Social Security update: Second direct payment worth $914 of March’s double checks to arrive in 10 days

The Social Security Administration’s schedule indicates that the second of March’s double payments will be sent to Supplemental Security Income beneficiaries in 10 days.

The second payment, worth $914 for individual filers, will be delivered on March 31 and will take the place of April’s monthly payment because April 1 falls on a Saturday this year. The first disbursement was sent out to eligible recipients on March 1. Since there are two disbursements in March, individual recipients should receive a total of $1,828 this month.

Other groups also qualify for the double payment, including eligible couples, who will receive two payments of $1,371 in March, and essential people who live with a person receiving SSI and provide them with necessary care. Essential people will receive two checks for $458 each.

The SSA usually only issues one monthly SSI check, disburseable on the first day of the month. But if the first day of a month is a holiday or weekend, the administration releases the checks on the last business day of the previous month to ensure recipients receive them by the first of the month.

SSI payments were first issued by the SSA in January 1974, and payment rates have increased for cost-of-living adjustments each year since 1975, according to the agency. The supplemental payments are separate from the retirement pay that retirees receive each month.

People will see two payments in three other months this year: June, September, and December. This is because the first of the month falls on a weekend in July and October. December sees two checks every year because Jan. 1 is a national holiday.

If you want to learn more about this, click on “Social Security update: Second direct payment worth $914 of March’s double checks to arrive in 10 days”.

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