The Social Security Administration has announced that the second payment in the double Supplemental Security Income payments for March, amounting to $914 for single filers, will be issued within three days. The final payment will be delivered on Friday, the last day of March, in lieu of April’s monthly payment, as April 1 falls on a Saturday. Eligible recipients have already received the initial disbursement, which covers March’s regular payment and was sent out on March 1. As a result of the two disbursements in March, individual recipients will receive a total of $1,828 this month.
In addition to eligible individuals, certain couples are also eligible for the double payment, with two payments of $1,371 to be received in March. Essential individuals who reside with an SSI recipient and provide them with critical care will receive two checks of $458 each. The Social Security Administration usually issues a single monthly SSI payment, which is sent out on the first day of each month. However, if the first day of the month falls on a holiday or weekend, the administration disburses the payments on the previous month’s last business day to guarantee that recipients receive their checks by the first, as per the agency’s guidelines.
An update on SSA: Individuals can expect a second direct payment in March, valued at $914, to arrive within three days
Individuals will receive double payments in three other months this year, namely June, September, and December, as the first day of the month falls on a weekend in July and October. Additionally, December has two checks every year due to Jan. 1 being a national holiday. This implies that there will be no checks in January, July, and October.
According to the Social Security Administration, SSI payments were initially introduced in January 1974, but they have been adjusted for cost-of-living increases every year since 1975. These supplementary payments are distinct from the monthly retirement pay received by retirees.