MILLIONS of Supplementary Security Income (SSI) recipients are set to receive a second check later this month.
SSI payments are usually sent on the first of the month, except for when the day falls on a weekend or holiday.
The first payment of this month was sent on September 1 and because October 1 falls on a Saturday, recipients can expect their next check on September 30.
The maximum federal SSI payment for this year is $841 per month, and with this month’s double benefits, the September amount totals up to $1,682.
Meanwhile, 33 states administer their own supplemental payments in addition to the federal SSI monthly checks, which are typically paid at the same time as the federal benefits.
Read our Supplemental Security Income live blog for the latest news and updates…
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SSI back pay, explained
Getting approval for SSI can take months.
In some cases, you may qualify for payments for the period of time between your application date and the date you were approved.
If your initial application was denied, and you appealed and were approved, you may have even more incentive to apply for back pay.
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Changes Americans are willing to make to fix SS, conclusion
The change voters were least likely to support was increasing benefits for beneficiaries over 80.
Increasing benefits wouldn’t better the funding issues, but it could help seniors make ends meet throughout their retirement.
This change would actually increase the program’s shortfall by five percent.
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Changes…
