Supplemental Security Income (SSI) recipients in the United States have several positive changes to look forward to in the coming months. Here’s a detailed look at the upcoming updates and how they will affect SSI payments and eligibility.
Schedule
SSI recipients will receive their next payment on August 30, 2024, instead of the usual September 1. This change is due to September 1 falling on a weekend, and payments are not processed on non-business days. Receiving the payment two days early ensures no delays, but it’s crucial to opt for direct deposit over checks by mail to avoid potential delays.
Program
On September 30, 2024, the Social Security Administration (SSA) will implement several updates to the SSI program:
Public Assistance Household
SSA will update the definition of a public assistance household to expand access to SSI. This change aims to include more individuals and families under the SSI umbrella, providing essential support to those in need.
Rental Subsidy Policy
SSA will also expand the Rental Subsidy Policy, which was previously available in only a few states. This expansion will allow more recipients to benefit from rental subsidies, easing their financial burdens.
Removal of Barriers
Another significant change effective September 30 is the removal of food from ISM calculations. ISM refers to In-Kind Support and Maintenance, which includes food and shelter provided by others. Previously, food support from family, friends, or local communities could reduce SSI benefits, as ISM counts as unearned income.
Impact of ISM Changes
Removing food from ISM calculations will:
- Reduce Burden: Lessen the workload on Social Security workers who handle these calculations.
- Increase Benefits: Allow new applicants and current recipients to potentially receive higher SSI benefits since their payments won’t be reduced due to food support.
This change is expected to be highly beneficial, eliminating a disadvantage that many eligible recipients faced, and making the SSI program more accessible.
Updates
August 30, 2024
- Early SSI payment for September due to weekend schedule.
September 30, 2024
- Expanded definition of a public assistance household.
- Broadened access to the Rental Subsidy Policy.
- Removal of food from ISM calculations, potentially increasing benefit amounts for many recipients.
These updates reflect the SSA’s commitment to improving the SSI program, making it more inclusive and fair for all recipients.
FAQs
When will SSI recipients receive their next payment?
On August 30, 2024, instead of the usual September 1, due to the weekend.
What changes are coming to SSI on September 30, 2024?
Expanded access to the program, updated public assistance household definition, and broadened Rental Subsidy Policy.
How will the ISM calculation change affect SSI recipients?
Food will be removed from ISM calculations, potentially increasing benefits for recipients.
Why is direct deposit recommended for SSI payments?
To avoid delays that can occur with checks by mail.
What is the Rental Subsidy Policy expansion?
It will allow more recipients to benefit from rental subsidies previously limited to a few states.