Supplemental Security Income (SSI) payments vary depending on a recipient’s age, income, and living arrangements.
On November 29, 2024, SSI recipients will see payments based on their individual circumstances, with typical payments averaging $803 for recipients under 18, $745 for those aged 18-64, and $576 for seniors aged 65 and older.
Here’s a breakdown of these amounts and factors that affect the final payment received.
SSI Payments by Age Group
SSI payments are designed to support low-income individuals, including disabled adults, disabled children, and seniors. However, payment amounts fluctuate across age groups:
- Recipients Under 18: Average payment is $803.97. Younger recipients often receive higher payments, as they typically have fewer other income sources.
- Recipients Aged 18-64: Average payment is $745. Adults in this age range receive slightly lower payments as many might also receive income from part-time employment or Social Security Disability Insurance (SSDI).
- Recipients 65 and Older: Average payment is $576. Seniors often receive lower SSI benefits since many also receive Social Security retirement benefits, which affects their SSI amount due to income limitations.
The Social Security Administration (SSA) adjusts SSI payments based on income, as well as other forms of support the recipient may receive.
Factors That Impact SSI Payment Amounts
SSI payments are tailored to individual needs, and several factors may reduce the benefit amount:
- Other Income Sources: SSI is a need-based program, so any additional income—including Social Security retirement benefits or disability payments—can reduce the SSI payment.
- Living Arrangements: Living with others or receiving food and housing assistance can reduce SSI payments, as it indicates a lower need for financial support.
- Marital Status: Married couples who both qualify for SSI receive a combined maximum benefit, which, as of November 2024, is $1,415. Starting in 2025, this maximum will increase to $1,450 due to the Cost-of-Living Adjustment (COLA).
Maximum SSI Benefit Amounts in 2024 and 2025
The maximum benefit for a single SSI recipient is $943 in 2024, though many recipients receive less due to other income or support. In 2025, these amounts will rise to reflect the annual COLA:
| Category | 2024 Maximum Monthly Benefit | 2025 Maximum Monthly Benefit |
|---|---|---|
| Single Adult | $943 | $967 |
| Married Couple | $1,415 | $1,450 |
| Essential Person | $472 | $484 |
These increases will take effect in January 2025, so November payments will not include the COLA adjustment.
Payments for Essential Persons
Essential persons, or those who live with SSI recipients and provide necessary care, may also qualify for assistance. The maximum amount for essential persons in 2024 is $472, and this will increase to $484 in 2025.
However, the SSA does not provide an average payment amount for essential persons.
Receiving SSI Payments on November 29
All SSI recipients, regardless of age or benefit amount, will receive their November payment on November 29, 2024. This will be the final payment before the new COLA adjustments apply in 2025.
Recipients can expect to see their funds deposited directly into their bank accounts or via their chosen payment method.
The SSA determines each SSI payment based on the recipient’s unique financial situation and adjusts for any additional income sources or household arrangements.
In conclusion, the November 29 payment will reflect each recipient’s specific eligibility factors. For those who rely solely on SSI, this support can be essential in covering basic expenses.
As the 2025 COLA goes into effect, eligible individuals will see further increases that help keep up with the rising costs of living.
