Misty Severi is a breaking news reporter for the Washington Examiner. She has a particular interest in the United States military, European and international politics, and U.S. and European history.
Millions of Supplemental Security Income beneficiaries will receive the first of two December SSI payments from the Social Security Administration, worth up to $914 for individual filers, in a little less than four weeks.
The first round of payments will go out on Friday, Dec. 1, and the second on Friday, Dec. 29, because of a kink in the administration's calendar. The second payment will take the place of January's because Jan. 1 is always a holiday. Dec. 30-31 are on a weekend.To qualify for the payments, recipients need to be at least 65 and meet certain financial requirements.
The payment amount for beneficiaries varies depending on their status. For individuals, the rate for payments is $914 per month. The rate for eligible couples for monthly payments is a total of $1,371. Essential persons, who live with someone receiving SSI and provide them with necessary care, receive a monthly payment rate of $458.
Not every recipient will receive the maximum payment. Filers can see a personalized estimate through the SSA's calculator.Children could also be eligible for SSI payments if they are at least partially blind or have a physical or mental condition that seriously limits their activities for at least a year. Children could also receive SSI if their parents do not receive SSI benefits or if they have limited income and savings.
The monthly benefit amount is expected to rise by 3.2% next year, according to the administration. It will also rise by the same percentage for regular retirement payments, which are separate from SSI payments. Regular retirement payments can be received in addition to the supplemental aid for seniors who qualify for both and are sent out on a different schedule.
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