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Supplemental Security Income bRecipients will receive a rare second payment in the month of September in just under two weeks, and individual taxpayers could see a maximum of $914.
The rare second payment will be made on Friday, September 29, replacing the October monthly payment due to a quirk in the Social Security Administration calendar. The first payment of the month was issued on September 1.
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Filers typically receive a payment each month, but in cases where the installment falls on a weekend, recipients receive the payment on the last business day of the previous month.
To qualify for the federal program, which is separate from regular Social Security retirement checks, a person must be 65 or older and must meet specific financial requirements. People under age 65 may qualify if they are at least partially blind or have a physical or mental condition that seriously limits their daily activities for at least one year. They may also qualify if their condition is expected to result in death.
Children may also qualify for SSI payments if they are at least partially blind or have a physical or mental condition that seriously limits their activities for at least one year, and their parents or guardians meet certain financial conditions.
Payment amounts depend on the filer’s income, living situation, assets, and other factors. For those who applied as individuals, the payment rate is up to $914 per month. Eligible couples also receive payments, but theirs are worth up to $1,371 per month. Essential people, who live with someone who receives SSI and provide them with necessary care, receive a monthly payment of $458.
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Two SSI checks will be sent during the months of March, June, September and December 2023, while the rest of the months will only receive one check that will arrive on the first of each month.
The payments were first issued by the Social Security Administration in January 1974, and payment rates have increased for cost-of-living adjustments since 1975. according The agency.