$1,450 SSI payments after the 2025 COLA increase – Check eligibility

Posted by Anderson October 18, 2024
$1,450 SSI payments after the 2025 COLA increase – Check eligibility

The 2025 COLA raise will also make payments for Supplemental Security Income bigger. So, people who get SSI will use the 2.5% increase. As of 2024, the most that can be spent is three.

As an example, if you are a person in 2024, you can get up to $943. If both people are married and on SSI, they can get up to $1,415 in 2024. This Federal benefit for low-income people can also be given to essential persons. Before the 2025 COLA, they can only get up to $472 this year.

$1,450 for SSI in 2025 after COLA

Married couples who are qualified will be able to get up to $1,450 after the 2.5% COLA increase. Of course, you can only get so much money if you don’t make much money, don’t have many resources, or don’t have any resources at all.

Keep in mind that a lot of people who get Supplemental Security Income also get Social Security retirement or SSDI payments. This means that their monthly SSI payment will go down.

As of August 2024, the normal SSI payment for people over 65 is around $575. People younger than 18 can get an average of $820. You can see that this last group pays a lot more because they can’t get retirement or SSDI benefits on their own record.

What will be the annual increase after the 2025 COLA for SSI payments?
Source google.com

Other SSI maximum amounts after COLA

Depending on weather you receive SSI as an individual or as an essential person, you can receive other different payment amounts after the 2025 COLA increase.

  • Maximum Supplemental Security Income payment for individuals after COLA: $967
  • Maximum Supplemental Security Income payment for an essential person after COLA: $484
  • Recipients with a payment worth $500: $512 after COLA
  • Recipients with a payment worth $600: $615 after COLA
  • Recipients with a payment worth $700: $717 after COLA
  • Recipients with a payment worth $800: $820 after COLA
  • Recipients with a payment worth $900: $922 after COLA
  • Recipients with a payment worth $1,000: $1,025 after COLA
  • Recipients with a payment worth $1,100: $1,127 after COLA
  • Recipients with a payment worth $1,200: $1,230 after COLA

*The first SSI payment with the 2025 COLA increase will be issued on December 35

Also See:- About 2.6 M people aged 60 or older may not get Social Security benefits. Here’s why and how to get them