The Social Security Administration designs various benefits for the retired, aged seniors, children’s, families and disabled individuals. There is news for the SSI, SSDI Expansion Act 2024. Will this Act pass or not? John Larson proposed this new Expansion Act which will provide the $200 per month to the low income individuals. This $200 will be paid with the name Social Security. According to this Expansion Act the social security payments will increase by 2%. Let’s Know about this Expansion Act 2024 and we will see the reality behind this Act. We will also check who will get $200 per month and when this amount will be received by U.S. Citizens.
SSI, SSDI Expansion Act 2024
The Social Security Administration has already provided so many benefits such as SSI, SSDI, VA, Retirement benefits, Survivors benefits and many more to the U.S. Citizens. The Payments for these benefits are paid to the beneficiaries every month. The SSI, SSDI Expansion Act is proposed by John Larson. This act is not yet approved and the legislation for this act is not yet passed. As per this act the eligible low income people will receive $2400 Yearly. We will check SSI, SSDI Expansion Act 2024 and we will see when $200 will be paid to the U.S. Citizens.
SSI, SSDI Expansion Act 2024- Overview
| Title | SSI, SSDI Expansion Act 2024 |
| Year | 2024 |
| Country | United States of America |
| Name of Agency | Social Security Administration |
| Name of the Act | Social Security Expansion Act |
| SSI, SSDI Expansion Act Eligibility 2024 | Low earners |
| Yearly Benefit Amount | $2400 |
| Act proposed by | John Larson |
| Approval of Bill | Pending |
| Social Security Increase 2024 | $200 |
| Category | Finance |
| Official Web portal | www.ssa.gov |
Social Security Increase 2024
As per this SSI, SSDI Expansion Act, $200 will be paid monthly to the low income individuals. This $200 will be paid to the qualified recipients in their bank accounts. This act is made to reduce the financial burden from the shoulders of low earners. These payments will be made to the people who are affected from the high living costs and inflation. The SSI and SSDI beneficiaries will get $200 as per this act. The Social Securities benefits will increase by 2% and this increase will help the low income individuals to pay off their expenditures. This Social Security Increase 2024 is not yet confirmed, it is just a part of the proposal.
SSI, SSDI Expansion Act Eligibility 2024
The Eligibility to get $200 as social security increases will be determined by the parameters such as residency, age, tax status, work credits and working Years. Now Let’s see SSI, SSDI Expansion Act Eligibility 2024:
- The Payment of $200 will be paid to the U.S. residents.
- The beneficiary’s age must be 62 years or more.
- The taxes should be paid and the tax returns for the previous years should be filed by candidates.
- The SSI and SSDI beneficiaries will receive this $200 Payment.
- The total work credits to get $200 is 40.
- The candidate should have working experience of 35 years or more.
- The income limit and resource limit for SSI beneficiaries should be as per given Table.
| Status of Citizen | Resources Limit |
| Individuals | $2000 |
| Couples | $3000 |
| Status of Citizen | Source of Income | Monthly Income Limit |
| Individuals | From Job | $1971 |
| Individuals | From Non- work Sources | $963 |
| Couples | From Job | $2915 |
| Couples | From Non- work Sources | $1435 |
- If the candidate is an SSDI beneficiary then he must have the following income limit when he/she works during Disability.
| Status of Medical Condition | Monthly Income Limits |
| Disability | $1550 |
| Disability and Blindness | $2590 |
Fact Check- SSI, SSDI Expansion Act 2024
SSI, SSDI Expansion Act is proposed by John Larson. Yet this act is not passed in legislation. According to this Act the Eligible low income people will get $200 Monthly and $2400 Annually. If this act is passed in the legislation then the beneficiaries will receive this amount. The SSI and SSDI recipients will receive this $200 as social security benefits. Officially this Expansion Act 2024 is not passed and approved, it is just proposed. We should wait for the Government Confirmation and approval for this expansion act. We advise the beneficiaries to not hope for such payments as the proposal can be rejected. For the regular updates about the SSI, SSDI Expansion Act 2024, we recommend you to keep checking trusted web pages and news channels.
FAQ Related To SSI, SSDI Expansion Act 2024
There is no specific or official payment date for $200 Payment as the Expansion Act 2024 is not approved or confirmed yet.
The Social Security Expansion Act 2024 Information can be found on SSA web page, www.ssa.gov and latest updates can be found on trusted news channels.
The common criteria is given in the above post. For more detailed criteria the user can go on ssa.gov once the act is passed.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.