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Social Security Update: $914 Direct Payment Arrives Within Three Days

What is the update?

Millions of Supplemental Security Income recipients will receive the first of two December SSI payments from the Social Security Administration within three days, worth up to $914 for individual applicants.The first installment will be paid on Friday, December 1st.His second installment, which replaces the January payment, will be paid in four weeks on Friday, December 29th.

Typically, beneficiaries receive one payment each month, but because January 1st is a holiday and government schedules are disrupted, they always receive two payments in December.This year, the weekend will be December 30th and 31st.

What is the amount of the payment?

The maximum benefit amount depends on how the recipient applies.For individuals, the maximum payment is $914 per month.The maximum monthly payment for eligible couples is $1,371.Essential individuals who live with someone receiving SSI and provide necessary care will receive payments of up to $458 per month.

Why are there two payments in December?

Because January 1, 2024 falls on a Sunday, SSA will make two payments in December.SSA typically issues his SSI payment on the 1st of the month.However, if the first day falls on a weekend or federal holiday, payment will be made on the last business day before the first business day.

What do I need to do?

“You can pay without doing anything.If you have a direct deposit, it will be automatically deposited into your bank account.Otherwise, a check will be mailed to you.”

Here are some additional details about the SSI program:

SSI is a federal program that provides financial assistance to low-income individuals who are disabled, visually impaired, or over the age of 65.To qualify, you must meet certain income and asset limits You can apply for SSI online or by phone, or in person at your local Social Security office.