Supplemental Security Income beneficiaries will receive the second of two payments for the month of March in 27 days.
The first payment was already sent out to eligible recipients on March 1, with the next payment being delivered on March 31 for the same people. Each payment will be worth $914. Recipients will get $1,828 for the month of March.
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The rate for eligible couples for monthly payments is $1,371. Essential persons, people who live with someone receiving SSI and provide them with necessary care, have a monthly payment rate of $458.
The Social Security Administration typically issues a monthly SSI check on the first of every month. But in months when the first is on a holiday or weekend, the administration releases the checks on the previous business day to ensure recipients have the check by the first of the month, according to the agency. This results in recipients receiving two checks in the same calendar month multiple times a year. However, beneficiaries still receive a total of 12 checks per year.
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The Supplemental Security Income payment for April will be delivered on Friday, March 31, because April 1 falls on a Saturday this year. Three other months will also see two payments delivered under the same month: June, September, and December. This is because the first of the month falls on a weekend in July and October, and January 1, 2024, is a national holiday.
SSI payments were first issued by the Social Security Administration in January 1974, with payment rates increasing for cost-of-living adjustments since 1975, according to the agency.
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March 04, 2023 at 07:00PM
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Social Security update: Second of March's double direct payments worth $914 to arrive in 27 days - Washington Examiner
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