Social Security Disability Insurance (SSDI) recipients are gearing up for a new round of payments. Scheduled to be disbursed on Wednesday, September 11th, these payments are a lifeline for many individuals who rely on SSDI as their primary source of income.
Who’s Eligible? To qualify for an SSDI payment, you must meet specific criteria:
- Disability: You must have a disability that prevents you from engaging in substantial gainful activity.
- Work History: You need a sufficient work history to have earned enough Social Security credits.
- Eligibility: Your disability must have lasted or be expected to last for at least 12 months or result in death.
Payment Schedule The exact date your payment arrives depends on your birth date:
- Born between the 1st and 10th: Your payment will arrive on the second Wednesday of the month (September 11th).
- Born between the 11th and 20th: Your payment will arrive on the third Wednesday of the month (September 18th).
- Born between the 21st and 31st: Your payment will arrive on the fourth Wednesday of the month (September 25th).
Payment Amounts The average SSDI payment is approximately $1,537 per month. However, the actual amount can vary based on factors such as:
- Earnings History: The more you’ve earned over your working career, the higher your potential benefit.
- Age: Receiving benefits at a later age can increase your payment amount.
- Type of Disability: Certain disabilities may qualify for higher benefits.
Important Considerations
- Delayed Payments: If your payment doesn’t arrive on the expected date, wait a few days before contacting the Social Security Administration.
- COLA Increase: Keep an eye out for the announcement of the annual cost-of-living adjustment (COLA) in October. This increase will help offset inflation and boost your monthly benefits starting in January 2025.
For more information or to verify your eligibility, contact the Social Security Administration.