Social Security update: Direct payment worth $914 arrives in two weeks
Misty Severi
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There are two weeks until recipients of the Social Security Administration’s Supplemental Security Income program will receive their second June payment, worth up to $914 for individual filers, because of a scheduling kink in the SSA’s calendar.
The payment will go out on Friday, June 30, and will be the second of two checks for June. The initial payment was sent on June first.
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There is some variation in the amount of money beneficiaries receive, depending on whether they file individually, jointly, or as an essential person. Recipients who file individually receive $914 every month, eligible couples receive $1,371, and essential persons, or those who live with people receiving SSI payments and provide them with necessary care, get a monthly payment of $458, according to the SSA.
SSI payments are given in addition to regular Social Security benefits that go out to retirees. The SSI program provides monthly payments to adults and children with blindness or another disability and limited income.
To qualify for SSI, a person has to be over 65, be at least partially blind, or have a “physical or mental condition(s) that very seriously limits their daily activities for a period of 12 months or more or may be expected to result in death.”
Recipients generally receive one payment each month, but June’s rarity is because of a small quirk in the Social Security Administration’s schedule that gives recipients two checks in months where the first of the following month falls on a weekend. The second payment for June is taking the place of July’s payment because July 1 is on a Saturday this year.
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The adjusted schedule ensures that beneficiaries still receive 12 checks per year, even though in some months, they receive two checks and receive none in others. There are four months in which two payments will be delivered in the same month this year: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October, and Jan. 1 is always a holiday.
SSI payments were first issued by the SSA in January 1974, and payment rates have increased for cost-of-living adjustments since 1975, according to the agency.