Supplemental Security Income payments are typically scheduled for the first of the month. Although this was not the case in September, the SSI payment was due on August 30 and will be due on October 1, 2024.
The amount you pay will be determined by your financial status, age, and other variables. To get SSI, you must be disabled, blind, or at least 65 years old.
Who Will Receive an Average of $574 in SSI on October 1, 2024?
The average SSI check will be for people 65 and older. Even though the maximum amount a person can get is $943, many 65- and older seniors rely on Social Security retirement payments.
This is why they may not receive the entire amount of their SSI direct transfer or check. If you are 65 or older, you will receive $574, which is the lowest amount for your age group.
If you don’t have enough money for food, you could apply for another federal payment. When you are experiencing food insecurity, the Supplemental Nutrition Assistance Program (SNAP) can be quite beneficial, and you can apply for it online.
SSI and Other Averages in October
The average Supplemental Security Income payout to all participants is $695. That is the statistic that the Social Security Administration released in August for July.
Individuals under the age of 18 will get the highest average Supplemental Security Income payout. Children may also qualify for this payment, which averages $805. However, there is one more group that receives more money than the 65 and older beneficiaries.
If you are between the ages of 18 and 64 and receive SSI, you may be eligible for $742. Those with a low income, few or no resources, and who fulfill the other eligibility requirements should apply for Supplemental Security Income right away. Thousands of Americans are missing their monthly payments.