Ssi Payments 2024 Amount Calculator. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5% in 2025, the social security administration announced today. Supplemental security income or ssi, is a federal benefit program administered by the social security administration that provides monthly payments to people who have.
Supplemental security income (ssi) payments occur on the first of each month. Earnings from your jobs covered by social security (meaning your fica taxes) are used to determine the amount of monthly ssdi benefits.