SSA Releases SSI Payment Schedule For January 2024 And SSI Payment Amount

The Social Security Administration released important information for people who get Supplemental Security Income or SSI benefits. They let us know the dates SSI payments will be sent out in January 2024. Knowing the payment schedule can help folks plan and budget for the new year. The SSA also shared how much the monthly SSI payments will be in 2024. Be sure to take a look at both the schedule and payment amount so you’re prepared when money is deposited. As always, let me know if you have any other questions!

 

SSI Payment Schedule 2024-Overview 

Category Details
update SSI Payment Schedule
Year 2024
COUNTRY US
SSI Payment Schedule January 2024
Administering Agency Social Security Administration
Goal Provide a basic level of income for very low-income individuals
Payment Amount Individuals: USD 914

Couple: USD 1371

eligibility Above 62 years
For official details visit ssa.gov

 

 

What is SSI? 

Supplemental Security Income (SSI), administered by the Social Security Administration (SSA), is a federal program that provides monthly stipends to low-income adults and children who are disabled, blind, or aged (65 and older).

The purpose of SSI is to help meet basic needs for food, clothing, and shelter for those who have little or no income and assets. Unlike Social Security disability benefits which require a work history, SSI eligibility is based solely on financial need and medical criteria.

 

Supplemental Security Income (SSI) Benefits 

SSI provides monthly cash benefits that are paid directly to the recipient. For 2024, the maximum federal SSI payment for an individual is $914 per month. For an eligible individual living with others, the payment is $821 per month.

These are the standard benefit rates set by Congress each year. Some states also provide additional supplemental payments on top of the federal benefit amount.

The exact SSI payment amount an individual may qualify for depends on their living situation, income, and assets. Benefits are paid on the 1st of each month unless it falls on a weekend or holiday, in which case payments are issued earlier.

 

SSI Payment Eligibility 2024 

To receive SSI benefits in 2024, individuals must meet certain financial and non-financial requirements set by the SSA.

Financially, single applicants cannot have more than $2,000 in countable resources, while married couples living together cannot have more than $3,000. Some common non-countable resources are a home, vehicle, and burial plots.

In terms of income limits, gross earned and unearned income must be at or below the federal benefit rate. The SSA disregards the first $20 of earned income and half of the remaining earnings.

 

Read also:

SSI Benefits | get ready to receive SSI Payment 2024 | Will SSI Recipients Receive a Fourth Stimulus Check?

 

Supplemental Security Income 2024 Payment Dates 

Knowing the specific payment dates is important for SSI recipients to budget and plan expenses accordingly. Here are the scheduled SSI payment dates for 2024:

SSI Payment dates for January 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
10 January 2024 17 January 2024 24 January 2024 29 December 2023

 

SSI Payment dates for February 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
14 February 2024 21 February 2024 28 February 2024 1 February 2024

SSI Payment dates for March 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
13 March 2024 20 March 2024 27 March 2024 1 March 2024

SSI Payment dates for April 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
10 April 2024 17 April 2024 24 April 2024 1 April 2024

SSI Payment dates for May 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
8 May 2024 15 May 2024 22 May 2024 1 May 2024

SSI Payment dates for June 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
12 June 2024 18 June 2024 261 June 2024 31 May 2024

SSI Payment dates for July 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
10 July 2024 17 July 2024 24 July 2024 1 July 2024

SSI Payment dates for August 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
14 August 2024 21 August 2024 28 August 2024 1 August 2024

SSI Payment dates for September 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
11 September 2024 18 September 2024 25 September 2024 30 August 2024

SSI Payment dates for October 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
9 October 2024 16 October 2024 23 October 2024 1 October 2024

SSI Payment dates for November 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
13 November 2024 20 November 2024 27 November 2024 1 November 2024

SSI Payment dates for December 2024

2nd Wednesday  3rd Wednesday 4th Wednesday SSI Payment Date
11 December 2024 18 December 2024 24 December 2024 29 November 2024

 

 

SSA Supplemental Security Income Amount 2024 

As mentioned earlier, the maximum 2024 monthly SSI payment for an individual is $914. However, the exact payment amount varies depending on individual circumstances like living situation, income, and resources.

The SSA determines the calculation based on this information. Recipients can check their specific payment amount on the SSA website or by accessing their “MySSA” account online.

They should also receive an annual cost of living adjustment (COLA) notice in the mail before any changes go into effect.

 

visit:

$9 million State Tax Rebates program approved.

 

ssa.gov Supplemental Security Income 2024 Important Links 

The SSA website ssa.gov is a valuable resource for anything related to SSI benefits. Here are some key pages applicants and recipients should bookmark:

Action Links….. Detail
Apply for SSI https://www.ssa.gov/benefits/ssi/ Guide to applying and checking application status online.
SSI 2024 Payment Amounts https://www.ssa.gov/oact/cola/SSI.html Lists current and upcoming yearly benefit rates.
Resources & Income Limits https://www.ssa.gov/ssi/text-resources-ussi.htm Detailed information on the asset and income thresholds.
Replacement Payments https://www.ssa.gov/ssi/text-replace-ussi.htm

 

Instructions on requesting replacement checks if lost or stolen.
 MySSA Account https://www.ssa.gov/myaccount/ Personal online portal to check payment amounts and status.

 

 

Ensure your payment if the deadline has ended!

SSI recipients need to keep their information and circumstances updated with the SSA. Failure to do so could result in overpayments that must be repaid. Recipients have 60 days to report any changes like new income, resources, living situation, or marital status.

They should also promptly submit requested verification documents if selected for redetermination reviews. If the deadline to submit information has passed, recipients can contact the SSA right away to determine the next steps to ensure their benefits continue uninterrupted.

Open communication and compliance can help avoid overpayments and ensure accurate SSI eligibility and payment amounts.

 

Bottom Line

The Social Security Administration provides crucial details regarding SSI payment schedules and amounts for 2024. It stresses the importance of meeting financial criteria for SSI eligibility, including resource limits and income thresholds. Recipients must promptly report any changes in their circumstances to avoid overpayments and ensure accurate benefit disbursement. Maintaining open communication with the SSA is essential for addressing any issues or changes in eligibility promptly.

 

FAQs

Individuals receive $914 monthly, while couples get $1371, subject to individual circumstances and living situations.

Applicants must be over 62 years old and meet financial criteria: single individuals can't exceed $2,000 in resources, and couples $3,000.

 

Visit the SSA website for details on the application, payment amounts, and income limits, and access your MySSA account for personal payment status.

Recipients must update their information promptly, report any changes within 60 days, and communicate with the SSA to avoid overpayments.

Contact the SSA immediately to rectify the situation and ensure benefits continue without interruption.

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2 thoughts on “SSA Releases SSI Payment Schedule For January 2024 And SSI Payment Amount”

  1. I WILL BE 80 IN APRIL MY SS CHECK ITS 793 ALSO I GETTING FROM SSI 173 I GET 58 IN FOOD STAMP I LIVE IN ROOM I PAY 700 NOW I HAS TO MOVE OUT AND I CAN FINE AT PLACE TO LIVE LOW PAYMENTS I NEED HELP TO GET AT SENIORS APT TO LIVE REDT MY LIFE IN PACE I HAVE CANCER TAKEN MEDICATIONS 💊 TO STAY I LIVE PLEASE 🙏 HELP ME THANKS

    Reply
    • I’m sorry to hear about your situation. Here are a few suggestions for getting help finding affordable senior housing:

      Contact your local housing authority. Many have subsidized housing specifically for low-income seniors. You may qualify based on your income.

      Look into Section 8 housing vouchers. These can help cover rent costs. Apply through your housing authority.

      Search listings on affordablehousingonline.com. This national database has income-based housing restricted to seniors.

      Ask your doctor or local Area Agency on Aging office for senior housing referrals. They may know of local resources.

      Contact non-profits like Catholic Charities USA that assist low-income seniors with housing needs.

      Check if your state has any senior rent assistance programs. Some offer one-time grants for move-in costs.

      Explain your situation to your current landlord to see if they can work with you on a lower rent amount.

      Consider downsizing to a studio apartment or room in a retirement home if costs are too high alone.

      I hope some of these options can help point you in the right direction. Don’t hesitate to reach out to local charities or your local representative’s office as well – they may know of additional resources. Wishing you the best in finding suitable housing given your needs and income. Please let me know if you have any other questions.

      Reply

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