are blind. What is more, you can also be eligible for Supplemental Security Income if you are 65 years old or older.
WHO IS RECEIVING SSI PAYMENTS TODAY?
Unlike Social Security retirement benefits, Supplemental Security Income payments are for all beneficiaries on the same day. So all recipients of the Supplemental Security Income will get their check on February 1.
Obviously, to get SSI payments, you must have obtained approval from Social Security. Even if the SSA does not fund Supplemental Security Income, they administer payments and check eligibility.
The thing is Social Security has scheduled a retirement and disability payment for February 2. As some low-income beneficiaries can get SSI and Social Security, you may receive another payment tomorrow.
So, if you have no savings and have plenty of expenses, you will soon receive all your money. This will allow you to pay all the debt or loans expected for February one day in advance. But what about amounts?
SUPPLEMENTAL SECURITY INCOME AMOUNTS IN FEBRUARY 2024
If you receive Supplemental Security Income in 2024, the largest check you could get is $943 if you are single. Some eligible married couples may receive up to $1,415.
However, most SSI beneficiaries may have other earnings, so they may receive a lot less. In fact, the average Supplemental Security Income is worth $674 as of December 2023.
Essential persons can also receive Supplemental Security Income. Nevertheless, their amount is much lower. The largest check for essential persons is worth $472, up from 458.
If you get SSI and Social Security disability or retirement benefits, you will receive more money. The average retirement check is worth $1,907 and the average disability benefit is about $1,537. Expect smaller amounts if you also get Supplemental Security Income.
