There are many different types of benefits in the United States. The Social Security Administration not only pays a retirement check to citizens with a disability or who have previously worked. There are also payments to widowed citizens and other groups of Americans. In addition to that, there is not only the retirement payment.
There are also other payments that we can get from Social Security. And one of those payments provides between $300 and $500 on average per month. Undoubtedly, getting this check is a great advantage for many Americans. Having such a benefit can be a revolutionary change in the economy for some.
Also, this benefit we are talking about has certain requirements. That is to say, not all Americans can have access to this extra check. Likewise, it is not mandatory to have a Social Security benefit to be eligible to get this extra payment. It is compatible with the retirement check, yes, but it is not mandatory to have it to be eligible.
How to get a Social Security bonus?
The bonus we are talking about is none other than the Supplemental Security Income. This check is a type of benefit that only goes to the neediest Americans. If you are in a disadvantaged situation and you meet the requirements, you could get up to $943 a month from Social Security. And all this without the need to apply for retirement first.
The requirements to obtain this monthly payment are twofold. On the one hand, it is mandatory to be 65 years of age or have a disability. In this sense, it does not matter in which category we are, as well as it does not matter if we collect Social Security or not, as we have already mentioned. On the other hand, it is also mandatory to have low monthly income and low resources.
Regarding this second requirement, it is important to know that we must prove it. The Social Security Administration will investigate each case individually. So we cannot apply for a check without proving that we really have low monthly income. Likewise, the check is for $943 maximum, but the amount depends on that monthly income.
When do Supplemental Security Income payments arrive?
The checks for this benefit always arrive on the 1st of each month, with some exceptions. This means that many retirees receive two different payments in just a few days. If we get Social Security on the 3rd day and Supplemental Security Income on the 1st day, that means we get two checks on almost the same day.
If the 1st of the month is a holiday or weekend, the Social Security Administration sends the payment on the immediately preceding business day. This means that benefit recipients can sometimes have two different payments from the same check. Although unusual, this situation is possible.
As with Social Security payments, Supplemental Security Income can also arrive via Direct Deposit. If we choose this method of collection, the money will appear immediately. Americans who do not choose Direct Deposit will be able to receive the benefit within days after the check is mailed. As soon as we get the money we can use it for whatever we need.