$914+$2400 Double Stimulus Checks 2024 Coming: Know Eligibility, Payment Dates & Reality Check

$914+$2400 Double Stimulus Checks 2024 coming as Social Security Payment under SSI & SSDI in 2024. The U.S. Federal Government has been providing financial assistance to its citizens via various welfare programs under the Social Security Administration. The primary motive of the monthly Social Security payments is to provide a consistent source of income for low-income households.

$914+$2400 Double Stimulus Checks 2024

The monthly Social Security payments will be delivered as usual for both SSI and SSDI beneficiaries but no additional amount as Double Checks worth $914 and $2400 is set to be coming in the month of May, 2024. The amount will be given as usual Social Security payments under SSI and SSDI, which is meant for ensuring financial sufficiency of the recipient household. The payments are annually revised to keep the dispersed amount in parity with the cost of living rates. The exact amount given to each household can vary based on certain factors such as annual income, number of members,etc.

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The Supplemental Security Income is intended for a larger pool of recipients including disabled and elderly citizens to provide monthly income for their monthly expenses such as grocery, utility bills, rent, medicines and treatment. The Social Security Disability Insurance is a contingent source of income for those who became disabled while being insured under the program. This article will discuss the essential details such as eligibility criteria and payment dates for beneficiaries who will be receiving payments under these Social Security programs.

$914+$2400 Double Checks 2024 For Social Security: Overview

$914+$2400 Double Stimulus Checks Under SSI & SSDI

The SSA is a federal institution that has been tasked with distribution of Social Security payments to eligible low-income households within USA. The SSA sources its funds from the U.S. Treasury and by imposing a Social Security Tax on the enrolled employees. These Social Security payments are given as a means to address the issue of inadequate funds and enable the recipients to manage their essential expenses without resorting to money lenders. The senior citizens and person with disability residing in low-income households are usually the most financially vulnerable section of society. These low-income households had to rely on limited source of income and resources to fulfill their essential needs.

A substantial part of American society is falling under the low-income household categorization post the Covid-19 pandemic. The U.S. Federal Government wants to support these households and the financial aid given under SSA programs is doing just that. The SSI and SSDI payments provide consistent source of income to meet the essential expenses on a monthly basis. However the claimants need to satisfy certain eligibility criteria in order to be the beneficiary of the SSI and SSDI programs.

$914+$2400 Double Stimulus Checks Eligibility 

The SSI program imposes following eligibility criteria on the claimants –

• The claimant needs to be earning up to $1971;
• The person with disability, claiming SSI benefits, has to earn less than $1550/monthly;
• The claimant needs to have no or only a little resources, i.e.:

However the aforementioned resource limits will be increased by $2000 for the claimant who has applied for any qualified dependent i.e. child below 17 years of age;

• The senior claimant needs to attain at least the age of 65 years and no disability required. But if there is any disability then additional payment will be given for that accordingly.
• Other details can be checked here at https://www.ssa.gov/ssi.

The SSDI program imposes following eligibility criteria on the claimants –

• The claimant has paid SST while working;
• The claimant has been suffering from a disability or medical condition that has curtailed their working capability i.e. substantial gainful activity;
• The said disability is of permanent nature or the medical condition has or expected to persist for more than a year or cause death;
• The said disability or condition needs to be certified by an authorized medical practitioner.
• Other details can be checked here at https://www.ssa.gov/benefits/disability/qualify.html.

The Payment Amount SSI programs

The SSI payment that will be delivered as monthly benefits are:

• Single beneficiary will receive up to $943;
• A married couple will receive up to $1415;
• An essential person will receive up to $472.

$914+$2400 Double Checks SSI Payment Dates

$914+$2400 Double Checks SSDI Payment Schedule 

The exact date of SSDI payments in a month varies for each beneficiary as per the following conditions:

G Alikpala

Gidget bringing her experience as a passionate Content researcher.   Gidget’s interest in philosophy propelled her to pursue a degree in international relations and a master’s in Journalism . At Sass News Portal, Gidget combines her knowledge of political economy and personal finance to empower readers by providing answers to their most pressing questions.