In August, Supplemental Security Income (SSI) beneficiaries will get a special bonus: a double SSI payment. This means if you qualify for SSI benefits, you could receive up to $2,800 in August. This extra payment happens because the first of September falls on a weekend, causing the Social Security Administration (SSA) to move the payment to the last business day of the previous month.
Read on to learn about the SSI program, upcoming payment dates, and who qualifies for this special payment.
Understanding SSI Payments
What is SSI?
Supplemental Security Income (SSI) provides financial support to people with limited income and resources. This includes older adults, people who are blind, disabled individuals, and some children. SSI payments help cover living expenses for those in need. On average, SSI recipients receive about $658 per month, but this can vary based on individual circumstances.
August’s Double Payment
In August, SSI recipients will get two payments. Normally, SSI benefits are paid on the first of each month. If the first falls on a weekend or holiday, payments are made on the last business day of the previous month. Since September 1 is a weekend, August payments will include an extra check. Here’s a summary of the payment schedule:
Friday, May 31 (for June)
Monday, July 1
Thursday, August 1
Friday, August 30 (for September)
Tuesday, October 1
Friday, November 1
Friday, November 29 (for December)
Who Gets the Double Payment?
Eligibility for Double Payments
The double SSI payment in August will go to individuals who qualify for SSI benefits. This includes people who are blind, disabled, 65 years or older, or have a qualifying handicap. Families with limited income and resources may also qualify. For example, SSI recipients who normally receive $658 per month will get $1,316 in August, while couples might get up to $2,830.
Upcoming Increases
Later in the year, there might be additional increases in SSI payments. The SSA often adjusts benefits based on the cost of living adjustment (COLA). Keep an eye out for news about any changes to your benefits.
New Rule Expanding SSI Benefits
What’s Changing?
A new rule will expand the number of people eligible for SSI benefits. Starting September 30, households receiving Supplemental Nutrition Assistance Program (SNAP) benefits will be considered for SSI if they have at least one member who is a current SSI recipient. Previously, every member of a household had to receive public assistance for the household to qualify.
How Will This Affect You?
The expanded rule means more households will qualify for SSI benefits, and some current recipients may see an increase in their monthly income. If you think you might qualify under the new rule, check with the SSA for more details.
August’s double SSI payment is a great opportunity for beneficiaries to receive extra support. Make sure you know the payment dates and check your eligibility for this benefit. Also, stay informed about any upcoming changes to your SSI benefits, including the new rule that could expand eligibility. Understanding these details can help you make the most of your benefits and better plan your finances.
FAQs
What is the double SSI payment in August?
In August, SSI beneficiaries will receive two payments because September 1 falls on a weekend. The payments will be made on August 1 and August 30.
Who is eligible for the double SSI payment?
Individuals who qualify for SSI benefits, including those who are blind, disabled, or over 65, will receive the double payment if their regular payment schedule is affected by the weekend.
What should I do if my double SSI payment doesn’t arrive on time?
If your payment doesn’t arrive on the scheduled date, wait an extra three mailing days before contacting the SSA. Direct deposit payments should be available on the scheduled date, but processing times may vary.
What are the upcoming SSI payment dates?
Upcoming SSI payment dates are:
August 1
August 30 (for September)
October 1
November 1
November 29 (for December)
How will the new rule affect SSI benefits?
The new rule, effective September 30, will expand eligibility for SSI benefits to households receiving SNAP benefits. This change could result in increased benefits for some recipients.