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What is the Supplemental Security Income (SSI)? - AARP
Feb 24, 2020 · Supplemental Security Income (SSI) is a benefit program managed by the Social Security Administration that provides monthly payments to people who are older, blind or have a disability and face significant financial challenges. About 7.5 million people received SSI benefits in September 2023, including nearly 2.4 million people ages 65 and older.
Who is eligible for Supplemental Security Income (SSI)? - AARP
Oct 10, 2018 · Supplemental Security Income, or SSI, is a federal benefit program administered by the Social Security Administration that provides safety-net financial support for people in need. You may qualify for monthly SSI payments if: you are 65 or older, blind or have a disability; you are a U.S. citizen or lawful resident;
How To Apply For Supplemental Security Income (SSI) - AARP
Oct 10, 2018 · In 2025, the maximum federal SSI benefit is $967 a month for an individual and $1,450 for a married couple if both spouses qualify for the program. SSI benefits are available to residents of the 50 states, the District of Columbia and the Northern Mariana Islands.
Social Security Proposing SSI Income Rule Change - AARP
Oct 1, 2024 · “These changes will help more people access crucial SSI benefits,” Social Security Commissioner Martin O’Malley said in a Sept. 30 statement. “By simplifying and expanding our policies, we are making SSI smarter, removing barriers to accessing payments, and reducing the burden on the public and agency staff.”
How Do Financial Assets Affect SSI Benefits? - AARP
Nov 5, 2021 · Supplemental Security Income (SSI) is a safety-net government benefit for people who are older, blind or have a disability and are in financial need. The Social Security Administration (SSA), which administers the program, sets strict limits on how much money SSI beneficiaries can earn and on the level of financial assets, such as savings or ...
Biggest Social Security Changes for 2025 - AARP
Dec 4, 2024 · For example, if you earn $40,000 from work in 2025, your benefits for the year would be reduced by $8,300 — half the difference between $23,400 and $40,000. The earnings test eases in the year you reach FRA: Social Security holds back $1 in benefits for every $3 in earnings above $62,160 (up from $59,520 in 2024) until the month when you hit ...
Social Security Calculator: Estimate Your Benefits - AARP
Nov 21, 2024 · The maximum monthly federal SSI payment for 2025 is $967 for a single person and $1,450 for a married couple in which both spouses qualify for the program (some states add to that), but you may receive less than the maximum if you or your family has other income.
Social Security SSDI and SSI are Different Programs - AARP
Oct 26, 2020 · Social Security was put in charge of SSI when the program was established in 1972 to replace a patchwork of state programs that provided federally financed benefits for people who are older, blind or have a disability and are in financial need. Most states offer supplemental benefits to SSI recipients on top of the federal payment.
Can You Collect Social Security and a Pension at the Same Time?
Oct 10, 2018 · Their benefits could be reduced by up to two-thirds of their pension amount and could be eliminated entirely if that two-thirds exceeded the Social Security payment. The new law did not include money for implementing the repeal and the SSA says it could take more than a year to adjust benefits for, and make retroactive payments to, people who ...
Social Security When A Spouse Dies - A Guide To Survivor Benefits …
Sep 12, 2024 · If you were already receiving spousal benefits on the deceased’s work record, Social Security will in most cases switch you automatically to survivor benefits when the death is reported. Otherwise, you will need to apply for survivor benefits by calling the Social Security Administration (SSA) at 800-772-1213 or contacting your local Social ...