Social Security update: Direct payment worth $914 arrives in 20 days
Misty Severi
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Supplemental Security Income payments for November will be issued to recipients in 20 days, and they will be worth up to $914 for individual filers.
The next monthly check will be distributed on Wednesday, Nov. 1, and it will be the first of such payments since Friday, Sept. 29. October’s payment went out in September because of a kink in the Social Security Administration‘s schedule. September saw two payments, and October saw none because Oct. 1 was on a weekend.
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Filers need to be at least 65 and meet specific financial requirements in order to qualify for the payment. Some people under the age of 65 could qualify if they are at least partially blind or have a physical or mental disability that severely limits their daily activities for at least one year, or is expected to result in death, according to the SSA.
The amount of money that beneficiaries receive is determined by several important factors, including the filer’s income, living situation, and assets. Individual filers, for example, receive a maximum payment of $914 per month. Eligible couples can receive up to $1,371 per month, and essential persons who live with someone receiving SSI and provide them with necessary care get a lower monthly payment of up to $458. Not every recipient will receive the maximum payment.
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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 Supplemental payments are separate from the regular Social Security retirement checks and can be received in addition to the retirement income.