SSI Payments: Here's Why You Won't Be Getting Money This April
SSI Payments schedule is usually distributed on the first day of every month unless it falls on a weekend or holiday.
In March, it was deposited in every recipient's bank account on March 1. However, the same scheduling will not be followed for SSI payments in April, according to CNET. The SSI payments in April will not be deposited in every recipient's bank account as they received two checks in March.
In addition, Social Security sent the check out on the nearest business day, which was March 31, as April 1 falls on a weekend. It means that the Social Security Administration sent out two SSI payments for the month of March.
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SSI Payments Schedule
Go Banking Rates noted that SSI beneficiaries will be getting two payments in June, September, and December.
Meanwhile, no payments were deposited in January. The same case will happen in April, July, and October. The extra payment can be considered an advanced payment for the next month.
SSI is a needs-based program and benefits that are distributed to low-income Social Security recipients with a disability.
Meanwhile, the SSA oversees the criteria for the eligibility of individuals applying for SSI. Some of the common criteria include being 65 or older; being partially or completely blind; or having a medical condition that keeps you from working, which is projected to last one year or result in death.
Depending on income and living arrangements, some states and U.S. territories provide additional payments for SSI benefits.
Meanwhile, some states and U.S. territories do not pay a supplement to SSI recipients, such as Arizona, Arkansas, Mississippi, North Dakota, and the Northern Mariana Islands. The list also includes Tennessee and West Virginia.
Social Security Benefits
SSA also offers retirement benefits, which are mostly based on the base Social Security benefits on your lifetime earnings. It also calculates the average indexed monthly earnings spanning the 35 years you are working, which then will base on the amount you earned the highest.
Individuals become eligible for retirement benefits once they reach the full retirement age of 62.
Meanwhile, the monthly retirement benefits depend on the age you retire.
If an individual were to retire at their full retirement age in 2023, their benefit would be $3,627.
If you retired at age 62 in 2022, your maximum benefit would be $2,572. If you decide to retire at age 70 in 2023, the maximum benefit would be $4,555.
The agency also offers Social Security Disability Benefits, which is also a benefit that provides aid to those who meet requirements.
Applicants are required to provide a birth certificate or other proof of birth, including proof of U.S. citizenship or lawful alien status if they were not born in the United States. There should also be medical evidence, such as medical records, doctors' reports, and recent test results.
Applicants can file their application through their local office, by phone, and through mailing documents required.
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This article is owned by Latin Post.
Written by: Mary Webber
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