In just a matter of days, Supplemental Security Income recipients are set to receive their second payment of up to $914 for individual filers in September. This unique occurrence involves a double payment within the same month. Typically, when there are two payments in a month, the second one is issued on the final day of that month. However, in the specific scenario of October, the first payment falls on a Sunday, necessitating the distribution of the month’s second payment on September 29, as September 30 is a Saturday.
The second payment is scheduled for September 29th and will serve as a substitute for October’s payment. It comes nearly a month after the initial payment disbursed on September 1st. This double payment arises from a peculiar scheduling peculiarity within the Social Security Administration’s calendar, granting recipients two payments in a single month when the first day of the subsequent month falls on a weekend.
2023’s Unique Social Security Payment Schedule and Eligibility Criteria
Recipients typically receive a single payment each month, but there are four months this year during which beneficiaries will receive two payments: March, June, September, and December. This occurrence arises because the first day of the month falls on a weekend in April, July, and October, while January 1 is consistently observed as a holiday.
The payment amount beneficiaries receive depends on their filing status for benefits. For individuals, the payment rate can be as high as $914 per month. Eligible couples may receive up to $1,371 per month, while essential persons, residing with an SSI recipient and providing vital care, are entitled to a monthly payment of $458.
To be eligible for the Supplemental Security program, an individual must be either 65 years or older and meet specific financial criteria. Individuals under the age of 65 may also qualify if they are partially blind, have a physical or mental condition that significantly restricts their daily activities for at least one year, or if such a condition is expected to result in death.
Children may also be eligible for these payments under specific circumstances. If a child is partially blind or has a physical or mental condition that restricts their daily activities for a duration of at least one year, and if their parents or legal guardians have limited income or savings, they can qualify for these benefits.
It’s worth noting that these payments have a history dating back to January 1974 when they were first introduced by the Social Security Administration. Since 1975, the payment rates have seen periodic adjustments to account for changes in the cost of living, as administered by the agency. This ensures that the assistance provided remains in sync with the evolving economic landscape and the needs of the beneficiaries.
Can children qualify for SSI payments?
Yes, children can qualify for Supplemental Security Income (SSI) payments. The requirements include the child being either blind or disabled, and there is no minimum age requirement for eligibility ssa.gov. The child may be eligible for SSI disability benefits until they turn 18.
The child’s disability must result in severe functional limitations and must be expected to last at least 12 months or result in death. The child’s income, if any, is also considered. A child who isn’t blind must not earn more than $1,350 per month, and a child who is blind must not earn more than $2,260 per month.
The income and resources of the child’s parents are also taken into account, a process known as “deeming”. For 2023, single parents with one eligible child can earn up to $3,689 per month, and two-parent households can earn up to $4,329 per month. If the family has more than one eligible child, the income limits are higher.
The child’s eligibility for SSI also depends on their residency status. They must live in one of the 50 states, the District of Columbia, or the Northern Mariana Islands, with the intention to continue living within these geographic limits.