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Social Security will send payments of up to $914 in two weeks – El Diario NY

The News GlorybyThe News Glory
19/09/2023
Social Security will send payments of up to $914 in two weeks – El Diario NY

People receiving Supplemental Security Income will receive another payment in September, in about two weeks. If you file your taxes individually, you could receive up to a maximum of $914.

The second payment will be made on September 29, which is not usual because there is usually only one payment per month.

This second payment will replace the one you would normally receive in October, due to a change in the Social Security Administration calendar. The first payment for September was already made on the 1st of this month.

Typically, filers receive a monthly payment, but When the payment date falls on a weekend, beneficiaries receive their payment on the last business day of the previous month.

To receive benefits from this federal program – which are different from regular Social Security retirement payments – you must be at least 65 years old and meet certain specific financial requirements.

People who are under age 65 may be eligible if they are partially blind or have a physical or mental condition that severely affects their daily activities for at least one year.

Children may be eligible to receive Supplemental Security Income payments if their vision is at least partially impaired or if they have a physical or mental condition that seriously affects their activities for at least one year, and if their parents or guardians meet certain requirements. financial.

The amount of money beneficiaries receive depends on how much they earn, their living situation, their assets, and other factors.. If they file taxes individually, they could receive up to $914 a month.

Couples filing taxes jointly could receive payments of up to $1,371 each month.

Those essential people, who live with someone who receives Supplemental Security Income to care for them, get a monthly payment of $458.

During the months of March, June, September and December 2023, two Supplemental Security Income payments were or will be sentwhile in the other months they will only receive a payment that will arrive on the first day of each month.

Keep reading:
· Social Security: who will receive direct payments of up to more than $4,000 on Wednesday
· COLA for 2024 in Social Security checks: new estimate from The Senior Citizens League raises calculation to 3.2%
· 3 Social Security myths that many still believe are true

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