Social Security update: Direct payment worth $914 arrives in 16 days
Misty Severi
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Recipients of the Supplemental Security Income program are expected to receive their checks, worth up to $914 for individual filers, in 16 days.
The payment, which will be sent out on June 1, is the first of two for June. The second falls on June 30. There is some variation in the amount received, with individual filers, joint filers, and essential persons receiving different amounts.
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Individual filers receive $914 each month, eligible couples receive $1,371, and essential persons, who live with dependents receiving SSI payments and provide them with necessary care, get a monthly payment of $458, according to the Social Security Administration.
SSI payments are given on top of regular Social Security benefits. It 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 totally or 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.”
Although the payments are often disbursed on the first of each month, there are exceptions for when the first falls on a weekend or a holiday. In those cases, the SSA sends its monthly SSI checks on the last business day before the month begins.
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The adjusted schedule means beneficiaries will continue to receive 12 checks per year, even though some months receive two checks and some receive none. 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 or holiday in April, July, and October. 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.