Recipients from the Supplemental Security Income (SSI) will receive another Social Security payment in less than one week. The next direct payment of $943 is scheduled to be mailed on Monday, April 1st. Individual recipients might receive up to $943, while eligible couples could earn up to $1,415 in monthly benefits. If an SSI beneficiary lives with an essential person, they may be eligible for an additional $472 Social Security payment.
In addition, it’s important to note that all SSI payments already include the cost of living adjustment (COLA), which was announced last year in October and further implemented in January 2024. The Social Security Administration (SSA) delivers all benefits based on the Social Security payment schedule, so beneficiaries from all financial aid programs can receive their monthly benefits on time. As the Supplemental Security Income (SSI) is not based on the beneficiary’s Social Security contributions, they will have a different payment schedule methodology.
Understanding Supplemental Security Income (SSI)
The Social Security Administration (SSA) is responsible for the Supplemental Security Income (SSI) program, which is a government program that focuses on financial needs and disability for those who fulfill specific qualifying requirements. However, many SSI beneficiaries are unaware that their payments are funded with general US Treasury revenues rather than Social Security taxes.
SSI normally receives their payments on the 1st of each month, unless it falls on a weekend or federal holiday. In this case, the Social Security Administration (SSA) will send the SSI payment on the prior business day. This is the reason some Social Security recipients get a double payment in some months throughout the year. For example, this year, months like June, September, and December will see this double payment. Don’t forget to check the confirmed payment dates on the benefits payment schedule for 2024.
Who is eligible for this Social Security payment?
The SSI payment is intended for working people who make less than $1,971 per month, but couples who are applying for child support or disabled individuals may also be eligible. According to the SSA requirements, interested citizens applying for the Supplemental Security Income (SSI) program should meet established income and resource restrictions.
For instance, individual and couple resource limits are around $2,000 and $3,000, respectively—resources include items like cars and bank accounts. If you are interested in finding out if you qualify or if you want to start the application procedure, the Social Security Administration (SSA) provides the SSI tool to help you. Something to keep in mind is that if you are interested in applying, the entire process should take five to ten minutes.
Social Security payment dates confirmed for SSI recipients in 2024
SSI payment date | SSI payment day |
April 1st | Monday |
May 1st | Wednesday |
June: May 31st | Friday |
July 1st | Monday |
August 1st | Thursday |
September: August 30th | Friday |
October 1st | Tuesday |
November 1st | Friday |
December: November 29th | Friday |
SSI recipients can get a double Social Security payment
Many Americans are qualified for both Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI), even though they are two separate programs. However, to be eligible for both Social Security benefits, interested beneficiaries must first fulfill the prerequisites for the SSDI and SSI programs. If you are interested in applying for both Social Security benefits, keep in mind that you will not need to submit two different applications.
It is also critical to underscore that the sum of your two installments cannot be equal to the maximum SSI payment, either for individuals or couples. Understanding both programs and their different eligibility requirements will increase your chances of correctly applying for the best Social Security benefit based on your current condition.
Feature | SSI | SSDI |
Eligibility criteria | Financial need and disability | Disability and work history |
Open to | All ages (blind, disabled, 65+) | Disabled workers with work credits |
Benefit amount | Fixed, based on living situation | Based on average lifetime earnings |
Provides higher benefits? | No | Yes |
Medicaid eligibility | Often yes | Typically no |