In the United States, 9 out of 10 citizens over the age of 65 get Social Security as a source of income. This means that the standard of living for these Americans has gone down a bit from their lives when they were paid and working.
Not only that, but some of these citizens only get Social Security each month. So having an extra source of income can be quite a relief, even if it’s not necessarily a huge amount. Every dollar is important in these cases and getting an extra $300 a month could solve more than one household financial problem.
How do you get extra money for Social Security?
Social Security checks can be capped at $4,873 for United States citizens retired by age. But that’s not true for all of them. Typically, the check is no more than $2,000, and in these times of inflation that may not be enough money.
For that reason, getting a little extra money is always good news. And the Supplemental Security Income (SSI) payment is for just that. These checks of up to $943 come in each month to help people pay their monthly expenses.
If we want to get this monthly benefit we have to meet two requirements. The first, being 65 years of age or older or having a disability. It does not matter if we have a Social Security payment or not. The important thing is to be in that situation.
The other requirement is to have a low monthly income and few resources. The Social Security Administration looks at each individual case to determine whether or not the person applying for Supplemental Security Income is eligible to get this monthly benefit.
When does the extra money from Social Security SSI arrive?
Supplemental Security Income (SSI) checks arrive on the 1st of each month, with some exceptions. When that day is a holiday or weekend, the Administration sends checks on the immediately preceding business day.
This payment is compatible with all types of benefits, as well as SNAP Food Stamps. So if we are eligible, we can get Social Security, Supplemental Security Income and SNAP each month without any problems.
As with retirement checks, activating Direct Deposit to get SSI means having the money available at the time it is sent. If not, the payment will arrive a few days later, so we don’t have to worry about it.