Supplemental Security Income (SSI) is a financial assistance program that helps millions of Americans meet basic needs like food, clothing, and shelter. In 2024, about 7.5 million people are enrolled in SSI. However, in September 2024, there will be a slight change to the regular payment schedule that recipients should know about.
SSI Payment Schedule for September 2024
Normally, SSI payments are made on the 1st of every month. But when the 1st falls on a weekend or a holiday, the payment date is adjusted. In September 2024, the 1st falls on a Sunday, so the payment will be made on the last business day of August, which is Friday, August 30, 2024.
Here’s a breakdown of the payment schedule for September:
| Month | Regular Payment Date | Adjusted Payment Date | Reason for Adjustment |
|---|---|---|---|
| September 2024 | September 1, 2024 | August 30, 2024 | September 1st is a Sunday |
| January 2024 | January 1, 2024 | December 29, 2023 | January 1st was a holiday |
| June 2024 | June 1, 2024 | May 31, 2024 | June 1st was a weekend |
This table shows how the payment date changes when the 1st falls on a non-business day.
What If Your SSI Payment Is Late?
If your SSI payment doesn’t arrive as scheduled, it’s important not to worry right away. The SSA advises waiting three business days before contacting them. Delays can occur due to bank processing times or other minor issues. Here’s what you should do if your payment is delayed:
- Wait three business days – Give the payment time to arrive.
- Contact your bank – Check with your bank to ensure there are no processing issues.
- Reach out to SSA – If there’s still no payment after three days, contact your local Social Security office for help.
Who Receives the $1,415 SSI Payment?
The amount you receive from SSI depends on your income and living situation. For individual beneficiaries, the maximum payment in 2024 is $943 per month. Couples who are both eligible can receive a maximum of $1,415 per month.
| Beneficiary Type | Maximum SSI Payment (2024) |
|---|---|
| Individual | $943 |
| Eligible Couple | $1,415 |
However, these amounts can be reduced based on your other income. The SSA deducts $1 from your SSI payment for every $2 you earn from work. Other forms of income, like disability benefits or pensions, reduce your SSI by $1 for every $1 you receive.
Conclusion
For many, SSI is an essential source of income. In September 2024, beneficiaries will receive their payments earlier than usual due to the 1st falling on a Sunday. Being aware of this schedule change, as well as knowing what to do if your payment is delayed, helps ensure your financial stability.
FAQ’s
Why is the September 2024 SSI payment being made early?
The SSI payment for September 2024 is being made early because September 1st falls on a Sunday. The payment will be issued on the last business day before, which is Friday, August 30, 2024.
What should I do if I don’t receive my SSI payment on time?
If your SSI payment is delayed, wait three business days. After that, check with your bank for any issues. If you still haven’t received it, contact your local Social Security office.
How much is the maximum SSI payment in 2024?
The maximum SSI payment in 2024 is $943 for individuals and $1,415 for couples, depending on income and other factors.