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The monthly maximum federal SSI amounts in 2024 are $943 for individuals, $1,415 for couples and $472 for essential persons, or those who live with an SSI beneficiary and provide care.
But those who get Supplemental Security Income (SSI) should get their payment for January 2025 on Dec. 31, 2024. SSI benefits usually come on the first of the month.
Social Security recipients will get their final payment of 2023 next week, marking the end of this year's 8.7% cost-of-living adjustment (COLA). The 2023 COLA was the highest in more than four ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.
You might be eligible to receive SSI monthly payments even if you already receive Social Security Disability Insurance or retirement benefits. About 7.6 million people receive SSI benefits.
The Social Security 2024 COLA increase was a disappointment for many retirees. As of now, the Social Security COLA projection for 2025 is a drop compared to the 2024 COLA, which could feel like a ...
Supplemental Security Income (SSI) recipients will receive two payments in December. SSI benefits are usually paid on the first of the month unless the date falls on a weekend, in which case ...
According to the Social Security Administration, or SSA, the monthly retirement benefit for Social Security recipients is currently $1,783.55 in 2024 on average. Several factors can drag that ...