The Social Security Administration (SSA) has officially announced that eligible couples receiving Supplemental Security Income (SSI) will soon see an increase in their maximum payment, reaching up to $1,450.
This adjustment includes a 2.5% cost-of-living adjustment (COLA) for 2025, even though the additional payment will be made before the year’s end. Since January 1, 2025, is a holiday, these payments are scheduled to be delivered on December 29, 2024, according to the SSA’s payment calendar.
Below is a detailed breakdown of how this increase affects different beneficiary categories:
| Beneficiary Category | Monthly Check (Current) | Monthly Check (2025 with COLA) | Increase Amount |
|---|---|---|---|
| Average Benefits | $698 | $715 | $17 |
| Individuals | $943 | $967 | $24 |
| Couples | $1,415 | $1,450 | $35 |
| Essential Persons | $472 | $484 | $12 |
What to Do If Payments Are Delayed?
In case your SSI payment does not arrive as scheduled, the SSA advises waiting at least three mailing days before reaching out. Payment delays are often caused by your bank rather than the agency. Beneficiaries can also utilize their My Social Security Account to:
- Access financial statements.
- Track payment schedules.
- Request further details about benefits.
Eligibility Requirements for SSI Benefits
To qualify for SSI payments, individuals must meet specific criteria set by the SSA. The program aims to assist those who are elderly or disabled and have limited income and resources. Below are the key eligibility requirements:
- Minimal or no financial resources.
- Low or no income.
- Age 65 or older, blindness, or a qualifying disability.
In 2024, the maximum benefit amounts are:
- Individuals: $943 per month.
- Couples: $1,415 per month.
It’s important to note that Social Security Disability Insurance (SSDI), often referred to as disability benefits, requires a prior work history to qualify. Conversely, SSI does not mandate a job history as eligibility is based solely on financial need and specific criteria.
New, Streamlined SSI Application Process
The SSA has unveiled a faster application process for those applying for SSI benefits, aiming to simplify the system for applicants and adjudicators alike. The new online tool, called iClaim, will feature clearer and more user-friendly questions, expediting the process for eligible individuals.
- Phase One (2024): Designed for first-time applicants aged 18 to 65, who have never been married, and are applying for both SSI and Social Security benefits.
- Phase Two (2025): Expected to expand the system’s reach to additional applicants.
Although this streamlined system promises efficiency, not all users will gain immediate access during the initial implementation phase.
Key Differences Between SSDI and SSI Benefits
The SSA administers both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) to provide financial assistance. However, the two programs differ significantly in their requirements and benefits:
| Feature | SSI | SSDI |
|---|---|---|
| Eligibility Criteria | Age, disability, and limited income/resources | Disability and work credits |
| Health Benefits | Medicaid (in most states) | Medicare (after 24 months of benefits) |
| Funding Source | Federal income taxes | Social Security payroll taxes |
| Work History Requirement | Not required | Required |
FAQs
When will couples receive the increased SSI payment?
Couples will receive the adjusted payment, including the 2.5% COLA, on December 29, 2024, due to January 1 being a holiday.
What should I do if I don’t receive my SSI payment on time?
Wait at least three mailing days before contacting the SSA. Payment delays often occur due to bank processing issues.
Can I apply for SSI benefits online?
Yes, the SSA is rolling out a new online application system, iClaim, designed to simplify and accelerate the process.
