To help those in need fulfil their basic needs, the US federal government launched programs to give its residents $1415 & $3822 Direct Deposit in May 2024. The amount paid under the SSI and SSDI payment plans varies based on changes in other economic factors that are prevalent in the nation.
$1415 & $3822 Direct Deposit May 2024: Overview
It is anticipated that the SSI and SSDI payment plans will make available a new payment amount to qualified applicants in May 2024. However, the singles will be eligible for direct deposits totalling $1415, while couples should anticipate receiving $3822.
In addition, candidates can verify the details of this program by often visiting the official website at https://www.ssa.gov. SSI and SSDI typically start with larger payment plans that are based on the nation’s economic conditions as well as the Cost-of-living Adjustments (COLA).
Eligibility Requirements
- Individuals have to be low-income or members of a low-income class.
- Individuals and couples with less than $2000 and $3000 in resources, respectively, are considered low-income.
- Elderly people 65 years of age or older who have a specific impairment.
- Those who are blind or disabled and are 64 years of age or younger.
- Adults under the age of eighteen have no income or very little income.
Application Procedure
- Visit the official website first at https://www.ssa.gov/.
- To create a login password and identify initials, read the essentials and provide your details.
- Enter your login information to access the online application form.
- Now correctly complete the form and, if necessary, attach supporting documentation.
- When you finally submit the form, SSA officials will examine it and determine what measures to take next.
Payment Schedule
Birth Date | Deposit Dates 2024 |
1st to 10th | 2nd Wednesday of 12 months |
11th to 20th | 3rd Wednesday of 12 months |
21st to 31st | 4th Wednesday of 12 months |
Amount
Beneficiaries | Annual Amounts | Monthly Amounts 2024 | |
2023 | 2024 | ||
Qualified Individual | $10,970.44 | $11,321.49 | $943 |
Qualified Couple | $16,453.84 | $16,980.36 | $1,415 |
Key Person | $5,497.80 | $5,673.73 | $472 |