This news about the double SSI payment to be received in August 2024 is going around fast on the internet. Yes, it is true that the citizens who are eligible for SSI will get two checks in the month of August 2024, but it is clearly not extra money. In fact, because September 1, 2024, is both a Sunday and a holiday, the Social Security Administration has decided to release the SSI payment for September only on Friday, August 30, 2024. The government does not want to put the weaker section of the country in financial crisis due to public holidays, hence they have decided to release this financial assistance two days in advance.
However, there is no change in the amount of SSI check; It will remain the same as per your category. Generally, SSI payments are given on the 1st of every month as per the schedule prescribed by SSA. Retirees, low-income or no-income citizens who rely on SSI and SSDI payments to cover their daily expenses.
For information about payment check and other updates, you can check by visiting the official web portal of SSA https://www.ssa.gov/.
Double SSI Direct Deposit In August 2024
Every year the Cost of Living Adjustment (COLA) also increases with inflation and this year COLA has been increased by 3.2%. To support low-income, retired, and disabled citizens of America, the federal government has launched programs that provide financial assistance every month for their living expenses. You heard it right, eligible citizens will get two SSI checks in August 2024, but it’s not an extra payment.
There is only one reason for having a double SSI payment in August 2024 due to September 1st falling on a Sunday, and US offices are closed on weekends, so the SSA, or the Social Security Administration, has decided to release this amount in the previous month, which means. on Friday, August 30th Is. SSA releases the monthly SSI payment on the 1st of every month, but if it is a holiday or weekend, the payment is released a day earlier than scheduled. The objective of the federal government is to provide relief to the citizens from the financial crisis caused by inflation, so the holidays do not hinder their needs.
Beneficiaries do not need to make any application for the second cheque; SSA will automatically deposit this payment into their accounts.
SSI Benefit 2024 Overview
Programme | Double SSI Payments In August 2024 |
Regulated By | Social Security Administration |
Funded by | Federal Government |
Beneficiaries | Retired Low income No income Disabled or blind |
Category | Finance |
Month | August- september |
Mode of payment | Direct deposit Paper paychecks |
Category | Finance |
Official website | ssa.gov |
SSI Payment Benefit August 2024
For the welfare of the citizens, the government has decided to release the payment for the month of September at the end of August 2024.
- This advance payment will help the beneficiaries manage their budget in a better way.
- This will also increase the capacity for personal investment.
- Furthermore, holidays will not have any impact on financial aid.
- Beneficiaries will not have to wait for the next month to fulfill their basic needs.
Eligibility Double SSI Payments In August 2024
- The applicant must either be a citizen or legal resident of the United States.
- He must be 65 years of age or older.
- People who have little or no income may be eligible for SSI. The total income of an individual must not exceed $2000 from all sources and the income of a married couple must not exceed $3000.
- Retirees, the disabled, and the blind can apply for SSI.
- Disabled or blind people who cannot earn money through any skilled activity can also apply.
Citizens eligible for SSI receive a check on the 1st of every month. If the 1st happens to be a holiday or weekend, the check is delivered a day or two in advance. Citizens eligible for SSDI receive the check as per their birthday. SSA provides assistance on a Wednesday of each month.
Category | Monthly SSI Payment Amount 2024 |
Individual | $943 |
Couple | $1,415 |
Essential person | $472 |
Process to Check Double SSI Payments In August 2024
Here are the steps you can take to check your check amount. Also, it is important to keep an eye on your registered bank account number.
- First of all go to the official website of SSA: https://www.ssa.gov/
- Sign in to your SSA account.
- Find the “Manage Benefits” option.
- Then open the link “SSI Payment Benefit 2024”.
- When a new page opens, your check status will be displayed there.
FAQ’s
What is the Social Security COLA for 2024?
Since 1975, the SSA has raised the cost of living annually to fight off inflation. For 2024, COLA goes up 3.2 percent. Here’s the year-over-year increase for the past five years: 2019: 2.8%.
Who will receive SSI payments in August 2024?
SSI payments in August 2024 will be available only to eligible US citizens. Retirees, those with low or no income, the disabled or the blind are eligible to apply for SSI payments 2024.
The double SSI payment is an additional amount in August 2024 ?
The double SSI payment in August 2024 is not an additional grant given by the federal government. Due to September 1 being a Sunday, SSA will issue September checks in the month of August itself on August 30, 2024 without impacting the financial assistance program.