Social Security Disability Insurance (SSDI) is a federal program that provides monthly benefits to disabled individuals who meet specific requirements. If you qualify for SSDI, you can receive monthly payments to help cover your expenses. In this article, we will explain the eligibility criteria, how to apply, and the payment schedule for June. We’ll also discuss how SSDI payments interact with Supplemental Security Income (SSI).
What is Social Security Disability Insurance (SSDI)?
SSDI is a federal program that gives monthly benefits to disabled people who have worked and paid into the Social Security system before becoming disabled. This program is crucial for those who cannot work due to their disability and need financial assistance to support themselves and their families.
Can You Receive Both SSDI and SSI?
Understanding Concurrent Benefits
You might be eligible to receive both SSDI and SSI benefits if you meet the requirements for both programs. This situation is called “concurrent benefits.” However, your SSDI payment might reduce or disqualify you from receiving SSI because the programs have different qualifying requirements and purposes.
Income Limits for SSI
To receive SSI, your countable income must be below certain limits. In 2024, the maximum income for singles is $943, and for couples, it is $1,415. If your SSDI payment is more than $963, you will not qualify for SSI. If your SSDI payment is less, you may still qualify for SSI, but your benefit will be reduced.
When Will the Next SSDI Payment Be Made?
June Payment Schedule
SSDI payments are made according to a set schedule based on your birth date:
June 3rd: Payments for those who claimed Social Security before May 1997.
June 12th: Payments for those born between the 1st and the 10th.
June 18th: Payments for those born between the 11th and the 20th.
June 26th: Payments for those born between the 21st and the 31st.
Due to the federal holiday on June 19th, payments scheduled for that day will be made on June 18th instead.
SSDI Payment Amounts in June
Average and Maximum Payments
The SSDI payment amounts vary based on your previous work history and contributions to the Social Security system:
Average payment: $1,537
Blind recipients: $2,590
Maximum payment: $3,822
These payments help disabled individuals cover their expenses and keep up with inflation. A cost of living adjustment (COLA) is expected to be approved by the end of this year, which will increase payments starting in January 2025.
SSDI is an essential program for disabled individuals who have worked and contributed to the Social Security system. By understanding the eligibility criteria and payment schedules, you can ensure you receive the benefits you deserve. With the potential for concurrent benefits from SSI, it’s important to know how these programs interact. The upcoming COLA increase will further help disabled individuals manage rising living costs.
FAQs
What is SSDI?
SSDI is a federal program that provides monthly benefits to disabled individuals who have worked and contributed to the Social Security system.
Can you receive both SSDI and SSI?
Yes, you can receive both if you meet the requirements for both programs, but your SSDI payment might reduce or disqualify you from receiving SSI.
When will the next SSDI payment be made?
Payments are made according to your birth date, with specific dates in June for different birth date ranges.
How much are the SSDI payments?
The average payment is $1,537, with blind recipients receiving $2,590 and the maximum payment being $3,822.
What is the COLA increase?
The COLA increase is a cost of living adjustment that will be approved by the end of this year, increasing SSDI payments starting in January 2025.