A second round of payments of up to $914 for individual filers in September will go out to Supplemental Security Income recipients in 19 days as part of a double payment from the Social Security Administration this month.
The second payment will go out on Sept. 29 and will replace October’s payment. The disbursement falls nearly a month after the first payment, which went out on Sept. 1. The double payment is because of a scheduling quirk in the Social Security Administration’s calendar that gives recipients two payments in one month if the first of the next month occurs on a weekend.
Recipients usually just receive one check each month, which occurs on the first of the month, but there are four months that beneficiaries will get two checks this year: March, June, September, and December. This is because the first of the month is on a weekend in April, July, and October, and Jan. 1 is always a holiday.
In the rare instances where two payments go out in a month, the second goes out on the last business day of the previous month. In the case of October, the first is on a Sunday, placing the month’s payment two days early on Sept. 29 because Sept. 30 is a Saturday.
In order to be eligible for Supplemental Security Income payments, a person needs to be 65 or older and meet specific financial requirements. Those under 65 could also qualify if they are at least partially blind or have a physical or mental condition that seriously limits their daily activities for at least one year or is expected to result in death.
The payment amount for beneficiaries differs depending on how they file for the benefits. For those who filed individually, the rate for payments is up to $914 per month. The rate for eligible couples is up to $1,371 per month. Essential persons, who live with someone receiving SSI and provide them with necessary care, get a monthly payment of $458.
It is also possible for children to qualify for SSI payments if they are at least partially blind or have a physical or mental condition that limits their daily activities for at least a year and their parents or legal guardians have limited income or savings.
The payments were first issued by the Social Security Administration in January 1974, and payment rates have increased for cost-of-living adjustments since 1975, according to the agency.