If you qualify for both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI), you might receive a double payment this week. Here’s a simple guide on who gets these payments, how often, and what other benefits you might be able to access.
Eligibility for Double Payments
To get a Social Security double payment, you need to qualify for both SSI and SSDI. These programs are for different types of people:
- SSI: Helps people with disabilities who have low income.
- SSDI: Assists people who have worked and paid Social Security taxes but are now disabled.
Who Can Get Double Payments?
You might be eligible if:
- You became disabled at a young age.
- You had low-paying jobs.
- You didn’t work full-time for ten years before becoming disabled.
If you get SSI and SSDI, you can receive a double payment, which is especially helpful if your SSDI payments are low.
Monthly Income and Resource Limits
Here are the income and resource limits for SSI:
- Individuals: Up to $1,767 in monthly income.
- Couples: Up to $2,607 in combined monthly income.
- Resources: $2,000 for individuals and $3,000 for couples.
July 2024 Payment Schedule
In July 2024, the Social Security Administration (SSA) will make payments on these dates:
- July 1st: SSI recipients.
- July 3rd: People who started receiving benefits before May 1997.
- July 10th: Beneficiaries born between July 1 and 10.
- July 17th: Beneficiaries born between July 11 and 20.
- July 24th: Beneficiaries born between July 21 and 31.
If you qualify for both SSI and SSDI, you will get your double payments on July 1st and July 3rd. Others will follow the usual schedule.
Additional Benefits Programs
Besides double payments, you might be able to get extra help through other programs:
Supplemental Nutrition Assistance Program (SNAP)
- Purpose: Helps buy groceries.
- Average Monthly Benefit: $105 for older adults.
- Note: Around 5 million eligible people do not apply.
Medicare Part D Low-Income Subsidy (LIS or Extra Help)
- Purpose: Lowers out-of-pocket costs for medicines.
- Annual Cost per Beneficiary: $5,300.
- Note: About 2 million eligible people do not sign up, missing out on $10.6 billion in benefits yearly.
Medicare Savings Programs
- Purpose: Covers monthly Part B premium costs.
- Monthly Benefit: Up to $174.70 until 2024.
- Note: 2 to 3 million people miss out on $5.94 billion in benefits.
If you qualify for both SSI and SSDI, you can receive double payments, which can significantly help with your finances. Additionally, various programs like SNAP, Medicare Part D LIS, and Medicare Savings Programs offer extra support to those who qualify. Understanding and applying for these benefits can improve your financial stability and provide additional relief.
1. What are Social Security double payments?
Social Security double payments occur when someone qualifies for both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI), resulting in receiving payments from both programs in one period.
2. Who is eligible for Social Security double payments?
To be eligible, you must qualify for both SSI and SSDI. This typically includes people who became disabled at a young age, had low-paying jobs, or didn’t work full-time for ten years before becoming disabled.
3. When will the double payments be made in July 2024?
Double payments for eligible recipients will be made on July 1st and July 3rd, 2024. Other payments will follow the regular schedule.
4. What other benefits can I get besides double payments?
Eligible individuals can access additional benefits like the Supplemental Nutrition Assistance Program (SNAP), Medicare Part D Low-Income Subsidy (LIS), and Medicare Savings Programs. These programs help with groceries, prescription costs, and Medicare premiums.
5. How can I apply for these additional benefits?
You can apply for SNAP, Medicare Part D LIS, and Medicare Savings Programs through your local Social Security office or online through the respective program websites. It’s important to check eligibility and application procedures for each program.