Social Security payments in 2024 have been a hot topic since the start of the year. With a Cost-of-Living Adjustment (COLA) of 3.2%, many were hopeful about economic improvements. However, compared to the 8.7% adjustment in 2023, some were dissatisfied, especially when inflation outpaced the COLA in March. In 2023, the COLA was high due … Read more
In August, recipients of the Supplemental Security Income (SSI) program will be delighted to find a double SSI payment in their accounts. If you’re eligible for these monthly benefits, mark your calendar for August 1st, when you could receive up to $2,800. This double payment occurs because the first of September falls on a weekend, … Read more
While federal stimulus checks have ended, several states continue to provide direct payments to help residents tackle ongoing economic challenges and inflation. These rebates often promote sustainable energy choices, like purchasing electric vehicles or implementing clean energy solutions at home. So, which states still offer payments that Americans should look out for? Check for Unclaimed … Read more
For millions of low-income seniors, the Supplemental Security Income (SSI) program is a lifeline, providing crucial monthly benefits that help cover essential expenses. Without these payments, many individuals would face significant financial hardship and potentially live in poverty. As we approach a new month, there are important updates regarding the payment dates for SSI recipients. … Read more
Every month, the Social Security Administration (SSA) diligently distributes payments to millions of retired workers, survivors, disabled individuals, and those who qualify for the Supplemental Security Income (SSI) program. Knowing how and when these payments are issued can help retirees plan their finances better and ensure they receive the maximum benefits they are entitled to. … Read more
The Social Security Administration (SSA) provides disability benefits to approximately 55 million disabled workers nationwide. Every month, the SSA delivers Social Security Disability Insurance (SSDI) payments to millions of disabled individuals who rely on this income to cover their living expenses. If you qualify for SSDI, read on to learn about the confirmed dates for … Read more
Seniors over 65 will receive their next direct SSI payment on July 1st. The Social Security Administration (SSA) has rescheduled June’s payment to Friday, May 31st. This means that millions of Supplemental Security Income (SSI) recipients will not receive their $943 monthly benefits in June. These payments already include a 3.2% cost of living adjustment … Read more
The Supplemental Security Income (SSI) program, managed by the Social Security Administration (SSA), provides financial assistance to individuals with low income and resources. This program aims to support those who struggle to make ends meet. On July 1, millions of SSI recipients in the US will receive payments ranging from $697 to $943. Couples who … Read more
If you’re receiving Social Security benefits, you know the importance of timely and accurate payments. To avoid potential overpayments and the hassle of dealing with government agencies, it’s crucial to understand when and how you’ll receive your benefits. Many believe that Social Security benefits arrive on the same day each month, much like a regular … Read more
The Supplemental Security Income (SSI) program is set to see some changes potentially on the horizon. According to predictions from The Seniors Citizen League, a Cost-of-Living Adjustment (COLA) of 2.66% might be in store for 2025. While these figures are speculative and dependent on future inflation rates, it’s intriguing to consider what these adjustments could … Read more