Social Security update: $914 direct payment arrives in 48 hours.

Double Payment for Social Security Recipients in June

Exciting news for recipients of the Social Security Administration’s Supplemental Security Income program! In just two days, on June 30, you will be receiving a second payment for the month of June. This additional payment, worth up to $914 for individual filers, is due to a scheduling quirk in the SSA’s calendar.

Why the Double Payment?

Typically, recipients receive one payment each month. However, this month is special because of a small scheduling anomaly. When the first of the following month falls on a weekend, recipients are granted two checks. In this case, the second payment for June is taking the place of July’s payment since July 1 falls on a Saturday this year.

This adjusted schedule ensures that beneficiaries still receive 12 checks per year, even though some months have two payments while others have none. In 2021, there are four months with double payments: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October, and Jan. 1 is always a holiday.

Varying Payment Amounts

It’s important to note that the amount of money each beneficiary receives varies. The payment depends on whether they file individually, jointly, or as an essential person. Individuals can receive a maximum of $914 per month, eligible couples can receive up to $1,371, and essential persons, who provide necessary care to those receiving SSI payments, get a monthly payment of $458.

Remember, SSI payments are separate from regular Social Security benefits. The program specifically provides monthly payments to adults and children with blindness or disabilities who have limited income.

Qualifying for SSI

To qualify for SSI, you must be over 65 and meet specific financial requirements. Alternatively, you can be partially blind or have a physical or mental condition that significantly limits your daily activities for at least 12 months or is expected to result in death.

SSI payments have been issued since January 1974, and payment rates have increased for cost-of-living adjustments since 1975, according to the SSA.

For more information, click here to read more from the Washington Examiner.