December SSI Payment: Supplemental Security Income (SSI) is used by millions of Americans to pay bills for necessities like rent, food, and medical care. In December, the recipients will also get their payments before the usual time of the month.
Because the first of December falls on Sunday, the Social Security Administration (SSA) has planned it for Friday, November 29, 2024. It also helps that the funds would be disbursed where they are needed early, making it easier for recipients to have financial stability during the up-and-down holiday season.
What Is SSI And How Does It Actually Come Into Being?
SSI is a Federal program aimed at helping people with disabilities who are blind or aged (65 or over) if their income and resources are also limited.
SSDI, on the other hand, is quite different from SSI in the sense that unlike Social Security retirement or disability benefits, SSI is supported by general tax revenues and, thereforeuyệt.
Who Qualifies For The $943 SSI Payment?
In fact, not all recipients of SSI are able to receive the above-stated maximum amount. To qualify, recipients must meet strict criteria established by the SSA:
Medical Requirements
- Disabilities: They must also have a mental or a physical illness that impairs their ability to do most activities for a period of not less than twelve months, which will lead to the applicant’s death.
- Blindness: Those with the following disabilities may be able to obtain a license: Low vision, legally blind, or even totally blind.
- Age: Selective adults aged 65 and above are accepted, regardless of their disability status.
Financial Criteria
- Income Limits: SSI is disbursed to men and women who are low-income earners with wages, pensions, or any other form of benefit.
- Asset Limits: The applicants can have limited amounts of cash, savings, or any other form of property apart from the dwelling place they occupy.
Citizenship or Residency
These funds have to be provided to US citizens or persons who have a specific length of USA residence.
Essential Persons
A more limited increase affects ‘essential persons,’ or caregivers who help SSI beneficiaries, who may get up to $472 in 2024.