Social Security update: $914 direct payment arrives in 10 days.

Exciting News: Second June Payment for SSI Recipients!

Get ready, because in just 10 days, recipients of the Social Security Administration’s Supplemental Security Income (SSI) program will be receiving their second June payment. And guess what? It’s worth up to $914 for individual filers! How awesome is that?

This unique situation is all thanks to a scheduling quirk in the SSA’s calendar. The payment will be sent out on June 30, making it the second of two checks for the month of June. The first payment was already sent on June 1.

What’s the Deal with the Varying Amounts?

Now, here’s the interesting part. The amount of money each beneficiary receives can vary depending on their filing status. If you file individually, you can receive a maximum of $914 every month. Eligible couples can get up to $1,371, and essential persons (those who live with SSI recipients and provide necessary care) receive a monthly payment of $458. So, it’s not a one-size-fits-all situation!

But wait, there’s more! This double payment in June is actually a rare occurrence. Normally, recipients receive just one payment each month. However, when the first of the following month falls on a weekend, the SSA adjusts the schedule to give recipients two checks. In this case, the second payment for June is taking the place of July’s payment because July 1 falls on a Saturday this year. It’s like a little bonus!

What’s the Schedule Like for the Rest of the Year?

Don’t worry, the SSA has it all figured out. They want to make sure beneficiaries receive 12 checks per year, even if it means some months have two payments and others have none. This year, there will be four months with double payments: March, June, September, and December. This happens because April, July, and October start on a weekend, and Jan. 1 is always a holiday. So, mark your calendars!

And remember, SSI payments are in addition to regular Social Security benefits for retirees. This program provides monthly payments to adults and children with limited incomes who also have blindness or another disability. It’s a lifeline for many people!

To qualify for SSI, you need to be over 65, partially blind, or have a physical or mental condition that seriously limits your daily activities for at least 12 months or may result in death. It’s designed to help those who truly need it.

So, get excited for that second June payment, and if you want to learn more, click here to read more from the Washington Examiner.