Why There Will Be an Extra Social Security Payment in August – First Deposit is Today

Supplemental Security Income (SSI) are entitled to double payments for the month of August. Here's why that will happen.

Why does the SSA will send some beneficiaries two payments in August.

If you are still wondering what SSI or Supplemental Security Income is and how it works, this is a federal program that provides monthly payments to people with low resources and income, SSI is for people aged 65 or older, as well as for people of any age who are blind or with disabilities, including children, in order to receive SSI, you must meet at least one of these requirements.

Be 65 years of age or older, be totally or partially blind, have a medical condition that does not allow you to work and that is expected to last for at least a year or cause your death.

To qualify for SSI, your income must include the money you earn, your Social Security benefits, your pensions and the value of the things you receive from someone else, where you live, the amount of income you can count on monthly and still receive SSI payments influences, each state has its own rules.

Certain times a year, Supplemental Security Income (SSI) recipients receive two monthly payments, but those double deposits are not extra money, but advance payments for the following month.

In the month of August, people who receive SSI benefits will receive a second check before the month of September starts, here’s what you need to know about that second payment.

Why Are You Getting Two SSI Payments in August?

The Social Security Administration (SSA) usually issues SSI payments on the first day of each month, but if that date falls on a weekend or holiday, SSI turns over your payment ahead of schedule, on the last business day of the previous month.

This schedule ensures that those people who depend on SSI have the money they need the day the month starts, the second payment of SSI is not an extra payment, it is the payment of the next month that is credited to their account a few days in advance.

Double SSI Payments in August

Check Your Bank Account — First SSI Payments to Arrive Today

Your SSI payment for the next month of August of this year, will be available on August 1, and a second payment will arrive to your account on August 30, this because the second payment corresponds to the payment of the month of September, the next SSI payment after that will not be made until October 1.

How Will the Second SSI Payment Be Made

The SSI payments are made in two ways, for beneficiaries with bank accounts, the payments are made as direct deposits, for those beneficiaries who do not have bank accounts or who prefer a more tangible method, the payments are added to the accounts of the beneficiaries with Direct Express cards, the second payment in August will be made with the method you have chosen.

Do I need to contact SSA if I receive a second SSI payment in a month?

If it is a planned payment because the first day of the following month falls on a weekend or a federal holiday, you do not have to contact any entity, you can check the payment schedule on the SSA website, but if you receive a second payment when it is not scheduled, it is better to contact the SSA immediately.

But, Is a second SSI check paid a different way? No, if the SSA makes two SSI payments in one month, both will be paid the same way you signed up to receive your funds.

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