Supplemental Security Income beneficiaries will receive an unusual second payment in the month of September in just under two weeks, and individual filers could see a maximum of $914.
The rare second payment goes out Friday, Sept. 29, and it will replace October's monthly payment because of a quirk in the Social Security Administration's calendar. The first payment of the month was issued on Sept. 1.
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Filers normally see one payment each month, but in the cases where the installment would fall on a weekend, the recipients receive the payment on the last business day of the previous month.
In order to qualify for the federal program, which is separate from regular Social Security retirement checks, a person needs to be 65 or over, and he or she must meet specific financial requirements. People under the age of 65 may qualify if they are at least partially blind or have a physical or mental condition that seriously limits their daily activities for at least one year. They could also qualify if their condition is expected to result in death.
Children can also qualify for SSI payments if they are at least partially blind or have a physical or mental condition that seriously limits their activities for at least a year, and their parents or guardians meet certain financial conditions.
Payment amounts depend on a filer's income, living situation, assets, and other factors. For those who filed as individuals, the rate for payments is up to $914 per month. Eligible couples also receive payments, but theirs are worth up to $1,371 per month. Essential persons, who live with someone receiving SSI and provide them with necessary care, get a monthly payment of $458.
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Two SSI checks will be sent during the months of March, June, September, and December in 2023, while the rest of the months only see one check that comes on the first of each month.
The payments were first issued by the Social Security Administration in January 1974, and payment rates have increased for cost of living adjustments since 1975, according to the agency.
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September 17, 2023 at 05:00AM
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Social Security update: Direct payment worth $914 arrives in 13 days - Washington Examiner
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