Joe Biden
Posted inEconomy

Social Security to Reveal New SSI Payment Details in August – Know the Date Of Payment

The Social Security Administration (SSA) recently announced that Supplemental Security Income (SSI) recipients will receive two payments in August. This is due to the unique scheduling of payment dates when the first of the month falls on a weekend or federal holiday. Here’s what you need to know about these payments, the SSI program, and ... Read more
Not SSDI or SSI - Check the Largest Social Security Benefit Payment in 2024
Posted inEconomy

Not SSDI or SSI – Check the Largest Social Security Benefit Payment in 2024

When it comes to Social Security benefits, there are various types designed to assist different segments of the population, including workers with disabilities and those with low incomes. However, the largest benefit available in the United States is not linked to disability or Supplemental Security Income (SSI). Instead, it is the benefit reserved for retirees ... Read more
Social Security Commissioner - Major Changes to SSDI Disability Eligibility Announced
Posted inEconomy

Social Security Commissioner – Major Changes to SSDI Disability Eligibility Announced

The Social Security Administration (SSA) has recently introduced a significant change in how it evaluates applications for Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) benefits. As of June 22, applicants are no longer required to provide an extensive work history covering the past 15 years. Instead, they now only need to list ... Read more
Joe Biden
Posted inEconomy

Which Americans Will Not Be Eligible for SSI Payments?

The SSA data shows a drop of 119,395 SSI recipients from May 2023 to May 2024, with the number of beneficiaries decreasing from 7,380,737 to 7,261,342. This decline can be attributed to several factors: 1. Income Changes SSI recipients must meet strict income limits to remain eligible. Any increase in income, whether from wages, pensions, ... Read more
Joe Biden
Posted inEconomy

SSDI Payments Could Reach Up to $3,822 in August – Here Are the Eligibility Requirements

Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are crucial financial supports for millions of Americans who cannot work due to disabilities. While the average SSDI payment is around $1,537, the maximum benefit can reach up to $3,822. To achieve the highest possible SSDI payment, beneficiaries must meet specific criteria. Key Factors Simply ... Read more
Joe Biden
Posted inEconomy

New Social Security Disability Benefits Announced – August SSI Check Mailing Date Confirmed

The Social Security Administration (SSA) recently announced new disability benefits for Supplemental Security Income (SSI) recipients, starting in August 2024. Typically, the SSA delivers monthly benefits on the first day of every month unless it falls on a weekend or federal holiday. This August, millions of SSI recipients will receive their regular payments between $698 ... Read more
Joe Biden
Posted inEconomy

Social Security benefits will change in late 2024 – 3 updates impacting retirees’ paychecks

The Social Security Administration (SSA) has recently implemented systemic changes to make essential Social Security benefits more accessible to certain households across the country. An estimated 7.5 million Americans who demonstrate financial need currently receive assistance through Supplemental Security Income (SSI). These benefits are a lifeline for elderly, blind, disabled individuals, or those with children, ... Read more
Joe Biden
Posted inEconomy

Changes Coming to Social Security Benefits in the Second Half of 2024 – 3 Key Updates

Social Security benefits have long been a critical lifeline for millions of Americans, especially those in financial need. Recently, the Social Security Administration (SSA) announced systemic changes aimed at broadening access to these essential benefits. This move is a significant step toward easing the financial burden for many individuals and families. Barriers Supplemental Security Income ... Read more
Joe Biden
Posted inEconomy

Goodbye to SSI Benefits – List of Retirees No Longer Receiving Social Security Payments

The Social Security Administration (SSA) recently announced that millions of Supplemental Security Income (SSI) recipients will no longer receive their benefits. This change has affected over 100,000 people across the nation, with the total number of beneficiaries dropping from 7,380,737 in May 2023 to 7,261,342 in May 2024—a decrease of 119,395 recipients. If you currently ... Read more