Social Security update: Second of rare direct double monthly checks worth $1,755 to arrive in 15 days
Asher Notheis
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Supplemental Security Income recipients are scheduled to receive the second of two payments this month in just over two weeks, giving them $1,755 in total SSI benefits in a month.
Eligible recipients will receive this payment on Dec. 30, receiving $914 after already receiving $841 on Dec. 1. The second installment is being paid because recipients will receive no SSI payment in January, as SSI payments are made on the first business day of a month and Jan. 1, New Year’s Day, is a holiday, according to the Social Security Administration.
Essential persons, meaning someone who lives with a person receiving SSI and provides necessary care, will also get a second payment this month on Dec. 30, this being worth $458, up from their Dec. 1 payment of $421. Eligible couples will also receive two payments of $1,261 this month.
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The double payments are intended to offset the months in which the SSI sends no payment, ensuring that recipients receive 12 payments a year, according to the schedule. The months in which there were no payments given in 2022 include January, May, and October, as the first of these months occurred on a weekend.
In 2023, recipients can expect to receive double payments in March, June, September, and December, as April, July, and October will occur over the weekend, and Jan. 1 is always a holiday, according to the SSA’s schedule.
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The Dec. 30 payments for recipients and essential persons are slightly higher than the earlier December payment due to a cost of living adjustment made by the SSA for 2023. The 8.7% COLA marks the highest adjustment the SSA has made since 1981, when the COLA was 11.2%.