Millions of Americans receiving Supplemental Security Income (SSI) are about to get some helpful financial relief. A new round of direct payments, worth up to $967, is scheduled to go out on May 1st. That means the money will hit bank accounts in just 17 days.
If you’re dependent on SSI, here’s everything you need to know about the upcoming payment—who gets it, how much it is, and how to check if you qualify. We’ll break it all down in simple language so that anyone can understand.
What Is SSI and Why Do People Get It?
Supplemental Security Income (SSI) is a federal program run by the Social Security Administration (SSA). It’s mainly designed to support people with serious physical or mental disabilities and limited income or resources.
People who qualify for SSI use this money for basic needs like food, shelter, and clothing. Some may also use it to help pay for medical care or transportation to doctor appointments.
SSI is not the same as Social Security retirement benefits. Even though both programs are handled by the same government office (SSA), they have different rules. Just because you get Social Security doesn’t mean you automatically get SSI — and vice versa.
How Much Money Will You Get in May?
The payment amount depends on your situation. The SSA has set maximum SSI amounts for 2024 based on inflation and other cost-of-living changes.
Here’s a quick breakdown of the monthly maximum payments:
- Individual filers: Up to $967 per month
- Couples filing together: Up to $1,450 per month
- Essential persons (those who care for someone getting SSI): Up to $484 per month
It’s important to remember that not everyone gets the full amount. How much you actually receive depends on your income, living arrangements, marital status, and a few other personal factors.
Good news: the 2024 payments are 2.5% higher than last year, thanks to an inflation adjustment. That small increase can make a difference, especially for people trying to stretch every dollar.
When Will You Get Paid?
If you’re wondering when the money will arrive, mark your calendar: the next SSI direct deposit is scheduled for May 1, exactly 17 days from now.
Payments typically arrive on the first of each month, unless that date falls on a weekend or a federal holiday. In that case, the money may arrive a day earlier.
Here are a few other upcoming SSI payment dates in 2024 to keep an eye on:
- May 1
- June 1
- July 1
- August 1
- September 1 (Sunday, so expect it early)
- October 1
- November 1
- December 1 (Sunday, so you may arrive early)
Make sure your bank account is up to date with the SSA. That way, you’ll receive the money without delay.
Who Is Eligible to Receive SSI Payments?
Not everyone can get SSI. The program is designed to help a specific group of people.
To qualify, you must meet certain requirements. According to the SSA, you may be eligible if you:
- Are 65 years or older, or
- Are partially or fully blind, or
- Have a physical or mental condition that seriously limits your ability to work or perform daily activities for at least 12 months, or that could lead to death
And that’s not all. You must also:
- Have limited income and few financial resources
- Be a U.S. citizen or a qualifying non-citizen
- Live in one of the 50 states, D.C., or the Northern Mariana Islands
It’s also worth noting that children with serious disabilities can receive SSI if their family meets the income limits.
How Can You Find Out How Much You’ll Get?
If you’re not sure how much you’ll receive, the Social Security Administration has an online tool to help.
The SSI Payment Calculator is available on the SSA’s official website. It allows you to estimate your monthly benefit amount based on your income and personal situation.
Here’s how it works:
- Go to the SSA.gov website
- Look for the SSI benefit calculator
- Enter your income details, marital status, and other required info
- Get an estimated monthly payment amount
This tool can give you a clear idea of what to expect each month — and help you plan your budget more effectively.
SSI and Social Security: What’s the Difference?
One of the most common questions people ask is: “If I’m getting Social Security, can I also get SSI?”
The answer is — not automatically.
SSI and Social Security are two separate programs, even though both are managed by the SSA. You can qualify for both, but you have to apply for each one separately and meet the individual requirements for both.
For example:
- Social Security benefits are usually for people who have worked and paid into the system through payroll taxes.
- SSI is for people who may not have worked enough (or at all) but still need financial support because of age or disability.
Need Help Applying?
If you think you or a loved one might qualify for SSI, you can apply in a few ways:
- Online at ssa.gov/ssi
- By phone at 1-800-772-1213 (TTY 1-800-325-0778)
- In person at your local Social Security office
Applying can take some time, so it’s a good idea to gather all your documents ahead of time. You’ll likely need:
- Proof of identity (like a Social Security card or driver’s license)
- Medical records or documentation of your condition
- Proof of income or bank statements
- Living arrangement details
The SSA will review your application and let you know if you’re approved. If you’re denied, you can appeal the decision.
Bottom Line
The upcoming May SSI payment — worth up to $967 for individuals — is just around the corner, set to be delivered on May 1. This extra financial help can make a big difference for those dealing with serious health challenges and limited income.
If you’re unsure about your eligibility or payment amount, visit the Social Security Administration website, use their payment calculator, or contact your local SSA office.
Disclaimer: This article has been meticulously fact-checked by our team to ensure accuracy and uphold transparency. We strive to deliver trustworthy and dependable content to our readers.
