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65-years-old Seniors to get a $914 Social Security payment in hours

Just hours away for retirees age 65 to receive a new March Social Security check for up to $914 in SSI benefits

by Abraham Quirós Villalba
01/03/2023 11:00
in Money
Being 65 years old could make you get a new Social Security paycheck today

Being 65 years old could make you get a new Social Security paycheck today - CANVA

Only a group of retirees aged 65 will receive the new check within hours

Why will SSDI users not receive SSI in April?

Top reasons why Social Security checks do not arrive on time

Social Security Supplemental Security Income checks are reaching the pockets of United States citizens today. These checks can be for up to $914 and not all retirees are eligible for this benefit. It is important to remember that only one group of U.S. citizens may be eligible to receive Social Security Supplemental Security Income. If you are part of this group, you could receive not only one check for $914, but two of these payments during the month of March.

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Also, don’t forget that the Social Security Administration will also send out checks pertaining to retirement in the following weeks. And that is why some beneficiaries could enjoy up to 3 different checks. While it is true that Supplemental Security Income checks are up to $914, each individual receives his or her check in a different amount.

If we add up the maximum check for these two benefits, it would total $6,472 per month. To this we would have to add another $914 from the second Supplemental Security Income in March. But it would not be possible to get this amount for one month, since the SSI check is only given to low-income pensioners and collecting this large pension amount means not having low income.

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Social Security Payments in March 2023

In the March 2023 Social Security payment schedule we can see that there are up to 5 different payments. This means that a United States retiree could receive 3 checks in the weeks of March. In order to reach these three checks it is necessary to have both a retirement pension and Supplemental Security Income.

Find out when you will be able to get money from SSA payments
Find out when you will be able to get money from SSA payments – Licensed AdobeStock

These are the Social Security payment days in the month of March:

  • March 1st. Today. The Administration pays Supplemental Security Income to all retirees.
  • March 8th. Any citizen collecting Social Security who was born between the 1st and 10th receives this check.
  • March 15th. Retirees with pension benefits born between the 11th and 20th may receive this check.
  • March 22nd. Citizens with a Social Security check with birthdays between the 21st and 31st will cash this check on this day.
  • March 31st. Last check of March, although it actually pertains to the April Supplemental Security Income benefit.

Now you can find out what day you will cash your March Social Security checks.

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Why are there two SSI checks in March 2023?

The Social Security Administration sends out two Supplemental Security Income checks in March 2023 due to a scheduling irregularity. The Administration always pays this benefit on the 1st of each month. This is true with some exceptions, such as April. When the 1st of the month is a weekend or holiday, the payment day changes.

Since April 1st is a weekend, the Administration pays SSI on the immediately preceding business day. And that is why in March an eligible retiree could receive up to 3 different Social Security benefit checks.

Tags: moneypaymentSocial SecuritySSIUnited StatesViral
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