Millions of recipients, including survivors and retired workers, receive monthly payments from the Social Security Administration (SSA). Children, spouses, widows, widowers, or parents of any deceased beneficiary are considered survivors. Disability benefit like Supplemental Security Income (SSI) are also distributed by the SSA on a monthly basis.
The SSA has already released the benefits payment schedule for 2024 as it draws to a close. Below is a breakdown of the calendar and SSA Pay Dates 2024 and the SSA declared last month that the cost-of-living adjustment (COLA) for 2024 will be 3.2%. Based on the September 2023 average of USD 1,793.51, will result in a USD 57.39 monthly increase in the average retirement benefit.
I will list the SSI Payment Schedule 2024 Stimulus Checks Dates you can anticipate getting your money for the remainder of the year, whether you’re new to getting benefits or intend to apply for SSI shortly. For additional information, see how to How to Apply for SSI Benefits? in your state.
SSI Payment Schedule 2024
The COLA for the following year will still be significantly higher than the 2.6% average over the previous two decades, even if it will be much lower than the 8.7% increase for this year. The typical things, which primarily impact Supplemental Security Income (SSI) Applicants, will be included in the SSI 2024 payment schedule. In March, June, September, and December, Receiver of SSI receive two payments; in January, April, July, and October, there are no payments deposited.
For the following four months February, May, August, and November, one check is written. Since the end of September, when your October payment arrived, you have not received a check for Supplemental Security Income; however, one is on the way. If you have arranged for direct deposit, your November payment ought to come today.
Supplemental Security Income 2024 Details
|SSI Payment Schedule 2024
|Name of Organization
|Social Security Administration (SSA)
|Elderly American’s above 65 years and Disabled
|SSI Payment Schedule 2024
|Individuals: USD 914
Couple: USD 1371
USA’s SSI Payment 2024 Stimulus Checks Dates
Payments for Supplemental Security Income (SSI) are made on the first of each month in accordance with the SSA 2024 Payment schedule. The payment is advanced to the first working business day before the month’s first day if it falls on a Saturday, Sunday, or holiday. SSI Payment 2024 Stimulus Checks will be given to receivers who started getting their payments before to May 1997 on the third day of every month.
Payments are also made in advance if the third day falls on a weekend or holiday. The SSI payment 2024 is paid on the first day of the month, and the Social Security payment is sent on the third, for individuals who receive both SSI and Social Security payments (retiree, survivors, or SSDI) at the same time. Depending on the Applicants’ birthdates, the remaining SSI Payment 2024 Stimulus Checks are issued on Wednesdays.
Categories of SSI Beneficiaries 2024
The recipients of Supplemental Security Income can be divided into two primary categories based on when they started receiving benefits:
Before to May 1997: Your monthly SSI payment is normally sent on the third day of the month if you began receiving Social Security benefits before to May 1997. This holds true for benefits related to disability and retirement. Like with SSI, your payment will be made on the final working day prior to the weekend or holiday if this day falls on a Saturday, Sunday, or holiday.
After May 1997: The SSI 2024 payment schedule for beneficiaries who started receiving benefits after May 1997 is more erratic. Your birthdate determines the payment day, which is the second, third, or fourth Wednesday of the month.
Will there be extra SSI payments?
The amount that seniors in the US get from Social Security is among their top priorities. This is due to the fact that a sizable percentage of these retirees only get their retirement payout. It is crucial for them to know the day they will receive each fresh check because of this. They can experience financial difficulties if they are unsure of when they will receive their new Social Security payments.
Yes December 2023 will see two SSI payouts. The January 2024 payment is scheduled to be distributed on January 1, but since January 1 is a holiday, it will be distributed on December 29. Consequently, SSI beneficiaries will be paid twice in December 2023 but not in January 2024.
How to Apply for SSI Benefits 2024?
- Making an appointment at the local office or by phone with Social Security is the first step. This is significant since it determines when a disability begins. You are not currently able to SSI Benefits 2024 apply online. Then, the application needs to be submitted within 60 days.
- Processing an SSI claim typically takes one to six months, if all necessary paperwork is submitted. The SSI claim procedure may take longer if a claim is rejected by Social Security and an appeal is submitted.