The second of March's two payments will be sent to Supplemental Security Income beneficiaries in six days, according to the Social Security Administration's schedule. The second payment, worth $914 for individual filers, will be delivered on March 31.
The second payment, worth $914 for individual filers, will be delivered on Friday, March 31. It will take the place of April's monthly payment because April 1 is on a Saturday this year. The first March disbursement was sent out to eligible recipients on the 1st. Since there are two disbursements in March, individual recipients should receive a total of $1,828 this month.Eligible couples will receive two payments of $1,371 in March.
The SSA typically only issues one monthly SSI check on the first day of the month, but when the first day of a month is on a holiday or weekend, the administration releases that month's check on the last business day of the previous month to ensure recipients have the check by the first, according to the agency.
There are three other months in which people will 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 SSA in January 1974, and payment rates have increased for cost-of-living adjustments each year since 1975, the agency said.
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