SSI Annual Report
SSI payment standards, 1975 & later
Maximum Federal Supplemental Security Income (SSI) payment amounts increase with
the cost-of-living increases that apply to Social Security benefits. The latest such increase, 3.2 percent, becomes effective January 2024.
SSI amounts for 2024
The monthly maximum Federal amounts for 2024 are $943 for an eligible
individual, $1,415 for an eligible individual with an eligible spouse, and
$472 for an essential person.
In general, monthly amounts for the next year are determined by increasing the
unrounded annual amounts for the current year by the COLA effective for
January of the next year. The new unrounded amounts are then each divided by 12
and the resulting amounts are rounded down to the next lower multiple of $1.
||Unrounded annual amounts for—
||Monthly amounts for 2024
|a The unrounded amounts for 2024 equal the
unrounded amounts for 2023 increased by 3.2 percent.|
The monthly amount is reduced by subtracting monthly countable
income. In the case of an eligible individual with an eligible spouse, the amount
payable is further divided equally between the two spouses. Some
States supplement SSI benefits.