The social media is rife with rumours about a $697 monthly Direct Deposit Check Program by the U.S. Social Security Administration. There are also talks that every American citizen will receive $697 monthly; however, the truth is a bit more subtle and refined. The rumours have confused and prompted clarification to clear the air.
The U.S. Social Security Administration is tasked with processing payments under Social Security Disability Insurance and Supplemental Security Income, focusing on supporting citizens with monetary assistance, especially low-income families, seniors, and disabled individuals.
The rumours have led many users to social media to express their views and comments.
One user on X said:
“I didn’t get mine until August. I get it. No check = no reach. It sucked.”
A second user commented:
“That money will come out of your Social Security! Undocumented migrants pay into the fund, but they can’t receive benefits. Without their contributions, the average SS check will be reduced by $600 a month!”
Another netizen wrote:
“The average amount our seniors and disabled receive in financial assistance per month is $650–$850 plus SNAP and Medicare. If not subsidized, what can they afford?” wrote a third person on X, formerly Twitter.
However, the aim of this program is to help individuals with financial woes precipitated by the Covid-19 pandemic and increased inflation. Individuals need to fulfill certain criteria to be eligible for the $697 monthly Direct Deposit Check Program. Most of the beneficiaries are over 60, and in certain cases, individuals with disabilities are eligible at a younger age.
The payments are released based on birthdates, with dates set for October 9, 16, and 23, 2024.
Who is eligible:
- LOW-INCOME FAMILIES, U.S. RESIDENTS, BLIND INDIVIDUALS, SENIORS, AND DISABLED INDIVIDUALS
Payment Dates (October 2024):
- Born 1st–10th: October 9, 2024
- Born 11th–20th: October 16, 2024
- Born 21st–31st: October 23, 2024
Payment Amount: At $697 monthly SSI payment, the upper limit can be up to $3,822.
Claim Process: Direct deposit, SSA website registration, or local SSA office.
Official Website: SSA.gov
Criteria:
- Income Limits: $2,000 in assets for individuals or $3,000 for couples.
- Existing Benefit Program: Must be availing SSI, SSDI, or similar Social Security benefits to qualify.
Methodology to Apply and Claim USA October $697 Direct Deposit Checks 2024:
- Online Application: Go to the SSA website to start the application process. Complete information about your income, residency, and health status.
- Direct Deposit Setup: Ensure direct deposit information is up-to-date, which can be done via a person’s SSA account online.
- Visit a Local SSA Office.
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