GET READY! Double Payments for SSI SSDI | Congress Hearing About Social Security | SSA 2024 Update

two payments for SSI and SSDI recipients and things are changing rapidly for millions of Social Security recipients but first we need to watch this social security is the Bedrock of retirement Security in the nation's most effective anti-poverty program it's a Lifeline for millions of seniors their children and people with disabilities in February of this year that Lifeline reached 20% of the entire US population Yes you heard it right it will reach 20% of the entire US population and that's a big number well first we need to watch this update as well that is very important for millions of SSI and SSDI recipients SSI payment schedule here is when you'll get your second check this month SSI means supplemental security income recipients are receiving two checks in the month of August will explain why and what this means for September payouts remember that when it comes to Social Security SSI and SSDI recipients they're about to receive two payments and the Congress is saying enough is enough we're going to show you this very important hearing and remember in this clip the changes and the proposals are mentioned clearly so make sure you watch this video till the end and we are also going to give you the details about these two payments that are coming to you but before we get into the details and break down each and everything for you I have a little request to please smash the like button on this video video as it helps this video and the channel as well so let's not wait and get into the details of this very important update and remember we are also going to show you the clip so stick with us till the end of the video SSI payment schedule here is when you'll get your second check this month supplemental security income recipients are receiving two checks in the month of August will explain why and what this means for September payouts going into the details supplemental security income recipients have already received their payments for the month of August but what you may not know is that you're set to receive another one before the end of the month the payment schedule can change month to Monon depending on what day a month starts on which is what's happening this time we'll explain also if you didn't know you might be getting a boost to the amount of money in your checks later this year yes we are going to explain everything to you remember that social security recips are struggling right now and they need some sort of support as soon as possible and that's why one of the hearing in Congress explained everything in detail means the situation of Social Security recipients and what are the stats and the numbers so make sure you stay with us because we are going to show you that very important clip as well in this video well let's go into the more details and see how these two checks will come to you and what are the dates supplemental security income is a program run by Social Security Administration it benefits qualifying recipients with limited income and resources and people with qualifying disabilities children who are blind or with disabilities may also qualify for supplemental security income if you just started receiving benefits or you're about to apply to supplemental security income will break down the payment schedule for the rest of the year so you will not have to guess what to expect on your next check and now here are the details about the date and the checks that you're about to receive and yes why you're receiving two checks this is very important we're going to explain that as well look at this so here is when you can expect to receive your supplemental security income payments for the rest of the year that is Thursday August 1st you must have received your first check already now Friday August the 30th this is the check for the month of September why will break it down in just a moment then on Tuesday October 1st you will receive another check on Friday Friday November the 1st you will check another check and then on Friday November the 7th the same month you will receive your second check for December why you're receiving two checks in the month of September here are the details September 1st 2024 is on a Sunday so supplemental security income recipients will be receiving their payments for that month early on August the 30th this is also set to happen in November of this year Yes you heard it absolutely right September 1st is fall in on a Sunday and whenever there is a public holiday or there is a weekend the payment comes earlier than the expected date well now we are going to show you this very important clip from Congress where Senator White House said some astonishing things that literally stunned everyone and remember these changes are very important and things are described briefly right here which clarifies everything for millions of these recipients and to American people who are in confusion that what's the future for Social Security and its recipients so if you receive Social Security SSI ssds stay with us because this is a very important video clip so let's watch it together and then we'll break down for you each and everything without new Revenue Social Security will only cover 80% of its projected benefits by 2035 that's only 12 years away this hearing will therefore examine how to close that Revenue Gap to preserve the promise of social security for our kids and grandkids working adults and current retirees who will still alive in 2035 our promise to them is one we must not break absolutely Social Security is the Bedrock of retirement Security in the nation's most effective anti-poverty program it's a Lifeline for millions of seniors their children and people with disabilities in February of this year that Lifeline reached 20% of the entire US population almost every senior in this country will receive payments from Social Security benefits they have earned that let them retire in dignity one of my constituents Robert said I rely on my Social Security as my only source of income I find it impossible to continue to live independently if Social Security were changed reduced or eliminated Social Security benefits were a contract between the federal government and its citizens Antonella of North Providence said I would be very sad and depressed if there were any cuts to Social Security i' just get by as it is and Laurel also of Pucket said that without Social Security she would have to go back to work and probably have to work until I die absolutely remember that social security benefits hasn't been changed in past 53 years and that's very shocking and the metric that increases the benefits every single year is outdated it needs to be changed from CPI W to CPI that is according to the inflation if you don't know then let us tell you that the prices of grow here are up 21% and you know how much of an increase is expected in Social Security benefits this year it's just 2.57% which is quite shocking to see so let us know in the comments below what do you think about it and remember that there's another proposal from Senator Bernie Sanders that is calling for a $2400 increase in Social Security SSI SSDI and disability benefits and if you support it then WR in the comment section I support the 24 $0000 increase well remember that if you're new to the channel then right here on credit wle we upload videos about social security SSI ssdf Veteran Affairs real retirement food stems and anything from state and federal benefits that can give you the money that you deserve for yourself and your loved ones so make sure you subscribe to the channel right now and click on the Bell icon so you can get the notifications of our videos every single day you heard it absolutely right we upload videos every sing single day for you so if you have any questions at all then please let us know in the comments below and we will be happy to answer each and every question of yours so thank you so much for all of your love we will see you in the next video very very soon till then please take care and have a nice day