The next Social Security payment will be SSI. Retirees, please note the payment date

Amelia Ross
4 Min Read

As July begins, Social Security beneficiaries can expect their monthly payments soon. This includes low-income seniors, disabled individuals, and children under certain economic conditions. Let’s break down what you need to know about these payments, the schedule, and the amounts.

Who Gets Social Security Payments?

Supplemental Security Income (SSI) Recipients

SSI is for people over 65, disabled individuals, and certain children who have low income. If you qualify, you can get monthly checks between $698 and $1,415. These payments help with basic needs like food and housing.

Social Security Disability Insurance (SSDI) Recipients

SSDI is different from SSI. It is specifically for disabled people who have worked in the past. The amount you get from SSDI depends on your work history and how much you’ve paid into Social Security.

Payment Schedule

Monthly Payment Dates

Social Security payments are usually made on the first of each month, unless it’s a holiday or weekend. Here are the upcoming dates for this year:

  • July: Monday, 1st
  • August: Thursday, 1st
  • September: Friday, 30th (for October)
  • October: Tuesday, 1st
  • November: Friday, 1st
  • December: Friday, 29th (for January)

Two Payments in a Month

Sometimes, you might get two payments in one month to make sure you have money at the start of the next month. This is to help avoid financial difficulties.

How Much Can You Expect?

SSI Payment Amounts

  • Individual Filers: Up to $943 per month
  • Couples: Up to $1,415 per month
  • Additional Support: Extra $472 for individuals meeting certain conditions

Income and Resources Limits

  • Income: Less than $1,971 per month for individuals. Higher limits apply for couples and parents.
  • Resources: Limits are $2,000 for individuals and $3,000 for couples, with an extra $2,000 for childless parents.

Disability Requirements

To qualify for SSI, you must have a disability that prevents you from working for at least a year or is expected to result in death. You must also earn less than $1,550 per month when you apply.

FAQs

1. Who qualifies for SSI?

SSI is for low-income seniors over 65, disabled individuals, and children under certain conditions.

2. How are SSI and SSDI different?

SSI is for low-income people regardless of their work history, while SSDI is for disabled individuals who have worked and paid into Social Security.

3. When will I get my payment?

Payments are usually made on the first of the month, but the exact date may vary depending on holidays and weekends.

4. How much will I receive?

The amount varies based on your income, resources, and filing status. Individuals can get up to $943, while couples can get up to $1,415 per month.

5. What are the income and resource limits for SSI?

Individuals must earn less than $1,971 per month, and couples must have resources below $3,000.

Social Security payments are a crucial lifeline for many low-income seniors, disabled individuals, and children. Understanding the payment schedule, eligibility criteria, and amount details helps ensure you get the support you need. If you think you might qualify for SSI or SSDI, it’s worth checking out the requirements and applying.

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