Every month, approximately 71 million beneficiaries receive their monthly payments from the SSI. However, in April, there is one group that will not receive their payment. Each month, the Social Security Administration distributes monthly payments to almost 71 million beneficiaries. However, in April, there is one group that will not receive their check.
This is because the agency staggers the distribution of SSI payments based on several factors, such as the recipient’s date of birth, type of benefit, and when they first enrolled in Social Security. This process is necessary to manage the vast number of payments that need to be issued. Supplemental Security Income (SSI) payments are typically issued on the first day of each month. However, there are exceptions to this schedule.
What is the payment amount for SSI in April?
For instance, in 2023, the April payment was issued a day early on March 31st, due to April 1st falling on a Saturday. This change was not related to April Fool’s Day. Similarly, in 2023, SSI payments for July and October will also be issued in the month prior, i.e., June and September, respectively. This schedule adjustment is a regular occurrence. Additionally, at the end of each year, the first SSI payments of the following year are moved forward to the end of December. This is done to reflect the cost-of-living adjustments that the Social Security Administration implements annually by law.
The Social Security Administration provides benefits to retired and disabled workers and their survivors. The payment amount that each beneficiary receives is determined by various factors, such as the date when the worker started receiving Social Security and their Primary Insurance Amount, among other things. According to data from the agency, the average monthly payment for all types of benefits in January 2023 was $1,961.
Supplemental Security Income is designed to provide assistance to adults and children with disabilities who have income and resources below certain levels. Additionally, elderly individuals aged 65 and over who have limited financial resources can also be eligible for this support, as long as they meet the income and resource requirements.In January 2023, the average payment for all Supplemental Security Income beneficiaries was $677. The maximum payment amount for 2023 was raised to $914 for individuals and $1,371 for couples.
What is the schedule for sending out Social Security payments in April 2023?
For those whose birthdays fall within the following periods, Social Security payments for April 2023 will be distributed on the corresponding Wednesdays:
- April 12th: Birthdays between the 1st and 10th of any month
- April 19th: Birthdays between the 11th and 20th of any month
- April 26th: Birthdays between the 21st and 31st of any month.
Social Security payments for April 2023 will start being distributed on Monday, April 3rd to individuals who have been receiving benefits since 1997 or earlier. For the rest of the beneficiaries, the payment schedule is based on their birthdate.