In the United States, the Social Security Administration works seamlessly to provide benefits to all deserving beneficiaries. There are a number of different benefits available so that the SSA can financially assist many families in need of help. If you are collecting retirement or disability benefits, you may very well be eligible for Supplemental Security Income (SSI), which is being sent out soon.
People who are eligible for SSI are those who have a very low pension. The Social Security Administration also checks to make sure that the money in your bank account is less than $2,000. You can find the requirements through the BEST app, which helps you find out if you are eligible for benefits. The maximum SSI payment is $1,261 for a couple and $841 for an individual.
When does Social Security send out the Supplemental Security Income?
The Social Security Administration publishes the schedule of payment dates at the beginning of each year. This allows all SSI and other benefit recipients to organize their financial situation. For the first SSI payment, you must always wait until the 1st of each month. This is with the exception of months in which the first day is a holiday or weekend.
In that case, the SSI payment is paid on the immediately preceding business day. Therefore, there are months where the payment may be double. In the case of September, there are two days on which the Social Security Administration makes the SSI payment. The first working day, which is the 1st and the last working day, which is the 30th day of September.
Calendar of upcoming SSI payments
The schedule of SSI payments for the remainder of 2022 is as follows:
September: 1st and 30th day (pertaining to October SSI).
October: no payment day.
November: 1st day.
December: 1st and 30th day (pertaining to January 2023 SSI).
As you can see, there are times when you get two SSI Social Security benefits in a month. On the one hand, this has a positive side. On the other hand, it also has a downside.
The upside is that you can get your money early, but that means you’ll have to wait a few more days in the next month until you get your extra SSI income again. At least the administration publishes the schedule at the beginning of the year so we can know when this abnormal situation is taking place.