Social Security update: $914 direct payment arrives in 3 weeks.
An Unusual Second Payment for September
An exciting development is on the horizon for Supplemental Security Income recipients! In just three weeks, a second payment for the month of September will be sent out, and it’s worth up to $914 for individual filers. This unexpected bonus is sure to bring some extra joy to recipients.
A Quirk in the Calendar
The second payment, scheduled for Friday, Sept. 29, will actually replace the payment for October. This unique situation arises from a scheduling quirk in the Social Security Administration’s calendar. When the first of the following month falls on a weekend, recipients are treated to two payments in one month. It’s a fortunate coincidence that brings some financial relief.
Double Payments Throughout the Year
Typically, beneficiaries receive one check each month. However, this year, there are four months where recipients will receive two checks: March, June, September, and December. This is due to the first of the month falling on a weekend in April, July, and October, and Jan. 1 always being a holiday. It’s a rare occurrence that adds a little extra to the recipients’ pockets.
Payment Amounts and Eligibility
The payment amount varies depending on how individuals file for benefits. For those who filed as individuals, the rate can be up to $914 per month. Eligible couples can receive up to $1,371 per month, while essential persons who provide necessary care to someone receiving SSI can get $458 per month.
To qualify for the Supplemental Security Income program, individuals must be 65 or older and meet specific financial requirements. Those under 65 may also qualify if they are partially blind, have a physical or mental condition that limits their daily activities for at least one year, or if the condition is expected to result in death. Even children can qualify if they meet certain criteria.
A Longstanding Program
These payments have been issued by the Social Security Administration since January 1974. Over the years, payment rates have increased to account for cost of living adjustments, providing recipients with a little extra support.
So mark your calendars for Sept. 29 and get ready for that unexpected second payment. It’s a special treat that will surely brighten the day for Supplemental Security Income recipients!
Click here to read more from the Washington Examiner.
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