Update on the next SSI payment – When will the $943 check be mailed?

Amelia Ross
5 Min Read

Millions of low-income people in the United States rely on Supplemental Security Income (SSI) payments to cover their living expenses and combat poverty. If you qualify for this program, you will be pleased to know that SSI recipients will receive their next Social Security payment soon. Here’s everything you need to know about SSI payments, eligibility, and additional benefits.

What is SSI and How Does It Work?

Supplemental Security Income (SSI) is a government program managed by the Social Security Administration (SSA). It provides financial assistance to individuals who are elderly, blind, or disabled and have limited income and resources. Unlike Social Security benefits, SSI payments are not based on the beneficiary’s Social Security contributions. Instead, they are funded by general revenues from the US Treasury.

Upcoming SSI Payment Schedule

The next SSI payment of $943 is scheduled to be mailed on Monday, July 1. Individual beneficiaries can receive up to $943, while eligible couples can receive up to $1,415 in monthly benefits. Additionally, SSI recipients living with a significant other may be eligible for an extra $472.

Here are the confirmed payment dates for the rest of 2024:

SSI Payment DateDay of the Week
July 1stMonday
August 1stThursday
September 1stFriday
October 1stTuesday
November 1stFriday
December 1stFriday

Eligibility for SSI Payments

SSI is designed to help low-income Americans and disabled individuals. To qualify, individuals must have an income of less than $1,971 per month. Couples, individuals applying for child support, or those who are disabled may also be eligible.

Income and Resource Limits

  • Individuals: Income below $1,971 per month, resource limit of $2,000.
  • Couples: Resource limit of $3,000.

Resources include items such as cars and bank accounts. To determine eligibility or start the application process, visit the Social Security Administration’s (SSA) website and use the SSI tool. The application process typically takes five to ten minutes.

Cost-of-Living Adjustment (COLA)

All SSI payments include a cost-of-living adjustment (COLA), which was announced last October and will be implemented in January 2024. This adjustment ensures that the benefits keep pace with inflation and the rising cost of living.

Double Payments

SSI payments are usually sent on the first of the month. If the first falls on a weekend or federal holiday, payments are sent on the prior working day. This results in double payments in some months, such as June, September, and December.

Additional Benefits Beyond SSI

Apart from SSI, there is also the Social Security Disability Insurance (SSDI) program. While SSDI and SSI are separate programs, many Americans qualify for both. To receive both benefits, you must meet the eligibility standards for both programs. It’s important to note that the total of your two payments cannot exceed the maximum SSI benefit for an individual or a couple.

Comparing SSI and SSDI

FeatureSSISSDI
Eligibility CriteriaFinancial need and disabilityDisability and work history
Open toAll ages (blind, disabled, 65+)Disabled workers with work credits
Benefit AmountFixed, based on living situationBased on average lifetime earnings
Provides Higher Benefits?NoYes
Medicaid EligibilityOften yesTypically no

SSI payments play a crucial role in supporting low-income individuals and families in the United States. By understanding the eligibility criteria, payment schedules, and additional benefits, beneficiaries can make the most of the support available to them. If you think you may qualify, take the time to apply and secure the financial assistance you need.

FAQs about SSI Payments

What is SSI?

SSI stands for Supplemental Security Income, a program providing financial assistance to elderly, blind, or disabled individuals with limited income and resources.

Who funds SSI payments?

SSI payments are funded by general revenues from the US Treasury, not Social Security taxes.

What is the maximum monthly SSI payment?

Individual beneficiaries can receive up to $943, while eligible couples can receive up to $1,415.

When are SSI payments sent?

SSI payments are typically sent on the first of the month unless it falls on a weekend or federal holiday, in which case they are sent on the prior working day.

Can I receive both SSI and SSDI benefits?

Yes, but the total of your two payments cannot exceed the maximum SSI benefit for an individual or a couple.

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