The payments that the SSA sends out each month to United States citizens have a fixed schedule that is announced well in advance. This allows users of both SSDI and SSI or any other pension to know on what day they will collect each payment. This is a big change from not knowing the exact day they might cash a check.
Even so, we must be clear that the days announced are actually the days on which the Administration sends the money. We cannot think that pensioners, both SSDI and SSI recipients, can receive the money on the same day. There are millions of Americans who do not get their check on the same day, even though there are ways to get it.
Also, the Supplemental Security Income payment is sent every month to retirees who have accepted this benefit. The payment date is the 1st of each month, except for exceptions such as the one that will occur in April. In the case of the exceptions, millions of Americans will not receive SSI in the same month, although this does not necessarily have to be negative.
In many cases, SSDI recipients with an accepted SSI could have the money before the official collection day. Thus, recipients would have SSI in March instead of April, even though the usual schedule calls for the 1st of the month to receive the money.
Why won’t SSDI retirees receive SSI in April?
The reason SSDI retirees will not receive an SSI benefit in April is for calendar reasons only. As we have already mentioned, the 1st of each month is SSI payment day. However, this is not the case when the 1st is a holiday or weekend.
And in April 2023 the 1st is a weekend. So the payment will be sent on the immediately preceding business day, i.e., the 31st of March. This will make it so that a large portion of SSDI beneficiaries can have the money well in advance.
Will all retirees receive their Supplemental Security Income in March?
In order to receive the April Supplemental Security Income payment in March, there is a requirement that must be met. This requirement is related to how to cash any type of Social Security check.
Retirees can choose to receive any of the Administration’s benefits in two different ways. On the one hand, they can choose to receive SSI or SSDI checks through bank deposit. On the other hand, there is Direct Deposit. This second method is the fastest and the culprit that we are able to get the check sooner than expected.
Receiving payments from Direct Deposit means that we get our monthly check immediately. So the moment Social Security sends the check, the Direct Deposit retiree receives it. This is the only way an SSI recipient can get an April check in March.
If we do not have this collection method activated, we will receive the SSI money in April. This is because we will have to wait a few days from the time the Administration sends the money until we finally have it with us.
What is the maximum amount of SSI?
Supplemental Security Income (SSI) is a type of benefit that only the neediest U.S. citizens can receive. Both low income and low income are required to qualify for this check.
The maximum monthly payment in the SSI amount is $914. This amount of money increases over the years due to the COLA, which affects all the checks Social Security sends out.
There is no way to increase the monthly SSI check as there is with the SSA retirement pension. The check sent to us by the Administration is the final amount we will receive, whether we are on SSDI or have a benefit such as an age 65+ retirement.