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Social Security: 65-year-old retirees to receive $841 SSI soon

All eligible pensioners 65 years of age and older will be able receive the September Social Security SSI payment

by Abraham Quirós Villalba
05/10/2022 17:26
in Money
62 years old Social Security Retirees will get payment soon

62 years old Social Security Retirees will get payment soon - CANVA

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Being a retiree in the United States has a number of advantages thanks to Social Security. One of them is the possibility of applying for the financial benefits we need. If you are over 65 years of age, you will be able to apply for Supplemental Security Income (SSI) if you have a low income. In most cases, because the Social Security Administration does not consider much of the incoming money to be income, you can apply for this benefit.

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And you don’t have to be 65 to apply for SSI. The Social Security Administration also grants this benefit to people with disabilities and blind people. The major requirement is to be an SSA pensioner to be eligible for SSI in the future. On another note, the SSI payment is different from the retirement benefit. Therefore, the day chosen for the money to be sent is the 1st of each month, although with minor exceptions.

When does Social Security send SSI?

The money is sent, as we mentioned before, is on the 1st of each month, with exceptions. Regarding these exceptions, we must take into account that if the 1st day of the month is a holiday or weekend, the date changes. So, in this case the payment is made on the immediately preceding business day. However, this means that the following month there is no SSI payment as such.

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Most importantly, it can take up to 3 days for the payment to show up in your bank account. This means that there may be some delay, but it will always appear in your pocket so you can enjoy your SSI amount. If you have a problem and don’t receive the money within 3 days of Social Security sending it, contact your bank to resolve the situation.

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If you are eligible to SSI you will get your money in few days
If you are eligible to SSI you will get your money in few days – CANVA

In conclusion, we can already know when Social Security will send the SSI payment in the following months:

  • September: Day 1 and Day 30 (corresponding to the month of October).
  • October: There is no SSI payment day because the Social Security Administration sends it on September 30.
  • November: 1st day of the month.
  • December: 1st day of the month and 30th day of the month (corresponding to January 2023).
Tags: moneyretirementSocial SecuritySSI
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