2024 SSI Supplemental Security Income Double Payments: Schedule, Amounts, and Updates

2024-04-20 22:47:00

If you are among the 7.5 million beneficiaries of the federal program of the Supplemental Security Income (SSI)designed to help those with limited resources and income, in this note made by Gestión you will find the information on the deposit date, the amounts and the double payment scheduled for May 2024. Remember that everything is in accordance with what is stipulated in the official schedule provided by the Social Security Administration (SSA).

Surprises for May 2024! The Social Security payment schedule for the fifth month of the year confirmed that there will be two disbursements that will benefit those with limited resources.

Social Security confirmed two payments scheduled for May of this year (Photo: Pexels)

In case you don’t know, Supplemental Security Income beneficiaries receive their payments on the first day of each month. However, there are several exceptions that are not taken into account by North American residents.

SSI IN MAY: WHY WILL THERE BE DOUBLE PAYMENT IN THE FIFTH MONTH OF 2024?

The program establishes two payment dates for the month of May, but it will not be an extra payment or some additional benefit, but rather the June pension. And, according to the Social Security Administration (SSA), payments must be made on the 1st of each month, but when it falls on a weekend or holiday, the payment is made before the month begins. In this case, June 1st falls on a Saturday, which is why they have decided to advance the payment to May 31st.

That is, the payments would be as follows:

• Wednesday, May 1 (corresponding to the month)
• Friday, May 31 (corresponding to the month of June)

Keep in mind that the Social Security Administration always warns about changes of this type, since the vast majority of beneficiaries depend on this program. By knowing the exact payment dates, you will be able to more effectively manage your personal finances.

2024 payment schedule (Photo: SSA)

SSI: HOW MUCH IS THE SUPPLEMENTAL SECURITY INCOME PAYMENT?

Below are the average amounts that SSI program beneficiaries will receive by 2024, according to the Social Security Administration (SSA).

• Average individual payments: US$943
• Average payments per couple: US$1,415
• Essential people: US$473

Remember that to access this benefit you only need to meet some of the requirements such as being an older adult with limited resources.

Average payments per couple can reach up to US$1,415 (Photo: Pexels)

At the same time, you must have a disability or retired certificate before reaching full retirement age for health reasons.

MORE INFORMATION ABOUT SOCIAL SECURITY

HOW DO I KNOW IF THE SOCIAL SECURITY PAYMENT APPLIES TO ME?

All the information regarding Social Security and the payment of the check can be found at the government entity’s websitewhich you can access in Spanish.

WHY DO CERTAIN PEOPLE WHO HAVE NEVER WORKED RECEIVE A SOCIAL SECURITY PENSION?

The history of Social Security and contributors has always been marked by delays, government bureaucracy and time. Although for some it is a simple documentary exercise, others have to suffer from the little help from the SSA itself to expedite the monthly check that they are entitled to as beneficiary.

However, and although there are countless laws that regulate these payments, it is still There are 4 legal loopholes that facilitate these leaks of money towards those who never worked, and, therefore, did not contribute to the mutual fund either..

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