Disability Payments Of $1,537 or $697 in Late August 2024: What SSDI and SSI Recipients Need to Know

If you’re a recipient of Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), you might be expecting some important payments in late August 2024.

Here’s a detailed overview of the payment dates, eligibility requirements, and the amounts you can expect to receive.

Disability Payments Of $1,537 or $697

SSDI Payment Dates

SSDI payments are scheduled based on your birth date:

• August 21, 2024: For those born from the 11th to the 20th of any month.
• August 28, 2024: For those who do not receive SSI payments, did not collect SSDI before May 1997, and have birthdays from the 21st to the 31st of any month.

SSI Payment Dates

SSI recipients have a different payment schedule:

• August 30, 2024: This is the direct deposit date for September’s SSI payment. Note that this payment is for September, although it will be received in late August.

Eligibility Requirements

SSDI Eligibility

To receive your SSDI payment on August 28, 2024, you must meet the following criteria:

• You do not receive SSI payments.
• You did not collect Social Security Disability Insurance before May 1997.
• Your birthday falls between the 21st and the 31st of any month.
• You have filed and been approved for SSA payments.

SSI Eligibility

For SSI recipients to receive the payment on August 30, 2024, it is crucial to:

• Report any changes affecting eligibility to the Social Security Administration (SSA) before the end of August.
• Ensure you remain eligible for the September payment.

Failing to report changes can result in underpayments or overpayments.

Understanding Payment Amounts

SSDI Payment Amounts

The amount you receive from SSDI can vary widely based on your earnings history. Here are some key points:

• The average SSDI payment is $1,537.
• High earners with a long work history may receive up to $3,822, provided they have earned the taxable maximum for 35 years in SSA-covered jobs and filed as required.

SSI Payment Amounts

SSI payments are generally lower but provide crucial support:

• The average SSI payment is $697.
• Individuals on SSI can receive up to $943.
• An eligible married couple on SSI can receive up to $1,415.
• Essential persons (those who provide necessary care for SSI recipients) can receive up to $472.

Reporting Changes and Ensuring Eligibility

Importance of Reporting Changes

SSI recipients must report any changes in their circumstances that might affect their eligibility for payments. These changes can include:

• Changes in living arrangements.
• Changes in income or resources.
• Changes in marital status.

Failure to report these changes promptly can lead to incorrect payment amounts, which may result in overpayments that you would need to repay, or underpayments, which could impact your financial stability.

For SSDI and SSI recipients, understanding the payment schedules, eligibility requirements, and potential payment amounts is crucial for financial planning.

With important payments scheduled for late August 2024, ensuring that all information is up to date with the SSA will help avoid any disruptions in receiving your benefits.

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