SSI Benefits: What is the SSI Payment Schedule? Will SSI get a Fourth Stimulus Check?
If you are over 65 years old or a potential Supplemental Income beneficiary, this article is for you. We have all the details on SSI Benefits, including the SSI Payment Schedule and whether SSI recipients will receive a Fourth Stimulus Check.
SSI, or Supplemental Security Income, is a federal program administered by the Social Security Administration (SSA). It is designed to help individuals with limited income and resources who are unable to earn a sufficient wage. SSI provides monthly payments to people who are 65 and older with limited income and resources, as well as other disabled or blind adults and children. The amount of SSI benefits received is determined by federal and state laws.
In 2024, the federal SSI benefit rate is $1,371 for a couple or civil partner and $914 for an individual. This increase is due to the Consumer Price Index (COLA) from the third quarter of 2021 to the third quarter of 2022.
SSI benefits are separate from Social Security benefits and have different funding sources. The program aims to supplement the income of individuals who are ineligible for Social Security or whose benefits are not enough to cover basic living expenses.
To be eligible for SSI benefits, you must meet certain requirements. You must be at least 65 years old, blind, or disabled. Additionally, you must have a limited income from a pension or other sources and limited resources. You must also be a U.S. national or citizen, or a lawfully permitted immigrant who complies with additional requirements. Living in one of the 50 states, the Northern Mariana Islands, or the District of Columbia is also a requirement. Marital status and family net income are also considered.
You can use the SSA’s online benefits screening tool to determine your eligibility for SSI benefits, along with other programs. If you believe you are eligible, you can file a claim by calling (800) 772-1213 or visiting your local Social Security office.
SSI payments are typically made on the first of each month during the fiscal year. If this date falls on a federal holiday or the weekend, payments are delayed until the next business day. The regular SSI payment schedule then follows in the subsequent month. For example, payments for November 1, 2024, will only be made on that day.
If your SSI payment does not arrive on the expected date, it is recommended to wait three additional mailing days before contacting the SSA. If you still have not received it, you can call 800-772-1213 between 8 a.m. and 7 p.m. on weekdays.
As for a Fourth Stimulus Check, the Senior Citizens League has advocated for a one-time stimulus check of $1,400 for Social Security recipients. However, there are currently no discussions or plans for a fourth stimulus check for Social Security recipients before the end of the year. Therefore, recipients should not expect to receive an additional $1,400 check. The SSA has announced that stimulus payments will not affect eligibility or the payment of SSI benefits. SSI recipients are likely to qualify for full stimulus payments due to their limited income and resources.
We hope this article has provided valuable information on SSI Benefits, the SSI Payment Schedule, and the possibility of a Fourth Stimulus Check for SSI recipients. Stay updated with our portal for the latest updates on SSA benefits.
