In this article, we’ll explore the truth behind the claim of $134 per day approved for SSA, SSI, SSDI, and low-income individuals in August 2024, including key dates and eligibility details. The U.S. Federal Government provides a range of benefits to support low-income, disabled, and retired Americans, helping them manage their cost of living.
In February 2024, the Social Security Administration (SSA) reportedly approved a $134 per day payment for beneficiaries of SSI, SSDI, and low-income programs, aimed at countering rising inflation. Read on for more details.
$134 Per Day Approved for SSA, SSI, SSDI, and Low-Income Individuals in June 2024
The Social Security Administration (SSA) offers Social Security benefits to support low-income, disabled, and retired Americans. These federal programs provide financial assistance to individuals struggling to cover living expenses due to age or disability. In response to rising inflation and increasing living costs, the SSA approved a $134 per day payment in June 2024 for beneficiaries of SSA, SSI, SSDI, and low-income programs.
The SSA is an independent federal agency responsible for administering various benefits, including disability, retirement, and survivor benefits, as well as enrolling eligible individuals in Medicare. The agency also issues Social Security Numbers (SSNs), which serve as unique identifiers for government services.
Supplemental Security Income (SSI): This federal financial aid program provides monthly payments to elderly individuals with disabilities and their dependent children. In February 2024, the SSA approved a $134 per day payment for SSI recipients. For 2024, monthly SSI benefits are set at $943 for eligible individuals, $1,415 for eligible couples, and $472 for each essential person. These payments are based on the recipient’s annual net gross income.
Social Security Disability Insurance (SSDI): This program provides monthly assistance to disabled Americans. SSDI is a federal social insurance program that offers benefits to disabled workers and their dependents. In February 2024, eligible SSDI beneficiaries were approved to receive monthly payments ranging from $1,150 to $2,590, depending on eligibility. The $134 per day payment approved in June for SSA SSDI beneficiaries will be funded by U.S. tax revenue.
Low-Income Social Security Beneficiaries: In February 2024, the SSA approved additional cost-of-living adjustments (COLA) for low-income beneficiaries. The $134 per day payment aims to help low-income, disabled, and retired individuals cope with inflation and support their well-being.
Read More :$1,312 Stimulus Checks in August 2024: Eligibility, Payment Date, and Application Process
Payment Dates for SSA, SSI, SSDI, and Low-Income Benefits in August 2024
The $134 per day payment was approved in June 2024 for SSA, SSI, and SSDI beneficiaries. These monthly benefits provide financial aid to eligible recipients based on their date of birth:
- Born between the 1st and 10th: Benefits are delivered in the second week of each month.
- Born between the 11th and 20th: Benefits are delivered in the third week of each month.
- Born between the 21st and 31st: Benefits are delivered in the fourth week of each month.
Read More: Earned Income Tax Credit 2024: Payment Amounts, Dates, Eligibility, and How To Claim
Fact Check: $134 Per Day Approved For SSA, SSI, SSDI in June 2024
The U.S. Federal Government provides numerous financial benefits to Americans to help with their cost of living. Each year, authorities adjust benefit rates in response to inflation. The claim of a $134 per day payment approved in June 2024 for SSA, SSI, and SSDI beneficiaries has circulated widely, but it’s essential to verify the accuracy of such claims.
To qualify for these benefits, you must be blind, disabled, or aged 65 or older. The maximum benefits you receive will depend on your specific circumstances and needs.
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