Supplemental Security Income (SSI) is a program designed to help some of the most vulnerable people in the United States. This financial support ensures that those who have very low income and few resources can cover their basic needs, like food and shelter.
SSI is available to individuals of all ages who meet specific criteria, including having disabilities, blindness, or being 65 or older. This guide will explain who can receive SSI, the payment amounts, and what to do if there are disruptions to the payment schedule.
Who Can Get Supplemental Security Income?
Eligibility for SSI Benefits
SSI is available to people who have very limited income and resources. Here’s who can qualify:
Individuals with Disabilities: Both adults and children who have disabilities can qualify for SSI. Children need to apply through their parents or guardians.
Blind Individuals: Those who are blind may also be eligible.
Senior Citizens: People aged 65 or older can receive SSI if they meet the financial criteria.
Low Income: To qualify, you generally need to earn no more than $1,971 per month from work.
Limited Resources: The total value of your resources (like bank accounts, property, and vehicles) must be under $5,000 for individuals. Couples can have a bit more.
Some states have higher income limits and different rules, so it’s worth checking your state’s specific regulations if you think you might be eligible.
SSI Payment Amounts
How Much Can You Receive?
For 2024, the maximum SSI payments are:
For Individuals: Up to $943 per month.
For Couples: Up to $1,415 per month.
The amount you receive depends on your income and resources. If you live in a state with higher income limits, you might be able to receive SSI benefits even if you earn more than the standard limit.
What to Do If Payments Are Delayed
Handling Payment Disruptions
In June, you might have noticed some unusual changes in the SSI payment schedule:
- Payments in May: Some recipients may have received two payments in May, which was not planned.
- June Payments: Since June 1st was a Saturday, payments were delayed. SSI payments are usually deposited on the 1st of each month. If this day falls on a weekend or holiday, payments are rescheduled to the next business day.
These disruptions can cause stress, especially if you rely on SSI benefits to cover your basic needs. It’s important to be aware of these changes to avoid any potential issues with late fees or overdrafts.
The next scheduled payment is on July 1st, and it should be processed on time, barring any further disruptions.
Supplemental Security Income (SSI) provides essential financial support to people with low income and few resources. If you qualify for SSI, you might experience occasional changes in payment schedules, especially if payment dates fall on weekends or holidays.
Knowing how eligibility works and staying informed about payment schedules can help you manage your finances better. If you encounter any issues with your payments, remember to contact the Social Security Administration for assistance.
FAQs
What is the income limit for SSI eligibility?
You can earn up to $1,971 per month and still qualify for SSI benefits. However, the income limit may vary in different states.
How much money can I have in my bank account to qualify for SSI?
For individuals, the resource limit is $5,000. Couples can have slightly more. Certain assets, like your home and one vehicle, are not counted.
Why did I receive two SSI payments in May?
This was a scheduling change or error. It is important to check your payment details to understand any changes and avoid confusion.
What should I do if my SSI payment is delayed?
If your payment is delayed, check your My Social Security account or contact the Social Security Administration for information. Delays are often due to weekends or holidays.
Will my July SSI payment be on time?
The July payment is scheduled for July 1st and should be processed on time unless there are unexpected issues.