June brings a change for seniors over 65 receiving Supplemental Security Income (SSI) benefits: there will be no SSI payments this month. This adjustment comes after the Social Security Administration (SSA) issued a double payment in May, as the first of June falls on a Saturday.
When this occurs, the SSA reschedules payments to the preceding business day, meaning SSI recipients will need to wait until July 1 for their next $1,400 check. If you qualify for this financial program, here’s what you need to know about eligibility requirements and the payment schedule for the rest of the year.
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SSI and Its Importance
The SSA provides SSI benefits to around 5 million low-income elderly, disabled individuals, and children who meet specific criteria. These benefits are crucial for many who do not have sufficient income or resources to live comfortably. SSI payments support beneficiaries across all 50 states, the District of Columbia, and the Northern Mariana Islands, with states having the option to supplement federal SSI payments.
Eligibility Requirements
SSI benefits are available to individuals who are aged 65 or older, blind, or disabled with limited income and resources. The SSA evaluates an applicant’s income, living arrangements, and citizenship status to determine eligibility. More detailed criteria can be found on the SSA’s official website.
SSI Payment Schedule for 2024
Receiving SSI payments regularly is essential for many low-income seniors who depend on these funds for their basic needs. The SSA has established a payment schedule to ensure beneficiaries know when to expect their payments.
Typically, payments are made on the first of each month, unless that date falls on a weekend or federal holiday. In such cases, the payment is issued on the last business day of the previous month.
Here’s the remaining payment schedule for 2024:
Month | Payment Date |
---|---|
July | Monday, 1st |
August | Thursday, 1st |
September | Friday, August 30 |
October | Tuesday, 1st |
November | Friday, 1st |
December | Friday, November 29 |
Variability in SSI Payments
SSI payment amounts vary based on the recipient’s income and filing type. Here’s a breakdown:
- Individuals: Average monthly payment is $698, with a maximum of $943.
- Couples: Can receive up to $1,415 in monthly benefits.
- Essential Person (EP): An additional $472 per month.
To qualify as an essential person, recipients must meet specific criteria set by the SSA. More information about EP requirements can be found on the SSA’s official website.
Applying for SSI Benefits
Individuals who may qualify for both Social Security and SSI benefits can apply using the same form. However, the SSA often requires additional information before approving benefits. Consulting with a financial advisor or Social Security specialist before applying can help increase the chances of approval.
FAQs
Why are there no SSI payments in June?
The SSA issued a double payment in May because the first of June falls on a Saturday. Therefore, the next payment will be on July 1.
How can I check my eligibility for SSI?
Eligibility is based on age, income, resources, and disability status. Detailed criteria are available on the SSA’s official website.
When will I receive my next SSI payment?
The next SSI payment is scheduled for July 1. Refer to the SSA payment schedule for future dates.
How much can I receive from SSI as an individual?
Individual SSI recipients can receive an average of $698, with a maximum of $943 per month.
What is an Essential Person (EP) in the SSI program?
An EP is someone who provides essential care to an SSI recipient. Meeting EP criteria can result in additional monthly payments.