Social Security update: Direct payment worth $914 arrives in two days
Misty Severi
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Supplemental Security Income program recipients will receive the first of two payments for September, which are worth up to $914 for individual filers, in just two days.
The payment that goes out on Friday, Sept. 1, is the first of two payments that will go to beneficiaries next month because of a scheduling quirk in the Social Security Administration’s calendar.
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September’s second payment will go out toward the end of the month, on Sept. 29, and will replace October’s payment.
The payment amount for beneficiaries varies depending on how they file for the benefits. For individuals, the rate for payments is up to $914 per month. The rate for eligible couples is up to $1,371 per month. Essential persons, or those who live with someone receiving SSI and provide them with necessary care, have a monthly payment of $458.
In order to qualify for the Supplemental Security program, a person has to be over 65 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.
Children can also qualify for the 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.
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Recipients normally just receive one check each month, but there are four months in which 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. The second payment replaces the ones for the following month.
These 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.