SSI Payments Update: Why You Can Get Your $841 October Payments Early

SSI payment recipients are scheduled to receive the first tranche of the two September payments in the coming weeks, with the payment scheme aiming to help those aged 65 and older, blind, and with disabilities with little to no income.

Eligibility for Supplementary Security Income depends on assets, with individuals must not have more than $2,000 in assets, or $3,000 for couples, to qualify, according to a MARCA Lifestyle report.

The payment distribution schedule usually falls on the first of each month and the last Friday of the month. However, the coming SSI payments in October will be on a weekend, meaning the payment for the said month will be given in advance.

Aside from October, December will also be a month when recipients will get double payments depending on how the dates will fall on weekends or holidays.

Meanwhile, other benefits are distributed to recipients on the 14th, 21st, and 28th of the month, depending on what day of the month an applicant's birthday falls.

SSI Payments Update

Social Security Administration noted that beneficiaries can both qualify for SSI and Social Security Disability Insurance simultaneously if the standards for qualification are met.

MARCA noted that the earning limit for SSDI is $1,350 but could be as much as $2,260 when the beneficiary of the aid is blind.

SSA allows SSDI recipients to have a nine-month trial period to try and work without losing their disabled consideration, which would let them keep their benefits regardless of monthly earnings.

SSI claimants could receive a maximum of $841 per month, equating to over $10,000 yearly.

Meanwhile, SSDI does not have an income limit. The recipients will receive their check depending on the age they became disabled, including work history and their period of eligibility.

SSI Payments and SSDI

SSI is a federal program, with general tax revenues funding the payment scheme. It aims to provide monthly payments for recipients' basic needs of food, clothing, and shelter.

SSA noted on its website that not everyone gets the same amount, with some getting more if they live in a state that adds money on top of the federal SSI payment. Meanwhile, some may get less if you are living with a breadwinner paying for household expenses or your spouse has a source of income at the moment.

SSI and SSDI are two of the most common payment programs from SSA.

National Council on aging stated that the difference between the two is based on age or disability, including limited income and resources.

SSDI determines its eligibility through disability and works credits.

SSI recipients will automatically qualify for Medicaid coverage in most states while SSDI claimants will qualify for health coverage after 24 months of receiving disability payments.

The benefits begin for SSI in the first full month after the claim was filed while SSDI provides the payment in the sixth full month of disability.

This article is owned by Latin Post.

Written by: Mary Webber

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