Social Security payment 2022: Second half of double monthly $1,682 checks to be sent in three weeks

Supplemental Security Income recipients will receive a second payment this month in roughly three weeks.

Those who were eligible to receive their first payment of $841 on Sept. 1 can expect a second payment of the same amount to be delivered on Sept. 30, equaling a total of $1,682 for the month, according to the Social Security Administration.

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September is one of three months this year in which people receive two SSI payments, as the first day of the following month falls on a weekend. The other two months with two installments are April and December. An SSA schedule shows eligible SSI recipients receive 12 payments this year. Three months — January, May, and October — do not have any payments scheduled.

This year, eligible couples will receive two payments of $1,261 for the month of September. Essential people, those who live with a person receiving SSI and provide necessary care, will receive two payments of $421 to be paid out on the same days.

SSI is a federal income supplement program “funded by general tax revenues (not Social Security taxes),” according to its government website. SSI “is designed to help aged, blind, and disabled people, who have little or no income,” and it “provides cash to meet basic needs for food, clothing, and shelter,” per a description on the site.

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Analysts expect Social Security payments will likely rise in 2023 due to growing inflation rates, per Nexstar Media Wire. However, some may end up earning less than what they receive right now because the increase in payments could place them in a higher tax bracket.

Without action by Congress, Social Security trust fund reserves are expected to start drying up by 2035, according to the 2022 annual report of the Social Security Board of Trustees. “At the time of depletion of these combined reserves, continuing income to the combined trust funds would be sufficient to pay 80 percent of scheduled benefits,” the report said.