Supplemental Security Income beneficiaries are 21 days away from their monthly payments worth $914 for individual filers.
Supplemental Security Income beneficiaries are 21 days away from their monthly payments worth $914 for individual filers.
The payments will be sent out to eligible recipients on May 1, and different amounts will be distributed to individual filers, joint filers, and essential persons.For individual participants, the rate for payments is $914 per month, and the rate for eligible couples is $1,371. Essential persons, people who live with someone receiving SSI and provide them with necessary care, have a monthly payment rate of $458.
The payments are delivered to beneficiaries on the first day of the month. When the first of a month falls on a weekend or a holiday, the Social Security Administration issues monthly SSI checks on the business day prior to that so recipients can have the check by the first of the month, per the agency.This results in recipients getting two checks in the same calendar month multiple times a year. However, beneficiaries continue to receive a total of 12 checks per year.
SSI payments were first issued by the Social Security Administration in January 1974, with payment rates increasing for cost-of-living adjustments since 1975, according to the agency.
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