SSI recipients will get their next payment in about three weeks. Even if they all got their December payments on November 29, 2024, another one will be issued on December 31, 2024.
To your knowledge, the last payment will be made on January 1, 2025, not December 31. The Social Security Administration has rescheduled this Supplemental Security Income payment, which will be sent 24 hours in advance.
There are various advantages to getting an SSI check or direct deposit in advance, including the ability to spend your money as soon as possible if you are suffering financial difficulties. Because January 1 is a federal holiday, SSA offices and banks will be closed all day. Even if online services are accessible, no payments are made on that particular day.
SSI payments of up to $1,450
Social Security has announced that new federally funded payment would provide up to $1,450 to eligible married couples. If you are single, the maximum payment from Supplemental Security Income will be $967, up from $943.
These are the maximum SSI payout amounts assuming you do not get any reductions. Keep in mind that if you receive Social Security Disability Insurance (SSDI) or retirement benefits, your payments will be cut in most cases.
Source google.comThat is why the average payout for all SSI participants is $698 (as of November 2024). Supplemental Security Income users aged 65 and up receive an average of $575 since they may be receiving retirement payments.
Essential persons to get $484 from SSI
If you are not an individual or married couple, you may be eligible for Supplemental Security Income benefits. To be deemed an essential person, you must fulfill all of the requirements.
Although their pay is substantially lower, up to $484, it is very beneficial to those who need it the most. Individual, couple, and dependent SSI payments will all increase by 2.5% as a result of the 2025 COLA increase.
If you feel your payment is inadequate and you are facing food insecurity, you may apply for additional federal programs, such as the Supplemental Nutrition Assistance Program (SNAP).
