The U.S. government funds Federal SSI (Supplemental Security Income) payments, and also provides financial support for retirees and those receiving disability insurance through the Social Security Administration (SSA). Regardless of whether you receive SSI, SSDI (Social Security Disability Insurance), or retirement benefits, you may qualify for additional monthly payments.
If you are receiving SSI, you will have two paydays in November: one for November and the second for December. The December SSI payment, for example, will be issued on November 29, 2024.
For those on SSDI or retirement benefits, the SSA will issue new payments on November 20, 2024. However, if you did not receive an SSDI or retirement check or direct deposit in November, you might qualify for the payment. To qualify, you must:
- Not be receiving SSI payments.
- Not have started collecting benefits before May 1997.
- Meet the birthday requirement (born between the 20th and the end of the month).
- Have filed and received approval from the SSA.
- Comply with SSA rules.
If you meet these conditions, your payment will be sent on November 27, 2024, as long as your birthday falls between the 21st and the 31st of the month.
Payment Amounts in November
In terms of payment amounts, SSI recipients will receive the smallest checks in November, averaging about $697. For those who qualify for the maximum SSI payment, individuals can receive up to $943, while married couples can get up to $1,415.
SSDI recipients will see an average payment of $1,542, with the highest check reaching $3,822. For Social Security retirees, the average monthly payment is $1,924, with the largest benefit reaching $4,873 for high earners who filed at age 70. Those who filed at age 62 may receive up to $2,710.
Receiving Both SSI and SSDI Benefits
It is possible to receive both SSDI and SSI benefits at the same time, in what’s known as concurrent benefits. SSI is designed to supplement your income if it falls below a certain threshold. If you receive SSDI, your SSI benefit will be reduced by the amount of your SSDI payment minus $20.
In some cases, if your SSDI payment is low, SSI may provide additional financial support up to the maximum SSI amount. Additionally, you may be eligible for SSI while waiting for your SSDI benefits to begin, which can take up to five months.
FAQ: Social Security Payments and Benefits
- What is SSI and who qualifies for it?
- Answer: SSI (Supplemental Security Income) is a federal program designed to provide financial assistance to individuals with low income and limited resources. To qualify, you must be 65 or older, blind, or disabled, and meet the program’s income and resource limits.
- How often are SSI payments issued?
- Answer: SSI payments are typically issued monthly. However, if the payment date falls on a weekend or holiday, it may be issued on the prior business day. For example, the December 2024 SSI payment will be issued on November 29, 2024.
- Can I receive both SSDI and SSI benefits at the same time?
- Answer: Yes, you can receive both SSDI (Social Security Disability Insurance) and SSI benefits simultaneously if you qualify for both. This is called receiving “concurrent” benefits. SSI can provide additional income if your SSDI payments are low.
- What is the amount of the SSI payment in November 2024?
- Answer: The average SSI payment is about $697 in November 2024. Those who qualify for the maximum SSI payment can receive up to $943 for individuals and $1,415 for eligible married couples.
- When will the SSA issue SSDI or retirement payments in November?
- Answer: The SSA will issue SSDI and retirement payments on November 20, 2024, for eligible recipients. If you didn’t receive an SSDI or retirement check in November, you may still qualify for a payment.
- How do I qualify for the November 20, 2024, SSDI/retirement payment?
- Answer: To qualify, you must not be receiving SSI benefits, have not started collecting payments before May 1997, meet the birthday requirement (born between the 20th and the end of the month), and have filed and received SSA approval. Payments for those born from the 21st to the 31st of the month will be issued on November 27, 2024.
- What are the average Social Security payments for SSDI and retirement?
- Answer:
- SSDI: The average SSDI payment is around $1,542, with the largest payments up to $3,822.
- Retirement: The average Social Security retirement benefit is $1,924, with the highest payment reaching $4,873 for individuals who file at age 70. Those who file at 62 may receive up to $2,710.
- Answer:
- How does receiving SSDI affect my SSI benefits?
- Answer: If you receive SSDI, your SSI payment will be reduced by the amount of your SSDI benefit, minus a $20 disregard. If your SSDI payment is low, SSI may provide additional support up to the maximum SSI limit.
- Can I get SSI while waiting for SSDI benefits to begin?
- Answer: Yes, you may be eligible to receive SSI benefits while waiting for SSDI to start, which can take up to five months due to the SSDI application processing delay.
- What is the largest SSDI or retirement benefit payment I can receive?
- Answer: The largest SSDI payment can be up to $3,822, and the highest retirement benefit payment can be up to $4,873 for individuals who file at age 70.