Supplemental Security Income (SSI) recipients will receive two payments in March, according to the SSA’s schedule of Social Security benefits for 2023.
Unless the first of the month comes on a weekend or holiday, SSI checks are normally deposited on the first of the month.
SSI recipients To Receive 2 Payments
If you received Social Security before May 1997, or if you get both Social Security and SSI, your Social Security payment will be made on March 3rd, and your SSI payment will be made on March 1st and March 31st. (instead of a check at the beginning of April).
Due to a glitch in the payment schedule, SSI recipients receive two payments in March, June, September, and December, with no payments made in January, April, July, and October. When the first of the month falls on a weekend or holiday, this occurs. The extra payment might be viewed as a payment advance for the next month.
If you do not get your payment on the expected date, the Social Security Administration recommends waiting three extra mailing days before contacting Social Security.
You can anticipate getting your money on the predicted date if you receive a direct deposit, however, this may vary depending on your bank.
Read more: Social Security benefit: When to receive double payment in April?
Criteria For Supplemental Security Income (SSI)
SSI is a needs-based program that provides benefits to low-income Social Security claimants who have a disability. The program is overseen by the Social Security Administration, and to be eligible for SSI, you must meet the following criteria:
- Are over the age of 65, blind, or disabled.
- Have a limited budget (wages, pensions, etc.).
- Have few resources (the things you own).
- Are US citizens, US nationals, and certain noncitizens.
- You must be a resident of one of the 50 states, the District of Columbia, or the Northern Mariana Islands. Puerto Rico, Guam, and the US Virgin Islands are not included. Exception: Children of military parents deployed to permanent service outside the United States, as well as certain students temporarily overseas, may receive SSI benefits outside the United States.
Children Who Are:
- Are under the age of 18 and have a physical or mental condition(s) that severely restricts their everyday activities for a period of 12 months or more or that may result in death, and
- Live in a home with limited income or resources (benefits based on need).
The Social Security Administration calculates your federal SSI benefit amount by subtracting your countable unearned and earned income from the maximum federal benefit amount.
The maximum monthly sum for an eligible individual in 2023 is $914, $1,371 for an eligible couple, and $458 for an essential person. The maximum SSI benefit amount fluctuates based on annual cost-of-living adjustments (COLAs) that are linked to inflation. The rise in 2023 is due to an 8.7% COLA increase.
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