Social Security will release the October Supplemental Security Income (SSI) payment, which will arrive up to 943 US dollarsto millions of beneficiaries in just five days.
This financial support is designed to help people with severe disabilities that affect their ability to generate income.
SSI payments for the month of October will be made on October 1, according to the Social Security Administration.
To be eligible, applicants must meet certain requirements, such as being at least partially blind or having a physical or mental condition that severely limits daily activities for 12 months or more, or is expected to become to death
The amount received varies according to the applicant’s marital status. Individual applicants will receive up to 943 US dollars per month, while couples filing jointly receive up to $1,415.
In addition, essential persons, who provide essential care to SSI recipients, can receive up to $472.
These payments are seen a An increase of 3.2%. compared to the previous year, under the influence of inflation.
It’s important to remember that SSI payments are separate from regular Social Security benefits.
Therefore, receiving Social Security payments does not automatically guarantee access to SSI benefits, and vice versa.
Keep reading:
– Social Security: these are the accounts that will be blocked in a few days
– Social Security: who will be paid up to $943 in seven days
– Social Security will make its third round of payments to retirees tomorrow, Wednesday
2024-09-26 23:46:55
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