Social Security Administration (SSA) is responsible for sending money every month to recipients of Supplemental Security Income (SSI), disability benefits, and survivors who are retired workers. While they continue sending May checks, they are preparing to send June benefits at the same time, but with a twist. Some beneficiaries will receive two payments instead of the usual one.
Who Will Get Two Payments in June?
SSI beneficiaries will receive two payments in June. Sometimes SSI recipients receive two payments in a single month, while at other times, they may not receive any payment at all. The reason behind this disparity is the calendar.
When Are SSI Payments Usually Sent?
The SSA sends SSI payments on the first day of every month. However, if the first day of the month falls on a weekend, the payments are sent in advance. If the first day falls on a Saturday or Sunday, the payment for the current month is sent on the last Friday of the previous month. This scenario will occur in June, which is why certain beneficiaries will receive two payments.
How Are SSI Amounts Calculated?
The average payment for SSI beneficiaries is around $650. However, the maximum amount that an individual or married couple can receive is $914 and $1,371, respectively.
When Will the June SSI Payments Arrive?
SSI recipients will receive their usual payment on June 1. Additionally, they will also receive a second payment on June 30, which corresponds to the payment for July. This payment is sent earlier than usual since the first day of July falls on a Saturday.
SSI beneficiaries will receive two payments in June, but none in July. Knowing this schedule will allow recipients to plan their finances accordingly.