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For individuals who receive Supplemental Security Income (SSI) benefits in addition to Social Security, the SSI Federal Payment Standard will rise to $943 a month in 2024 from $914 in 2023. For ...
Keep in mind: The January 2024 Supplemental Security Income (SSI) payment is mailed on Dec. 29, 2023 because Jan.1, 2024 is a holiday. February Thursday, Feb. 1 : Supplemental Security Income (SSI ...
But those who get Supplemental Security Income (SSI) should get their payment for January 2025 on Dec. 31, 2024. SSI benefits usually come on the first of the month.
Social Security beneficiaries have some changes coming in December ... 2024 at 9:05 AM. ... Since January 1 is a federal holiday, the January 2025 SSI payment will be sent to recipients on ...
The average SSI payment was $697.47 a month as of May 2024. Higher SSI Payment Standards For individuals who receive SSI benefits in addition to Social Security, the SSI Federal Payment Standard ...
The regulation is projected to "result in a reduction of about 6,500 OASDI [Social Security] beneficiary awards per year and 4,000 SSI recipient awards per year on average over the period FY 2019-28, with a corresponding reduction of $4.6 billion in OASDI benefit payments and $0.8 billion in Federal SSI payments over the same period."
But with about 7.5 million people receiving SSI benefits in 2024, ... the SSA distributes SSI benefits but does not pay for them. While Social Security benefits are funded largely by income taxes ...
During the 2024 United States presidential election, then-candidate Donald Trump proposed downsizing the federal civil service and publicly considered a potential role for businessman Elon Musk. [1] After the election, Trump and Musk announced the Department of Government Efficiency , intended to eliminate wasteful spending. [ 2 ]