Supplemental Security Income beneficiaries are set to receive the first of two payments in March, each worth $914, in a little under three weeks.
The SSA is issuing two SSI checks next month due to the following month, April, starting on a weekend. When that happens, SSI recipients receive two payments the month prior, the first payment on the first day of the month and the second on the last business day of the month, according to the Social Security Administration’s schedule.
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The first payment, which will be issued on March 1, will be $914 for individual recipients, and the rate for eligible couples will be $1,371. Essential persons, people who live with someone receiving SSI and provide necessary care for them, will receive payments of $458.
The second of these double payments will be issued at the end of next month on March 31. It will be for the same recipients who received the first. The second payment will serve as April’s payment.
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For the rest of 2023, there will be three other months in which two payments will be delivered to recipients: June, September, and December. These months are receiving double payments because the first of the month falls on a weekend in July and October, while Jan. 1 is always a holiday.
The Social Security Administration first issued SSI payments in January 1974. Payment rates have increased for cost-of-living adjustments since 1975, according to the agency.
