This year, individuals will receive two payments in the same month: March, June, September, and December.
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Second Payment for Social Security Administration (SSA) Supplemental Security Income Beneficiaries in June
People who receive assistance from the Social Security Administration’s Supplemental Security Income (SSI) program can expect a second payment in June. This payment, which will be disbursed in 16 days, has the potential to reach $914 for individual taxpayers.
The upcoming payment will be made on Friday, June 30, and marks the second of two payments scheduled for that month. The first payment was already sent out on June 1st.
Reason Behind the Double Payments in June
The decision to issue two payments in June stems from the organizational structure of the SSA calendar. When the usual payment falls on a weekend, two payments are made in that particular month.
In the case of June, the second payment is substituting the one that would typically be disbursed in July. This shift is due to July 1st falling on a Saturday this year, prompting the SSA to allocate the payment earlier, landing it in June.
Varying Payment Amounts for SSI Beneficiaries
The amount each beneficiary receives can vary based on their tax filing status. Individuals who file an individual tax return receive $914 monthly, couples filing jointly receive $1,371, and essential individuals living with and caring for SSI recipients receive $458 per month.
SSI Benefits Complementing Regular Social Security Benefits
SSI payments serve as additional financial assistance alongside the regular Social Security benefits received by retirees. These monthly payments are directed towards adults and children who are visually impaired or disabled and have limited income.
Eligibility and Schedule for SSI Payments
To qualify for SSI, individuals must be over 65 years old, partially blind, or have physical or mental conditions that severely limit daily activities for at least 12 months or more, potentially leading to their demise.
The payment schedule ensures 12 monthly payments in a year, sometimes resulting in two payments during certain months and none in others. Nonetheless, the total sum always reaches 12 by year-end.
Additional Double Payment Months in 2022
This year, four months will include two payments in the same month: March, June, September, and December. This is due to April, July, and October having the first day of the month fall on a Saturday or Sunday, along with January 1st always being a holiday. Therefore, payments cannot be issued on those specific days, and they are advanced to the mentioned months instead.
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