The Social Security Administration (SSA) has announced important changes starting in September 2024. These changes will affect programs like Supplemental Security Income (SSI) and Social Security payment schedules. Some updates might bring higher payments for certain people, while others adjust how benefits are calculated. Below, we break down the changes to help you understand what’s happening.
Bigger SSI Payments for Some People
One of the most important changes is how the SSA defines a “household” for SSI benefits. If you live with someone who gets SNAP (food stamps), you might now be considered part of the same household. This means more people could be eligible for SSI, and the amount they receive could go up.
The SSA will also stop counting support like food from others in the household as income. This change ensures that if a household member helps with food or other essentials, it won’t reduce your SSI benefits.
New Payment Schedule for September 2024
In September 2024, the SSA will keep its regular payment schedule, but there are a few changes to note. Most people will receive their payments on the second, third, or fourth Wednesday of the month, depending on their age. If you retired before 1997, your payment will arrive on September 3. Because September 1 is a Sunday, SSI payments will come earlier, on August 30.
Social Security Payment Dates for September 2024
| Recipient Category | Payment Date |
|---|---|
| SSI Recipients (usually paid on 1st) | August 30, 2024 |
| Retired before 1997 | September 3, 2024 |
| Born 1st–10th of any month | September 11, 2024 |
| Born 11th–20th of any month | September 18, 2024 |
| Born after 20th of any month | September 25, 2024 |
Cost-of-Living Adjustment (COLA) for 2024
The cost-of-living adjustment (COLA) for 2024 will increase benefits by 3%. This is meant to help Social Security keep up with inflation. The average payment for retired workers will be about $1,919 per month, and disabled workers will receive around $1,538.85 per month.
When Will These Changes Take Effect?
The official date for these changes is September 30, 2024, but some payment increases could start earlier in October. The SSA will provide more details as the date approaches.
To qualify for SSI, you still need to meet certain conditions. You must be a U.S. citizen or meet specific residency rules. You also need to be blind, disabled, or at least 65 years old with limited income.
What These Changes Mean for You
The changes to Social Security and SSI are designed to help more people get the support they need. By making it easier to qualify for benefits and increasing payment amounts, the SSA aims to protect vulnerable groups. These updates could make a big difference for those who rely on these payments.
FAQ’s
What are the new changes in Social Security for September 2024?
The Social Security Administration is updating how households are defined for SSI benefits, which could increase payments for many. They are also adjusting the payment schedule and implementing a 3% cost-of-living adjustment (COLA).
When will I receive my Social Security payment in September 2024?
Payment dates depend on your situation. If you receive SSI, your payment will arrive on August 30. Retirees from before 1997 will get theirs on September 3, while others will be paid on September 11, 18, or 25.
How much will my Social Security benefits increase in September 2024?
Thanks to the COLA adjustment, benefits will increase by 3%. The average retired worker will receive about $1,919 per month, while disabled workers can expect around $1,538.85.