Supplemental Security Income beneficiaries will receive an odd payment schedule this year, with payments distributed on the first business day of the preceding month, excluding June.
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SSI Second Payment: Beneficiaries of Supplemental Security Income (SSI) will find an odd payment schedule this year. Receivers got two SSI checks in May; they will not get any in June. Here’s the rationale and what to anticipate going forward for the year.
Every month, the Social Security Administration (SSA) distributes SSI payments on the first. Should the first fall on a weekend or a holiday, the payment is made on the last business day of the preceding month.
This took place in May, and June 1 was a Saturday. Because of this, payments for June were sent out on May 31. Because of this, there will be no more payments in June.
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Looking ahead, August will bring a similar scenario. The SSA will pay September payments on Friday, August 30, since September 1 falls on a Sunday. Receivers will thus get two payments in August.
Here are the dates you should anticipate receiving your SSI payments for the rest of 2024 to help you stay organized:
Individuals with limited income and resources who are blind, 65 or older, or have a qualifying disability are eligible for SSI benefits. SSI also goes to blind or disabled children. These benefits, which are under the SSA’s management, aim to assist those in need financially.
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Later this year, SSI recipients might see a boost in their payments. Keep an eye out for any announcements about increases since the SSA regularly changes benefits to fit changes in the cost of living.
If your payment does not arrive on the designated date, the SSA advises allowing three extra mailing days before getting in touch. For those getting direct deposits, payments should show up on the designated date, but the timing may depend on how quickly your bank handles things.
Maintaining knowledge of your benefits and payment schedule will help you guarantee that you get your SSI payments without problems.
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