November 24, 2024
Supplemental Security Income beneficiaries will receive the second of two payments in March in two weeks.
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Supplemental Security Income beneficiaries will receive the second of two payments in March in two weeks.

The first disbursement was sent out to eligible recipients on March 1, and the second payment will be delivered on March 31. The additional payment will take the place of April‘s payment because April 1 will be on a Saturday this year. Each payment is worth $914 for individual filers, meaning those recipients will get $1,828 total in March.

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The Social Security Administration typically issues one monthly SSI check on the first day of the month. But when the first day of a month is a holiday or weekend, the administration releases the checks on the last business day of the previous month to ensure recipients have the check to pay their bills by the first, according to the agency.

Other groups will see the double payment as well. Eligible couples will receive two payments of $1,371 in March, and essential people, who live with a person receiving SSI and provide them with necessary care, will get two checks of $458 each.

Recipients receive two checks in the same calendar month multiple times a year, but they still receive a total of 12 payments per year.

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Three other months will also see two payments this year: June, September, and December. This is because the first of the month falls on a weekend in July and October. December sees two checks every year because Jan. 1 is a national holiday.

SSI payments were first issued by the Social Security Administration in January 1974, and payment rates have increased for cost-of-living adjustments each year since 1975, the agency said. The supplemental payments are separate from the retirement pay that citizens receive each month.

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