Direct Deposits Worth $1,401 Coming Soon for SSDI Beneficiaries: Know Eligibility & Payment Schedule

The Social Security Administration (SSA) has announced that the last SSDI (Social Security Disability Insurance) payments for August will be sent out in six days. However, not everyone will get these payments.

Only SSDI beneficiaries who meet certain requirements will be eligible. Here’s what you need to know about who qualifies, when the payments will be made, and what you might receive.

Eligibility for the August 28 SSDI Payment

To qualify for the SSDI payment on August 28, 2024, you need to meet certain conditions:

1. Birth Date: This payment is for those whose birthdays are between the 21st and 31st of any month. If your birthday falls within this period, you’ll get the payment.
2. Filing Date and Benefits: You must have applied for and been approved for SSDI benefits after April 30, 1997. If you started receiving benefits before May 1997, your payments may follow a different schedule.
3. SSI Recipients: If you receive Supplemental Security Income (SSI) along with SSDI, you won’t get this payment on August 28. Instead, your next SSI payment will be on August 30, 2024.

Payment Schedule Details

Here’s how the upcoming payments are scheduled:

• August 28, 2024: SSDI payments for people born between the 21st and 31st of any month.
• September 3, 2024: Payments for SSI recipients.
• Future SSDI Payments: Those who got their SSDI payments on August 14 and August 21 will get their next payments on September 18 and September 25, respectively.

How Much Will SSDI Beneficiaries Receive on August 28?

The exact amount of SSDI payments depends on your work history, earnings, and when you filed for benefits. While some high earners can get up to $3,822 each month, the typical SSDI payment is often lower. As of July 2024, the average SSDI payment is $1,401.

Here’s a look at the average monthly payments:

• Average SSDI Payment: $1,401
• Average Payment for Retired Workers: $1,538
• Average Payment for Spouses of Retirees: $421
• Average Payment for Children of Retirees: $491

If your SSDI payment is less than the average, you might want to apply for extra benefits like SSI or SNAP (Food Stamps) to help with basic living costs.

Additional Benefits for Lower Payments

For those getting lower-than-average SSDI payments, programs like SSI and SNAP offer extra financial help. SSI is for people with limited income and resources, while SNAP helps with buying food.

These programs can add to your SSDI benefits, helping you pay for basic needs like groceries and utilities.