Supplemental Security Income beneficiaries are two days away from the first of two payments in March due to a scheduling quirk, with each payment worth $914.
The first payment will be sent out to eligible recipients on March 1, with the next of the monthly checks being delivered on March 31 for those same individuals and couples.The Social Security Administration issues monthly SSI checks the business day prior to the months that begin on a weekend or holiday to ensure recipients have the check by the first of the month, per the agency. This results in recipients receiving two checks in the same calendar month multiple times a year.
The Supplemental Security Income payment for April 2023 will be delivered on Friday, March 31, because April 1 falls on a Sunday this year. This year, there are three other months in which two payments will be delivered under the same month: June, September, and December. This is because the first of the month falls on a weekend in July, October, and January 2024.
For individuals, the rate for payments is $914 per month. The rate for eligible couples for monthly payments is $1,371. Essential persons, people who live with someone receiving SSI and provide them with necessary care, have a monthly payment rate of $458.SSI payments were first issued by the Social Security Administration in January 1974, with payment rates increasing for cost-of-living adjustments since 1975, according to the agency.
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