Not all SSI recipients receive the same amount of money from the federal government. In fact, how much average Supplemental Security Income payments change by age! I’d also like to put you on notice that as of October 2024, the average amount paid out to all recipients is $697.50. Keep in mind that the maximum payment for this program for low-income families is $943.
That means that many recipients don’t get the full amount because they are all given a critical reduction. They have other sources of income, which means they can afford it this way. For instance, if you collect Social Security while you’re getting SSI, your check will be lower.
SSI average payment amounts by age
The average payment to younger Supplemental Security Income recipients, according to Social Security’s Monthly Statistical Snapshot for October 2024, for the whole month is higher than those that are older.
For instance, if you are under 18, your average payment will be about $803.97. An average payment for all beneficiaries is about $106 less than that. If compared with those 65 or older, the difference is even greater.
On average, seniors 65 and older receive just $576. Because they may also be receiving Social Security retirement benefits, the low payment is the main reason.
Also Read: The True Value of SSI, SSDI, and Retirement Benefits in 2025
SSI and the average payments between 18-64
There are Supplemental Security Income recipients that are 18 to 64 between seniors and under 18s. As of October 2024, their pay is on average around $745.
If you’re married on SSI, you can get up to $1,415. Unfortunately, for eligible married couples, the Social Security Administration has not released any average payments.
This federal payment can also be sent to essential persons. Neither the maximum benefit payment nor average amounts exist, but the maximum benefit payment will be up to $472. None of these November 29 payments will include the increase to the 2025 COLA. The payday will be shared by all recipients.
Supplemental Security Income maximum amounts after the 2025 COLA increase:
- $967 for a single person
- $1,450 for married couples who qualify
- $484 for an essential person
Conclusion
Finally, SSI payments vary greatly depending on age and personal factors, with younger people receiving more than older people simply because they are generally bringing in additional income, like Social Security retirement benefits.
The median SSI payment for all recipients is roughly $697.50, but for recipients under 18 it’s roughly $803; seniors come in at approximately $576. Specific payment limits apply to married SSI recipients and essential persons. The final payment of 2025 will go out to SSI recipients on November 29, followed closely on the heels of a 2025 COLA increase, offering a small bump forward to 2026.
Also Read: U.S. Government Confirms Social Security Benefit Date for Millions of Retirees
FAQs
Q. What are the average SSI payment amounts for different age groups as of October 2024?
A. As of October 2024, the average Supplemental Security Income (SSI) payments by age group are approximately $803.97 for those under 18, $745 for recipients aged 18-64, and $576 for seniors aged 65 or older.
Q. Why do SSI payment amounts vary among recipients?
A. SSI payment amounts vary among recipients due to factors such as the recipient’s age, additional sources of income, and whether they are receiving Social Security benefits, which can reduce the SSI payment amount.
Q. What is the maximum benefit amount for SSI recipients?
A. The maximum SSI benefit amount for a married couple is $1,415.However, the Social Security Administration has not provided specific average payment amounts for married couples.
Q. When will SSI recipients receive their payments in November 2024?
A. All SSI recipients will receive their payments on November 29, 2024.It is important to note that these payments will not include the 2025 Cost of Living Adjustment (COLA) increase.
Q. What will the SSI payment amounts be after the 2025 COLA increase?
A. After the 2025 COLA increase, the maximum SSI amounts will be $967 for a single person, $1,450 for married couples who qualify, and $484 for an essential person.