The Social Security Administration (SSA) recently released in a statement important updates regarding the payment dates for disability benefits for the month of October 2024. These changes will affect a handful of beneficiaries who receive payments from the Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).
Those beneficiaries who qualify for SSDI payments can expect an average monthly benefit of $1,537, likely to reach up to $3,822 for those who meet specific contribution requirements. For blind beneficiaries, the benefit per month can be up to $2,590, providing significant support for people facing unique challenges associated with visual impairment.
Eligibility of Blind SSDI Beneficiaries
The SSA classifies a person as blind if their vision in the healthy eye cannot be corrected to greater than 20/200, or if their field of vision is 20 degrees or less for at least one year. In addition to that, blind beneficiaries may also qualify for the SSI annual payment program, which gives them the ability to borrow credits from their parents’ or spouses’ income if they do not have enough work credits throughout their years of employment. job.
Due to the complexity of the Social Security system, the SSA has made an annual payment schedule to facilitate the distribution of benefits. For the month of October, payment dates were organized into five different rounds, ensuring clarity for beneficiaries based on their eligibility for the program and their dates of birth.
Distribution of payment dates
- October 1: SSI beneficiaries will receive their monthly benefits.
- October 3: Will be paid to Retiree, Survivors and Disability Insurance (RSDI) beneficiaries who have benefits before May 1997.
- October 9 (second Wednesday): RSDI beneficiaries who were born between the 1st and 10th of any month.
- October 16 (third Wednesday): RSDI beneficiaries who were born between the 11th and 20th of any month.
- October 23 (fourth Wednesday): RSDI beneficiaries born between the 21st and 31st of any month.
Recipients who qualify for SSDI receive payments on October 3, 16, or 23, depending on their application date and date of birth.
How Much Will Beneficiaries Receive in October?
In addition to disability benefits, other Social Security beneficiaries will also have adjustments to their monthly payments. Here’s more details, including a quick overview of expected payment amounts for various programs.
| Social Security Program | Monthly payments |
| SSDI payments | Up to $3,822 |
| SSI payments | Individual: $943 |
| Couple: $1,415 | |
| Essential person: $472 | |
| Retirement payments | Full FRA: $3,822 |
| Age 62: $2,710 | |
| Age 70: $4,873 | |
| Payments to survivors relatives | Individual: $1,773 |
| 2 children: $3,653 |
Cost of Living Adjustment (COLA)
These monthly benefits will include the annual increase in the cost of living adjustment (COLA). While the COLA is currently set at 3.2%, predictions for next year indicate it could be between 2.5% and 3%. This adjustment is important as it helps beneficiaries keep up with inflation.
Projected increases for disability benefits
If the COLA for 2025 is set at 2.5%, this is how disability benefits will be affected.
- Average SSDI Payment: increased from $1,537 to $1,575, $38 more per month.
- Blind recipients: increased from $2,590 to $2,655, giving them an extra $65.
- Maximum payment: increased from $3,822 to $3,918, an increase of $96.
Updates from the SSA regarding disability benefits and the payment schedule for October 2024 are essential for beneficiaries who depend on this assistance. Understanding the details of these changes will help beneficiaries plan accordingly and ensure they have the support they need in difficult times. To access more information, beneficiaries can log into their My Social Security account for more personalized details about their payments.