Thousands of American families have applied for Supplemental Security Income (SSI) and they have just got the approval of Social Security. A new check is on the way. Therefore, their new SSI payment will be like a Christmas present.
Perhaps, this money will be the best present Santa could bring them because the financial situation is critical for millions of Americans. After three years of high inflation, many have had to apply for a new check since they cannot make ends meet.
If you are on Social Security disability or retirement benefits, you can also get SSI checks. This is something thousands of Americans ignore. In fact, Social Security has been trying to reach out to those who do not know these payments yet.
WILL ALL SSI BENEFICIARIES RECEIVE THE CHECK ON DECEMBER 29?
Yes, all SSI beneficiaries will receive their January check on December 29. Even if you always receive it on the first day of the month, there are some exceptions. New Year is one of them, and the payment will be sent three days before recipients expect it. See the possible amounts below.
The Social Security Administration will never send a check on the weekend or on a holiday like New Year. That is why you should expect your next payment on December 29.
The SSI beneficiaries will be the only ones to receive a check with a COLA increase in 2023. The rest of Social Security recipients on retirement or disability benefits will have to wait until January 3, 10, 17, and 24 to get the COLA boost.
For your information, SSI checks have different possible amounts. While some may qualify for the largest payment in 2024, others may get reductions because they have other earnings.
HOW MUCH CAN I GET FROM MY SSI PAYMENT ON DECEMBER 29?
If you are an essential person who gets the largest check, you will get up to $472 on December 29. The current amount is $458, so recipients will get up to 14 dollars extra.
If you are a single person on SSI, the amount of your check could be up to $943. The average payment is $673 as of November 2023. So, it is better to expect a smaller amount if you have other earnings.
If you got married and you both qualified for SSI checks, the new amount for 2024 will be $1,415. In 2023, you can get up to $1,371. Therefore, a couple will receive up to 44 dollars more.
A single person on SSI can get up to 29 dollars extra. Thanks to the 3.2% COLA increase beneficiaries will get a little more in 2024. If it is not enough explore SNAP benefits, WIC if you are a woman with children, or TANF for those who are the neediest.
