Home » today » Business » Social Security payments worth $914 dollars will be sent in 15 days: who will receive it – La Opinión

Social Security payments worth $914 dollars will be sent in 15 days: who will receive it – La Opinión

Next Friday, December 1, it is expected that the millions of beneficiaries of the Supplemental Security Income will begin to receive their payments corresponding to the last month of this year, The amounts vary depending on some factors.

According to the Social Security Administration’s payment schedule, SSI beneficiaries are also expected to receive double checks for the month of December; however, this is not an additional deposit by the program.

The agency organizes itself every year to send payments on the exact dates so that the beneficiaries are not affected, But when the days coincide with holidays and weekends, the distribution of checks is usually brought forward.

How much is the amount that will be received on December 1?

The amount of this payment is $914 dollars for individual taxpayers and $1,371 dollars for couples, in addition, caregivers of SSI beneficiaries receive a payment from the program that reaches $458 dollars per month.

It is also important to clarify that not all recipients receive the maximum payment, in this sense the amount of the personalized budget can be evaluated through the SSA calculator.

Who can qualify for SSI payments?

This Social Security program has some conditions for choosing beneficiaries since they must meet some age, health condition and income requirements, In this case, adults over 65 years of age with low income qualify.

Those under 65 years of age may qualify if they have any physical condition that limits their daily activities, or if they are totally or partially blind. Children can also enter the program, they must have some physical condition that limits their daily activities.

Can people with SSI and SSDI disabilities work?

The Social Security Administration establishes certain requirements for people who qualify for these payments since The aim is to ensure that the beneficiaries are citizens who really need these monthly checks.

This does not mean that recipients of either Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) cannot work while receiving benefits, but they should keep in mind that there is an additional income limit and it may affect their checks. monthly by the program.

COLA 2024 adjustments

For next year, the more than 70 million Social Security beneficiaries, including retirees and people who receive monthly payments from other programs, will have an adjustment with an increase in their checks of approximately $50 more, This is because the COLA for 2024 was 3.2%.

Likewise, the agency published the 2024 payment dates so that recipients can better organize themselves financially.

  • January: 3, 10, 17 and 24.
  • February: 1, 2, 14, 21 and 28.
  • March: 1 (SSI and Group 1), 13, 20 and 27.
  • April: 1, 3, 10, 10, 17 and 24.
  • May: 1, 3, 8, 15, 22 and 31 (June SSI).
  • June: 3, 12, 18 and 26.
  • July: 1, 3, 10, 17 and 24.
  • August: 1, 2, 14, 21, 28 and 30 (September SSI).
  • September: 3, 11, 18 and 25.
  • October: 1, 3, 9, 16 and 23.
  • November: 1 (ISS and Group 1). December 13, 20, 27 and 29 (December SSI).
  • December: 3, 11, 18, 24 and 31 (SSI January 2025).

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2023-11-16 19:48:09
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