The Social Security Administration (SSA) delivers monthly payments to over 71 million people, including retired workers, survivors, disabled individuals, and recipients of the Supplemental Security Income (SSI) program. However, there will be a slight change in the payment schedule next month. Specifically, SSI recipients won’t receive their regular payments on the first of the month. Instead, the SSA has rescheduled the September payment to Friday, August 30th. This adjustment ensures that beneficiaries receive their payments before the start of the following month, thereby minimizing potential delays.
This change primarily affects SSI recipients, including low-income seniors over 65, disabled adults, and children who qualify under specific criteria. It’s crucial to note that while this payment adjustment might seem like an extra payment in August, it is actually the September benefit being issued early. A similar adjustment will also take place in December, with the final payment of the year being moved to December 29th. Below is a list of upcoming payment dates for SSI beneficiaries:
- Thursday, August 1
- Friday, August 30 (for September)
- Tuesday, October 1
- Friday, November 1
- Friday, November 29 (for December)
Monthly Social Security Payments: What to Expect
Millions of Americans rely on Social Security benefits as a source of income after years of work and contributions. These payments cover a wide range of beneficiaries, including retirees, survivors, and disabled individuals. However, the amount each person receives in 2024 can vary significantly based on several factors, including income and the type of claim filed.
For instance, individuals receiving SSI benefits typically earn $943 per month, while couples may receive $1,415 per month. Additionally, individuals identified as Essential Persons (EP) can receive an extra $472 per month if they meet specific SSA requirements. These payments are intended to provide basic financial support to those who have contributed to the Social Security system throughout their working lives.
Retirement, Survivor, and Disability Insurance (RSDI) Payments
Recipients of the Retirement, Survivor, and Disability Insurance (RSDI) program receive monthly benefits ranging from $1,505 to $4,873, depending on their specific circumstances. Eligibility for these benefits is determined by factors such as reaching full retirement age, having a sufficient work history, and making Social Security contributions. The following table details the average monthly payment amounts for different types of benefits:
| Social Security Payments | Retirement Benefits | Survivors Benefits | Disability Benefits |
|---|---|---|---|
| Average | $1,900 | $1,505 | $1,537 |
| Other Payments | Age 62: $2,710 | ||
| Age 67: $3,822 | |||
| Age 70: $4,873 | |||
| Individual | $1,773 | ||
| 2 Children | $3,653 | ||
| Blind Recipients | $2,590 | ||
| Maximum Payment | $3,822 |
Receiving Multiple Social Security Payments
It is possible for some beneficiaries to receive more than one type of Social Security payment each month. For example, individuals may qualify for both Social Security Disability Insurance (SSDI) and SSI benefits. SSDI provides benefits to those with disabilities who have worked long enough and paid Social Security taxes. In contrast, SSI is based on age, income, and resource thresholds, without requiring a work history. To qualify for both, beneficiaries must meet specific criteria related to age, disability, and employment history. Using the SSA’s Benefits Eligibility Screening Tool can help determine eligibility for these programs.
Key Takeaways
- SSI recipients will receive their September payments on August 30th instead of the usual date.
- Monthly Social Security payments vary depending on the type of benefit and the recipient’s circumstances.
- Some beneficiaries can receive both SSDI and SSI payments if they meet specific eligibility requirements.
FAQs:
Why is the SSI payment date changing?
The payment date is changing to ensure beneficiaries receive their payments before the start of the new month, reducing potential delays.
Who is affected by the payment date change?
The change primarily affects recipients of the SSI program, including low-income seniors, disabled adults, and children.
How much do SSI recipients typically receive each month?
Single SSI recipients typically receive $943 per month, while couples receive $1,415 per month.