With October coming up, the Social Security Administration has stated that SSI checks will go up for thousands of low-income Americans over 65, disabled people, and children in certain financial situations. Supplemental Security Income (SSI) has been helping people who are having a hard time paying their bills for more than 50 years.
They do this by giving them monthly payments. There are strict rules and boundaries that keep millions of Americans from getting the money that this program offers, even though it does help them financially.
Social Security makes official the SSI checks increase for thousands of Americans
Congress currently puts limits on people and couples who want to get or apply for SSI benefits. These limits include wealth limits that have not been changed since 1989. If the partial 1989 change is put into effect now, it might make it harder for people who get SSI to save money and cause other problems.
Also, it’s important to remember that changes to the asset cap and the rules about marriage that go with it can only be made by Congress, as they are set by law.
Also, Congress has been thinking about changing the limits on SSI assets for a long time. In 2003, for example, a congressional group said that the cap should be raised from $2,000 to $3,000 for single people and from $3,000 to $4,500 for couples.
They also said that the amounts should be changed to account for inflation. The government has taken other steps since then. Once more, we are ready to share what we know with Congress as it thinks about and talks about this issue.
Even though Congress is the only one who can make some changes, the SSA is working to change SSI rules so that they are easier to understand, less stressful, and better help disabled people. As an example, three changes to SSI that were announced earlier this year go into effect today.
These changes are expected to give hundreds of thousands of disabled Americans new or higher SSI payments. You can find out everything you need to know about the three new features added to the program here:
- The Social Security Administration will no longer take into account the provision of food aid by friends and family when determining an applicant’s eligibility based on the in-kind support and maintenance (IMS) rules. This would enable more people to qualify for SSI benefits and raise monthly SSI payments for over 90,000 persons by roughly $131.
- Previously applicable in just seven states, the agency is extending the rental subsidy exception to all SSI applicants and recipients nationwide. This might make more people eligible and raise SSI payments for approximately 41,000 people by $132 per month.
- The SSA will broaden the definition of a public assistance household by including Supplemental Nutrition Assistance Program (SNAP) benefits among the types of public assistance listed, as well as eliminating the requirement that all household members receive public assistance to be classified as such. Lastly, please keep in mind that these two modifications might enhance SSI payments to approximately 277,000 people and allow more people to qualify, while simultaneously lowering reporting requirements for persons living in public assistance homes.
How much money do recipients receive in their SSI checks?
Right now, people who get Supplemental Security Income (SSI) can get different amounts of money depending on their resources and income, as well as the filing category they picked when they applied. Here are the confirmed SSI checks that people will be able to get in 2024:
| Social Security payments | SSI checks |
| On average | $698 |
| Other payments | Individuals: $943
Couples: $1,415 Essential person: $472 |
SSI recipients will likely get a 2.5% raise on their next check in 2025 once the cost of living adjustment (COLA) is approved this week. This means that users could get an average of $715 a month, and single people or couples could get up to $967 and $1,450, respectively.
Also See:- Social Security Announces: New Increase Check Payment Date Announced