Americans who want to plan their finances for the long term and have accepted a Supplemental Security Income (SSI) check should be aware of the upcoming payments of this benefit. The Social Security Administration will not pay another check in April, but will pay another check later in the year.
And in order to get the payments from these upcoming mailings we will have to meet just one requirement. In total, the Administration will send out two Supplemental Security Income (SSI) checks in the month of May, so in just one month we can count on two of these payments with a maximum check of $943.
How to get the next two SSI checks?
As we have already mentioned, the April Supplemental Security Income payments have already been sent. Still, it is true that some Americans may get paid in the next few days if they have not activated Direct Deposit as a collection method. The payments were sent on the 1st, so it takes a few days for them to appear in the current account under these conditions.
But if we have activated Direct Deposit, not only will we have our April Supplemental Security Income (SSI) money available now, but we will get two checks in May. The collection days for these benefits in May will be the 1st and 31st of the month.
The COLA 2024 will be included in each of the checks. So not only will we collect the benefit, but it will carry the bonus for this year. In total, the COLA has increased by 3.2% over the previous year.
Who can get SSI monthly?
In order to get one of the Supplemental Security Income (SSI) benefits we need to meet two requirements. These two requirements are related to each recipient’s own personal information.
The first of these requirements is that you must be age 65 or older or have a disability. It doesn’t matter which of the two groups we belong to, as both get payment equally and on the same day. So whether you are 65 or have a disability you could get this benefit.
But you have to take into account the second requirement. In addition to the previous one, it is also true that it is mandatory to have low resources, in addition to low monthly income. Also, the less monthly income we have, the more Supplemental Security Income (SSI) we will get, with a maximum of $943 per month.