The Social Security Administration (SSA) has confirmed an additional Social Security payment worth over $1,000 in August for Supplemental Security Income (SSI) beneficiaries. If you qualify for SSI, you could be eligible to receive up to $2,800 in total benefits due to the double payments scheduled for August 1st and August 30th. This adjustment is made because the first of September falls on a weekend, prompting the SSA to move the monthly payment to the prior business day. Here’s everything you need to know about the upcoming SSI payments and how to stay informed.
Payment Schedule
SSI benefits are typically paid on the first day of the month. However, when the first day falls on a weekend or holiday, the payment is issued on the last business day of the preceding month. This adjustment ensures that beneficiaries receive their payments without delay. Below is the schedule for the remaining SSI payments this year:
- Monday, July 1
- Thursday, August 1
- Friday, August 30 (for September)
- Tuesday, October 1
- Friday, November 1
- Friday, November 29 (for December)
Mark these dates on your calendar to stay organized and ensure you don’t miss any payments.
Eligibility
The extra payment in August is due to the first of September falling on a Sunday. SSI recipients will receive two payments in August: one on the 1st and another on the 30th. This arrangement results in an extra $1,000 or more, depending on your eligibility. Here’s a breakdown of who qualifies for the extra payment:
- Individuals with low income and resources who are blind, 65 years or older, or have a qualifying impairment.
- Blind persons, disabled adults, and children may also qualify.
- Couples who file jointly will receive an additional $1,415, totaling $2,800 in monthly benefits in August.
SSI Payments
On average, SSI recipients receive the following amounts per month:
| Category | Regular Payment | August Total Payment |
|---|---|---|
| Individual | $658 | $1,316 |
| Individual (Blind) | $943 | $1,886 |
| Couple | $1,415 | $2,830 |
These payments are essential for covering living expenses and ensuring financial stability for recipients.
Future Adjustments
SSI payments are subject to adjustments based on the cost-of-living adjustment (COLA). Keep an eye out for announcements later this year regarding potential increases in your monthly benefits. The SSA regularly updates benefits to reflect changes in the cost of living, ensuring that recipients maintain their purchasing power.
Missing Payments
If your double payment does not arrive on the scheduled date, the SSA recommends waiting at least three mail days before contacting them. For direct deposit recipients, payments should arrive on the scheduled date, though processing times may vary depending on your bank.
Changes
The SSA has announced that more people may soon be eligible for SSI due to a recently approved rule expanding the definition of a household eligible for public assistance. Starting September 30, a means-tested public assistance household will include at least one SSI applicant or recipient along with other recipients. This change aims to provide more comprehensive support to those in need.
Staying informed about your Social Security payments is crucial for effective financial planning. The additional payment in August provides significant support for SSI recipients, helping cover expenses during the summer. Keep track of the payment schedule, stay updated on potential COLA adjustments, and be aware of upcoming changes to ensure you receive the benefits you are entitled to.
FAQs
Who qualifies for the extra $1,000 SSI payment in August?
SSI recipients will receive an extra payment due to the first of September falling on a Sunday.
When will the double SSI payments be issued?
Payments will be made on August 1st and August 30th.
How much can individuals and couples receive in August?
Individuals can receive up to $1,886, and couples can receive up to $2,830.
What should I do if I don’t receive my payment on time?
Wait at least three mail days before contacting the SSA.
Are there any upcoming changes to SSI eligibility?
Yes, starting September 30, more people may be eligible due to a broader definition of eligible households.