July Supplemental Security Income – Find out the new maximum amount and remittance date

In July 2024 we will have a Supplemental Security Income payment with this year's COLA added to the final amount

Supplemental Security Income is a benefit that arrives once a month

Supplemental Security Income is a benefit that arrives once a month

While it is true that United States citizens can request a Social Security check each month, Supplemental Security Income is also a payment we should be aware of. This extra benefit comes to eligible households in the United States at the beginning of each new month, barring exceptions.

And in just over a week, the Social Security Administration will send the new Supplemental Security Income check to thousands of American households. In this benefit we will get a new maximum amount that will be higher than the July 2024 maximum amount. This is important to know because many Americans do not get this benefit every month.

When does the new Supplemental Security Income arrive?

The next of the Supplemental Security Income payments will arrive in just a few days for eligible United States citizens. This new payment will be on the 1st of the month and thanks to this benefit we will be able to have $943 in our checking account. Well, that is the maximum amount, so our check does not have to reach that figure.

Each of the Supplemental Security Income payments that Social Security sends out has a different amount. This means that the payment is individual, so it is not possible to see two checks the same among United States citizens.

Supplemental Security Income Eligibility Criteria

In order to be eligible for a July 1st Supplemental Security Income payment, you must meet the eligibility requirements. These requirements imply two conditions related to the economic and personal information of the beneficiary citizen.

On the one hand, it is essential to have a low monthly income, as well as low resources. On the other hand, it is essential to be 65 years of age or have a Disability. If we do not meet both requirements we will not be able to apply for this monthly check.

If we have a check accepted in advance, the payment will arrive on the 1st of July. If our payment is in the process of being accepted, we will have to wait until the Social Security Administration accepts it completely.

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