In just over three weeks, millions of recipients of the Supplemental Security Income (SSI) program will receive a payment that could amount to up to $943 dollars for those who file taxes individually.
This payment, which will be made on Friday, March 1, is the second check of 2024.
SSI beneficiaries have two options when requesting payments: whether to file taxes individually or jointly with their partner.
You can also get benefits as an essential person. The category of ‘essential person’ refers to those who live with and care for SSI beneficiaries, giving them the necessary care.
The maximum amount that can be received varies by application category: Individual filers can get up to $943 per month.
Those who file taxes jointly with their partner get up to $1,415 dollarswhile essential people up to $472 dollars.
These amounts represent an increase of 3.2% compared to 2023, an adjustment made to compensate for inflation.
It is important to mention that not all beneficiaries will receive the maximum amount, but they can obtain a personalized calculation through the SSA calculator.
To be eligible for SSI, you must have a low income and be totally or partially blind, or have a physical or mental condition that seriously limits daily activities for a period of 12 months or more, or that is expected to result in death.
SSI is awarded in addition to regular Social Security benefits, providing monthly payments to adults and children with visual impairment or other disabilities and with limited income.
Created in 1974, the SSI program seeks to provide additional assistance to people in vulnerable situations, including the elderly, blind people, and people with severe disabilities.
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