United States: Why Social Security Will Pay Double in June | composition

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United States: Why Social Security Will Pay Double in June |  composition

If you are a beneficiary of the scheme Additional security income (SSI), you should know that you will get double payment in June and here we explain why.

He Provides monthly payments to adults and children with disabilities or blindness who have income and resources below certain financial thresholds. It pays off People with low economic income (salary, pension, resources).

The chart below shows the maximum income and resources you can qualify for SSI (Photo: SSA)

Find out below how this benefit will be paid in June, according to the Social Security Administration (SSA) calendar.

Why double SSI payment in June?

Beneficiaries are paid on the first day of each month, according to the Social Security Administration’s (SSA) 2023 calendar. On June 1, i.e. Thursday, the payment for that month will be made, and since July 1 is a Saturday, the contribution will be made earlier: June 30.

According to the calendar of 12 annual payments, when Day 1 falls on a weekend or holiday, payment is made before the beginning of the month.

What are the amounts received by each type of beneficiary?

Next, these are the amounts of federal payments that will apply from January 2023. .

  • Single person: US$914
  • Couple: $1,371
  • Essential persons: US$458.

To use: You may receive a higher amount if you live in a state that pays SSI. You may receive less if you or your family have other income. Where and with whom you live also makes a difference in your SSI payment amount.

What is the SSI payment schedule in 2023?

Below, find the remaining payment dates for SSI recipients, according to the 2023 Social Security calendar:

  • June: Thursday June 1
  • Julio: Friday June 30
  • August: Tuesday August 1st
  • September: Friday September 1
  • October: Friday September 29
  • November: Wednesday November 1
  • December: Friday 1 December.
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According to the calendar of 12 annual payments, when Day 1 falls on a weekend or holiday, payment is made before the beginning of the month.

What are the requirements to access SSI?

To receive SSI, you must meet one of the following requirements in addition to having a low income:

  • Be 65 years or older.
  • Being totally or partially blind.
  • You have a medical condition that prevents you from working and is expected to last at least one year or cause death.
  • A minor below 18 years of age with physical or mental disability or blindness.

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