Millions of SSI recipients to receive inflation-adjusted payments on April 1.
Millions of Americans relying on Supplemental Security Income (SSI) can mark their calendars: the April 2024 payment of up to $967 will arrive in 23 days, on Monday, April 1. This critical financial support, administered by the Social Security Administration (SSA), assists disabled, blind, or low-income individuals facing severe limitations in daily activities due to physical or mental conditions. Notably, this year’s payments reflect a 2.5% cost-of-living adjustment (COLA) to combat inflation, offering slight relief to vulnerable beneficiaries and their caregivers.
📅 Key Dates
- Next SSI Payment Date: April 1, 2024 (23 days from today).
- COLA Increase: Payments rose by 2.5% due to inflation adjustments.
SSI Payment Amounts for April 2024
| Category | Maximum Monthly Payment |
|---|---|
| Individual | $967 |
| Couple | $1,450 |
| Essential Persons (Caregivers) | $484 |
📋 Eligibility Criteria
To qualify for SSI, applicants must:
- Be partially blind or have a physical/mental condition that:
- Severe limits daily activities for 12+ months.
- Is expected to result in death.
- Meet income and resource limits set by the Social Security Administration (SSA).
How Payments Are Calculated
- The SSA uses a benefits calculator to determine individual amounts based on:
- Income.
- Living arrangements.
- Other government benefits.
SSI vs. Social Security: What’s the Difference?
- SSI: Needs-based, for disabled/blind/low-income individuals.
- Social Security Retirement/Disability: Earned through work credits.
Stay updated with the SSA’s official portal or consult a benefits advisor for personalized guidance. 📲🔗