If you’ve recently become disabled in 2024, you might be exploring your options for Social Security Disability Insurance (SSDI). This program is designed to provide financial assistance to those with qualifying disabilities or blindness. Eligibility Criteria To be eligible for SSDI, you must have a disability that meets the Social Security Administration’s (SSA) criteria. This … Read more
The next round of disability benefits is just around the corner, with the Social Security Administration (SSA) set to send a new Social Security Disability Insurance (SSDI) payment on July 24 for eligible recipients. Here’s a comprehensive look at the upcoming payments and what recipients can expect. July 24 SSDI Payment To receive the SSDI … Read more
The Social Security Administration (SSA) recently announced a major payout to disabled beneficiaries. In a blog post dated July 16, the SSA revealed that as of June 2024, they have disbursed $901 million in back payments to Supplemental Security Income (SSI) recipients. SSI Explained Supplemental Security Income (SSI) is a program designed to assist individuals … Read more
Are you a retiree, on disability (SSDI), or receiving SSI (Supplemental Security Income)? If so, you might be getting a payment within the next two weeks, provided you’re eligible. First up, there’s a payment scheduled for retirees and disability insurance recipients on July 24. To qualify, you must have been receiving benefits since before April … Read more
Knowing the world of Social Security benefits can be complex, especially when distinguishing between Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI). Each program serves different populations and has unique eligibility criteria and benefits. Let’s break down the key differences, payment amounts, and additional details about these two important programs. Work Credits SSDI … Read more
Millions of beneficiaries will receive their Supplemental Security Income (SSI) payments from the Social Security Administration (SSA) on August 1. Depending on personal circumstances, these payments can be as much as $943 per individual. This assistance supports individuals with debilitating disabilities that negatively impact their income, ensuring they have financial aid to manage their daily … Read more
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