Social Security update: Expect $914 direct payment in one week.

Recipients of Supplemental Security Income Program to Experience Slight Delay in Payment

Attention all recipients of the Social Security Administration’s Supplemental Security Income program! We have some news for you. Due to a minor scheduling hiccup in the SSA’s calendar, you will have to wait an extra week to receive your second payment this month. But don’t worry, it will be worth the wait, as this payment could be up to $914 for individual filers!

The good news is that the payment will be sent out on Friday, June 30. This will be the second of two checks for the month of June, replacing July’s payment. Just to refresh your memory, the first payment for June was already sent on June 1.

Why the Double Payment?

Now, you might be wondering why you’re receiving two payments this month. Well, it’s all because of a small quirk in the Social Security Administration’s schedule. In months where the first of the following month falls on a weekend, recipients are given two checks. Since July 1 falls on a Saturday this year, the second payment for June is taking the place of July’s payment.

But don’t worry, this adjusted schedule ensures that you will still receive 12 checks per year. Some months will have two payments, while others will have none. This year, you can expect double payments in March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October, and we all know that Jan. 1 is always a holiday.

Payment Amounts

Now, let’s talk about the amount of money you will receive. It varies depending on your filing status. If you file individually, you can expect a maximum monthly payment of $914. Eligible couples receive up to $1,371, and essential persons, those who live with SSI recipients and provide them with necessary care, get a monthly payment of $458. These figures are according to the SSA.

Remember, SSI payments are in addition to regular Social Security benefits that go out to retirees. The SSI program is specifically designed to provide monthly payments to adults and children with blindness or another disability and limited income.

To qualify for SSI, you must be over 65, partially blind, or have a physical or mental condition that significantly limits your daily activities for at least 12 months or more, or may result in death.

SSI payments have been issued by the SSA since January 1974, and payment rates have increased for cost-of-living adjustments since 1975.

For more information, click here to read more from the Washington Examiner.

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