7.5 million people rely on Supplemental Security Income (SSI), with payments typically made on the first day of each month, but holidays or weekends may cause delays.
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1415 September Payment Schedule: Supplemental Security Income (SSI) is very important to the 7.5 million people who depend on it. Payments are usually made on time, but sometimes there are exceptions, like the one that is coming up in September.
The Social Security Administration (SSA) usually sends out SSI checks on the first of every month. If this date is a holiday or weekend, though, the SSA moves the payment to the working day before.
It happened twice already this year, in January and June. Since September’s first day occurs on a Sunday, this will happen again in September. As a result, those who are eligible for this benefit should anticipate receiving their payment on Friday, August 30.
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The Social Security Administration advises you to wait three business days before visiting your bank to make sure there are no issues on their end if your payment isn’t received on the appointed date. If everything checks out with your bank, you can get more information by calling the closest Social Security office.
In 2024, the maximum benefit that a single SSI recipient can receive is $943. Couples participating in the program, however, are eligible to receive up to $1,415 every month. The ultimate SSI payment in both situations is determined by whether and how much the beneficiaries earn in other sources of income.
For every $2 you get from your job, the SSA takes away $1 from you. Work is defined by the Administration as any activity that generates revenue, including employment and self-employment.
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The amount of your SSI may also be impacted by non-work-related income sources. These consist of pensions, unemployment benefits, and disability benefits. For every $1 you get from any of these sources, the SSA will remove $1.
For recipients, SSI continues to be an essential source of income, even with potential deductions for any of these reasons. Consequently, to know when to check your bank account or mailbox, you must be informed of any changes in the dates of payments.
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