The Social Security Administration is going to release the Supplemental Security Income payments that financially support citizens who are suffering from disabilities. Millions of beneficiaries who have established themselves as eligible to receive the payment will get it within the coming 15 days. If you are someone who’s also expecting an SSI payment soon, this article is for you. It brings you everything you need to know about the social security payment worth $967 that will be released soon. The following article also brings you details about the maximum benefits you will receive and the eligibility requirements to receive the payment.
Social Security Payments Worth $967 Coming On 1st May
According to the already-announced schedule that the Social Security Administration follows every month, the beneficiaries will receive their next SSI payments on May 1. The administration releases the Supplemental Security Income on the first of every month. However, the schedule often needs readjustments when the first of any month falls on a national holiday. In such a case, the Administration issues the SSI payments earlier in the month preceding the one in which it was originally going to be issued.
Two Social Security Payments In The Month Of May
As explained above, whenever the first of the month falls on a national holiday, the checks are issued on the month preceding that. The first of June this year is going to fall on a Sunday, which is obviously a national holiday. Therefore, the beneficiaries who are eligible to receive the Supplemental Security Income will receive the payment twice in May. The first payment is scheduled to come out on the 1st of May 2025, and the second payment is scheduled to come out on the 30th of May 2025.
What Is The Eligibility Criteria For SSI Payments?
According to what the Social Security Administration has specified, people who wish to receive the benefits of SSI will have to fulfill certain eligibility requirements. The Supplemental Security Income is issued to those people who are suffering from some kind of disability. Therefore, in order to be eligible for the SSI payments, the applicant must have a physical or mental condition(s) that has seriously limited their daily activities for 12 months. The condition(s) may also ultimately be expected to result in death. Apart from that, the application files may also be partially blind.
What Is The Maximum Social Security Benefits You Can Expect To Receive On May 1?
The maximum social security benefit you can expect to receive on the 1st of May 2025 is $967. The Social Security Administration has fixed this amount for individual beneficiaries. Those beneficiaries who are married and have applied for the scheme with their spouse can expect a maximum benefit of $1,450 on May 1. This amount exceeds the one fixed for individuals by $483. Furthermore, if you are eligible to fall under the category of “essential person,” you can also expect benefits worth $484 on May 1. People who are directly involved in the care of someone who is suffering from disabilities and is registered as an SSI beneficiary. Inflation has resulted in a 2.5% increase in all these benefits.
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