September 09, 2022 12:30 PM Show
Those who receive Supplemental Security Income are set to get their second of two September payments three weeks from Friday. People who are eligible will receive their payment of $841 on Sept. 30, leading to a total of $1,682 for the month after receiving an initial payment at the beginning of September, according to the Social Security Administration. The two payments help offset the months in which no money is sent out to make sure people have 12 payments each year, according to SSA's schedule. SOCIAL SECURITY PAYMENT 2022: SECOND HALF OF MONTHLY $1,682 CHECKS TO BE SENT IN JUST WEEKS September is one of three months in the year in which recipients are sent two SSI payments. The other months with two installments are April and December, which offset January, May, and October for the 2022 calendar year since the first day of those months fell on a holiday or a weekend. Couples in the SSI program will receive two payments of $1,261 during September. Essential persons, defined as those who live with an SSI recipient and provide necessary care, will get two payments of $421 that will be paid out on the same days. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The agency has issued SSI payments to eligible individual recipients and couples since January 1974, providing financial relief for those with limited resources. According to Nexstar Media Wire, Social Security will be unable to pay out in full by 2035 at the current rate. Next year, Social Security payments are likely to increase based on inflation, analysts say. Some, however, may end up earning less than what they currently receive as the payment boost could make them qualify for a higher tax bracket. Actualizado 14/09/2022 - 10:08 CDT This Wednesday September 14, 2022 the Social Security Administration is set to send out the first check to recipients, according to this month's schedule. That means that if you're a beneficiary and your birth date is from the first to the 10th of the month, your payment is being sent out today. Those whose birth date lands from the 11th to the 20th of the month, will see their payment being distributed on Wednesday, September 21st. And finally those who celebrate their birth date between the 21st and the 31st of the month, will see their payment programmed to go out on Wednesday, September 28, two weeks from today. SSI recipients will get two payments in SeptemberFor some people, Social Security checks aren't enough to cover their basic living expenses, therefore they may be eligible to receive Suplemental Security Income or SSI. The SSI is a program designed to send monthly payments to adults and children with a disability that prevents them from working. For instance SSI is available for adults age 65 or older that have limited income and financial resources, and in September, recipients are getting two payments. Who's getting two payments in September?Those that received their Social Security before May 1997 or those receiving both Social Security and SSI, received their Social Security on September 2, and their first SSI payment on September 1, with the next one coming on September 30. SSI recipients could be sent up to $1,682 during this month, as the maximum per payment is for a maximum of $841 dollars. Cost-of-living-adjustment will reportedly increaseAARP is predicting that the cost-of-living-adjustment or COLA will have an 8-10% increase that would boost the amount received by beneficiaries up to around $150 dollars each month. But this will be determined by the consumer prices by the end of September, with the actual amount being announced on October, for the increases taking effect on January 2023.
Social Security payments: SSI recipients will get 2 checks worth up to $1,682 in September Millions of Supplementary Security Income recipients will be receiving two payments in September. But the double payments have to do with timing and not extra money. The first SSI payment of up to $841 will be made starting on Sept. 1. The second will arrive by the end of September. September is one of only two months that give recipients two payments, the other being December. According to the Social Security Administration, in some months, SSI benefits are paid both on the first of the month and the last Friday of the month, with no payment on the 1st of the next month because it falls on a Sunday. For 2022, this is true for April, September, and December, meaning there was no payment on May 1 and there won’t be one on Oct. 1 or Jan. 1, 2023. You can go here to see a complete payment schedule. SSI provides monthly payments to adults and children with disabilities or blindness who have income and resources below financial limits. SSI payments are also made to people aged 65 and older who meet financial qualifications. Eligible individuals can receive $841 per month, or $10,092 per year. Eligible couples can receive $1,261 per month, or $15,136 per year. Someone deemed an “essential person,” meaning they live with an SSI recipient and provides them with basic care – are eligible for $421 per month, or $5,057 per year. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Are SSI recipients getting extra money in September 2022?Social Security Reminder: Here's Which SSI Recipients Can Expect Two Payments in September 2022. Supplemental Security Income beneficiaries will get an extra payment this month, as September is one of three months when the benefit is paid twice.
Why did I get two Social Security checks this month 2022?The most common reason someone might be receiving two Social Security payments in a single month is that they are receiving both Social Security Disability Insurance (SSD or SSDI) benefits and Supplement Security Income (SSI) benefits.
Are Social Security recipients getting two checks this month?The Social Security Administration sends out payments on three different Wednesdays of each month -- the second, third and fourth. On which Wednesday you receive your money depends on your birth date. Payments for SSI recipients generally arrive on the first of each month (see below). We'll break it down.
Will SSI get another check in 2022?The Social Security Administration is offering a new payment that is scheduled for October 2022 that is considered to come as it was expected. In time and form, recipients who qualify for the Supplemental Security Income (SSI) will not get a payment due to a quirk in the payment schedule.
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Is ssi getting two checks in september 2022
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