The Guaranteed Income Supplement (GIS) is a vital financial aid program provided by the Government of Canada to support low-income seniors.
This program, which complements the Old Age Security (OAS) pension, offers non-taxable monthly payments to help seniors cover essential living expenses. The GIS is crucial in reducing poverty among elderly Canadians, ensuring they maintain a reasonable standard of living during retirement.
In August 2024, a significant GIS payment of $2,189 is scheduled, providing substantial financial support to eligible seniors. Below, we explore the eligibility criteria, application process, and payment dates for this GIS benefit.
$2189 GIS Benefit Payment Date August 2024
The $2,189 GIS payment scheduled for August 2024 is part of the regular monthly disbursements made to seniors who qualify for the supplement.
This payment is essential for helping seniors manage the rising cost of living, particularly as inflation continues to impact daily expenses.
The GIS payment for August 2024 will be issued on August 28th, 2024. Seniors should ensure their direct deposit information is up-to-date with Service Canada to receive the payment on time.
Canada GIS Eligibility 2024
To be eligible for the GIS payment, seniors must meet several criteria:
- Age Requirement: Applicants must be 65 years or older.
- Residency: Applicants must be Canadian residents. Immigrants must have lived in Canada for at least 10 years after turning 18 to qualify.
- Income Thresholds: The GIS eligibility is based on the applicant’s income. The specific income thresholds for 2024 are as follows:
- Single, Widowed, or Divorced: Income must be less than $21,624.
- Couples with One Partner Receiving OAS: Combined income must be less than $28,560.
- Couples with Both Partners Receiving OAS: Combined income must be less than $39,984.
- Couples with Neither Partner Receiving OAS: Combined income must be less than $51,840.
These criteria ensure that the GIS is targeted at those most in need of financial assistance, particularly seniors with limited income.
How to Apply for the $2189 GIS Benefit in 2024
While many seniors are automatically enrolled in the GIS when they apply for OAS, some may need to apply manually if sufficient information is unavailable for automatic enrollment. Here’s how to apply:
- Online Application: Seniors can apply electronically through the My Service Canada Account portal. This is the quickest and most efficient way to apply.
- Paper Application: Alternatively, a paper application can be submitted. This requires personal information, including your Social Insurance Number (SIN).
- Direct Contact: Seniors can also contact Service Canada directly for assistance with the application process.
GIS Payment Dates for 2024
The GIS payments are made monthly, with the following dates scheduled for 2024:
Month | Payment Date |
---|---|
January | 29th |
February | 27th |
March | 27th |
April | 29th |
May | 29th |
June | 27th |
July | 29th |
August | 28th |
September | 25th |
October | 29th |
November | 27th |
December | 20th |
The significant payment of $2,189 in August 2024 falls within this schedule, making it an important date for eligible seniors to note.
Fact-Checking the GIS $2189 Payment
This overview provides current and accurate information based on official sources, including the Government of Canada’s guidelines for the GIS program.
However, it’s important to remember that the specifics regarding the GIS payments can change, so it’s advisable to consult with professionals or visit the Canada Revenue Agency (CRA) website for the latest updates.
For any changes or updates, seniors should stay informed by regularly checking official communications from Service Canada or the CRA.
Keeping your information current and seeking guidance from financial advisors will ensure you receive the correct benefits on time.
FAQs
What is the GIS $2189 payment for August 2024?
It is a scheduled payment under the Guaranteed Income Supplement (GIS) program for eligible low-income seniors.
Who qualifies for the GIS payment?
Seniors aged 65 or older with income below specific thresholds are eligible.
When will the GIS $2189 payment be issued?
The payment will be issued on August 28th, 2024.
How do I apply for the GIS benefit?
You can apply online through My Service Canada Account, by submitting a paper application, or by contacting Service Canada directly.
Are GIS payments taxable?
No, the GIS payments are non-taxable.