2024 SSI Updates: What you need to know! (Good news!)

In March of 2024, the Social Security Administration made some updates to how SSI payments are calculated - and these changes can benefit people who depend on these monthly payments to get by!
SSI, or Supplemental Security Income, helps people who are not able to work due to a disability. The rules regarding how these payments are calculated can get complicated. They just became a little easier though!

In this video, Ellen will discuss how SSI payments are calculated, what new changes have been made for 2024, and what to expect if you or someone you love is receiving these payments.

PLEASE NOTE: In this video we use the California SSI number of $1183/month; the federal amount is $943/month, and some states (including California) supplement this very low amount.

00:00:00 Many people with disabilities depend on supplemental security income
00:00:06 Some huge updates were just released
00:00:27 New laws and benefits for SSI recipients
00:00:46 Understanding SSI rules and restrictions
00:01:19 Qualifying for SSI and countable assets
00:02:36 The purpose of SSI and recent changes
00:02:51 Impact of third-party payments on SSI
00:03:35 Recent positive changes in SSI rules
00:04:58 Rent and ISM Deduction
00:05:19 Presumed Cost of Living
00:05:48 SSI Overpayment Reduction
00:06:33 Withholding Adjustment
00:07:06 Financial Considerations
00:07:33 Long-Term SSI Benefits
00:08:29 Qualification for Medi-Cal
00:08:55 Conclusion and Next Steps

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#SSI #supplementalsecurityincome #ssibenefits

[Naturalintelligence]

With rent food and groceries so high. SSI maximum should be at least $1200 $1300 these days. It's hard living off off $900. It's just not enough.

[marymotherofgod]

$943.00 is the highest ssi here it hasn’t went up in 40 yrs

[SandraMeeker-er]

I am very thankful it will really help me at 80 and alone. 🙏

[JudethWilliams]

I only get SSI 943 a month. I never ever saw a 1000 on my SSI check my rent 850.00 and nobody else helps me with rent food or transportation or mycell phone.i am beyond poor Pennsylvania is always left out of any financial help.

[danielnotah]

S.S.A. has to send you a letter stating if you'll be getting a increase or decrease on your benefits.That's how it works.

[edwindavis]

The Maximum SSI Payment is $943.00
I WISH I Could Get $1100.00 a Month !!!
Were Dying Out Here.

[Daniel-uoee]

I promise to be there for you and you will not be disappointed in the medical records and disability claim I will do everything you ask or tell me to do God bless you

[joncarson]

I don’t know how this channel doesn’t have a million subscribers

[Approveproxy]

Hi ellen, i feel so devastated, thata how much, they get.. its dirt poor and hardships the govt. Treating the people, .the poor this is why prostitution and crime theif are happening dont you think.. its whata happening in my neighborhood.. this is crazy a solution must be plan. If you would im a one man army trying to get a mass appeal, networking to advocate and speak out raise awareness, that this is going on, and let the people know those likely bit more furtunate and us dirt poor trying to put food in our plates. Its really heart devastation, mind buggling, really upsetting to us.. help me help us all, feel more comfortable, a worth while to livw honest, and faith to our goventment.. thank you, , ,

[RaymondMartinez-lx]

When are they gonna increase SSI payments?

[reality]

Thank you for a very informative video. Since last July Ssi in Placervill CA, reduced $300 dollars of my mom’s check just because she lives in a special zip code. I helped her to appeal the case twice but they rejected her request twice. She has to deal with credit card debt now because of not receiving $300 monthly 😱
I think Ssi should check some of the branches and help some of the very vulnerable people in the area.

[visaghanbhaskaran]

Thank you for sharing the information.

[EdRibando]

Needs to be 1500 for food, house note, utilities

[ceeggsinspace]

Thank you for this information. I just had to do a review for SSI for my daughter in May. The interviewer asked me about how much she paid the household for rent. I told him It was average $750 a month depending on how much utilities were because we split it 4 ways. He did not mention anything about the $334/month Federal rule and also did not restore any of the deduction from her SSI. Maybe it will change in September.

[martinguldnerAutisticSwanGuru]

The $2000 asset limit for single/$3200 married needs to be raised to count for inflation!!! HUD needs to change the rule that the whole distribution from Special Needs Trust counts as income to calculate monthly rent payments from the tenant . Since I work not receiving Social Security or Medicaid I decided not to create a Special Needs Trust to receive my $325, 000 inheritance. I been in HUD Permanent Supportive Housing program before receiving my inheritance. I chose to received the inherited assets in my name since the assets do not count against being in HUD housing. I am am lucky to have a disability and not be shackled with stupid government asset and income limit rules!!!

[bellican]

Hi just want to say that SSI is now suffering with everything so high that we have to go with our had to let go of cable no TV this is sad for a disabled seniors.but thank you for the info

[Billie-mukz]

Where do you get this that people are getting $1, 100 SSI people in Alabama don't get with $943 so I don't know where you're getting your information you must be out there in California somewhere but we don't get that

[charlesheddy]

The SSI check i get is 943 I wish it was 1100 a month

[gtsuby]

Great info, thanks. After some searching, I was able to find the SSA press releases and Federal Register links for the topics you discussed. It may be helpful to include these links in your description for others to reference on the complete details of the law changes and impacted time frame.

[waynecmontgomery]

Great video !!! You forgot to include that the shelter you receive from a nonprofit is exempt from the $344.00, also any energy assistance you receive from a nonprofit is exempt from that list.