No $914 direct payment for you in July – Social Security update.

Changes to Supplemental Security Income Payments in July

Attention all recipients of the Social Security Administration’s Supplemental Security Income program! We have an important update regarding your monthly payments for July.

Due to a unique scheduling quirk in the administration’s calendar, there will be no payment issued this month. But don’t worry, it’s not a mistake! Let us explain.

In June, two payments were sent out instead of the usual one. This was done to account for the upcoming July installment. You see, if the first day of the following month falls on a weekend, the administration sends out two checks in one month. And this year, July 1 happens to be on a Saturday.

What Does This Mean for You?

If you are an individual filer, you should have received up to $1,828 in June between the two payments. Eligible couples, on the other hand, should have received a maximum payment of $1,371 in each check, totaling $2,742 for the month of June. And for essential persons who provide necessary care to SSI recipients, you should have received $916 between the two checks.

It’s important to note that this adjusted schedule is designed to ensure that you still receive 12 checks per year. Some months will have two payments, like March, September, and December, while others will have none.

Now, it’s crucial to understand that these payments are separate from the regular Social Security benefits that go out to retirees. The SSI program specifically provides monthly payments to adults and children with blindness or another disability and limited income.

Qualifying for SSI

To be eligible for SSI, you must meet certain criteria. This includes being over 65 and meeting specific financial requirements, having partial blindness, or having a physical or mental condition that significantly limits your daily activities for at least 12 months or may result in death.

Since January 1974, the SSA has been issuing SSI payments, with payment rates increasing for cost-of-living adjustments since 1975.

For more information on this topic, you can click here to read more from The Washington Examiner.

*As an Amazon Associate I earn from qualifying purchases