How Much Will SSI Checks Be In 2024?

Supplemental Security Income, or SSI, is available through the Social Security Administration. SSI benefits include monthly payments to help eligible adults and children pay for food, housing, and other essentials.

SSI pays monthly federal benefits of $943 to eligible individuals and $1,415 to eligible couples in 2024. Still, the amount you receive can be more or less depending on several factors explained in detail in this blog post. Disability Experts of Florida understand the essential role SSI benefits play in the lives of adults and children who are blind or disabled, as well as older adults without disabilities who are at least 65 years old.

This blog explains how the SSI program works, including the factors that determine the amount of your monthly disability benefits.

What Is The SSI Program?

SSI is a federal program designed to provide money to pay for essentials, including food, shelter, and clothing. It is a need-based disability benefits program for adults and children with limited income and resources who are blind or disabled. SSI also pays benefits to individuals who are at least age 65 and meet the financial requirements of limited income and resources.

There are other eligibility rules to meet to qualify for SSI benefits, including:

• You must be a U.S. citizen or national.
• You must reside in one of the 50 states, the District of Columbia, or the Northern Mariana Islands.
• You cannot leave the U.S. for 30 consecutive days or more.
• People living in government-paid facilities, including hospitals and prisons, cannot qualify for SSI disability benefits.

The best way to determine if you meet the eligibility requirements for SSI disability benefits in 2024 is by arranging a consultation with a disability advocate at Disability Experts of Florida.

SSI Benefits In 2024

If you are disabled, blind, or aged and in need of money to pay for essentials, such as food and shelter, you probably want to know how much will SSI checks be in 2024. The simple answer is that individuals can receive a maximum federal monthly benefit of $943, and eligible couples can receive $1,415. What you receive may be more or less than the federal maximum benefits.

Some states give their residents who qualify for SSI a supplemental payment. If you live in the Northern Mariana Islands or any of the following states, you will not receive a supplemental payment:

• Arizona
• Arkansas
• Mississippi
• North Dakota
• Tennessee
• West Virginia

Some states, including Florida, administer their supplemental payments, but others leave it to the Social Security Administration. If you live in a state like Florida that administers its supplemental payments, talk to a disability professional at Disability Experts of Florida to learn how to apply for the payment.

Income And Your SSI Benefits

Income received from other sources may affect how much will SSI checks be that you receive in 2024. Federal regulations use two classifications for income: Earned and unearned.

Earned income is money you receive in exchange for work at a job or through self-employment. Unearned income includes money from non-work sources, including disability benefits and unemployment payments.

Generally, earned and unearned income reduces your monthly SSI benefits, but not all monthly income counts. For example, you may exclude the first $65 and one-half of the remaining earned income you receive each month. You also can exclude the first $20 of unearned income, but the exclusion may be applied to your earned income if you do not have unearned income.

According to the Social Security Administration, $2 of earned income typically reduces your SSI disability benefits for the month by $1. Money received as unearned income reduces your benefits by $1 for each $1 that you receive.

Additional Factors Affecting SSI Checks In 2024

If you live with others instead of owning or renting your own place to live, it can affect what will your SSI checks be in 2024. Living in the household of a friend, relative, or anyone else who does collect your fair share of the housing or food cost could cause SSI to lower your monthly disability benefits by as much as $334.33.

Children living with their parents or adults living with a spouse may have their SSI benefits reduced by a portion of the income earned by the parent or spouse. Deemed income is a portion of the income of a spouse or parent that may be used to reduce the monthly benefits paid to a child or spouse. The person eligible for SSI must live with the parent or spouse for deemed income rules to apply.

Learn More About 2024 SSI Checks From Disability Experts Of Florida

When you depend on SSI benefits to pay for food and shelter, you want to know you’re getting the total amount of benefits that you’re entitled to receive. Help is available from a disability advocate by contacting Disability Experts of Florida for a free consultation and claim review.