On October 12, 2023, the Social Security Administration announced that Social Security and SSI payments will increase by 3.2% in 2024. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W).
The 2024 SSI rate will be $943 for individuals and $1,415 for eligible couples. This will increase the Medicaid income cap to $2,829 in 2024.
| Recipient | Unrounded annual amounts for— | Monthly amounts for 2024 | |
|---|---|---|---|
| 2023 | 2024 a | ||
| Eligible individual | $10,970.44 | $11,321.49 | $943 |
| Eligible couple | 16,453.84 | 16,980.36 | 1,415 |
| Essential person | 5,497.80 | 5,673.73 | 472 |
| a The unrounded amounts for 2024 equal the unrounded amounts for 2023 increased by 3.2 percent. | |||
Recently, my dad died. While I was driving back from being sworn in as his…
In Georgia, an individual has legal capacity to make a Will "when the testator has…
Last updated 2/28/2025 The Georgia Power of Attorney Act was enacted in 2017 (HB 221)…
In North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust, the…
Medicaid is critical for individuals with special needs. It pays for things no one else…
Since 1980, Medicare pays after another responsible entity pays certain health care claims for Medicare…