Posted on 08/17/2022 6:24:36 AM PDT by Red Badger
The first half of a massive double Social Security payment for September is set to go out in just 16 days.
The first payment for eligible individuals, worth $841, will arrive on Sept. 1, while the second one, worth the same amount, will be given at the end of the month. Because some months start on a Sunday, there are three months in 2022 that gave or will give recipients a paycheck twice in one month. The three months are April, September, and December.
However, the funds do not change the total amount a person gets. The Social Security benefit on Sept. 30 will replace the disbursement on Oct. 1. Likewise, the one on April 30 replaced the May 1 payment.
Social Security will be unable to pay out full benefits by 2035 without action from Congress, according to Social Security trustees. However, Reps. John Larson (D-CT) and Pramila Jayapal (D-WA) have called for a vote in Congress to extend Social Security benefits this fall by agreeing to the Social Security 2100 bill, which would increase all checks by 2% of the average benefit, according to CNBC.
“It’s long overdue that we make sure that we’re enhancing a program that they need, especially during this pandemic,” Larson told the outlet of the program’s beneficiaries.
Other changes proposed in Larson's bill would include increasing benefits for widows and widowers, applying caregiver credit to people who do not work in order to care for children and other family members, and extend benefits for students up until the age of 26. The funds for the bill would come from taxes on those who make more than $400,000 a year, the bill proposes, according to CNBC.
I wouldn’t trade being retired
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Glad to hear you say that. I feel the same. I retired in 1999 at age 54 (Not S.S.) I’ve never regretted it.
The article at this link is a little more clear on the subject. https://www.al.com/news/2022/08/social-security-payments-ssi-recipients-will-get-2-checks-worth-up-to-1682-in-september.html
My dad died when I was 5. My mom, sister, and I got checks in the mail on the 3rd of each month.
The 3rd was monthly “Step-dad shows up day.” I never saw a check.
“Take it as soon as you can. Tomorrow ain’t guaranteed”
1. Already did it
2. AMEN
from link:
Millions of Supplementary Security Income recipients will be receiving two payments in September. But the double payments have to do with timing and not extra money.
The first SSI payment of up to $841 will be made starting on Sept. 1. The second will arrive by the end of September. September is one of only two months that give recipients two payments, the other being December.
According to the Social Security Administration, in some months, SSI benefits are paid both on the first of the month and the last Friday of the month, with no payment on the 1st of the next month because it falls on a Sunday. For 2022, this is true for April, September, and December, meaning there was no payment on May 1 and there won’t be one on Oct. 1 or Jan. 1, 2023.
You can go here to see a complete payment schedule.
fyi
SSI provides monthly payments to adults and children with disabilities or blindness who have income and resources below financial limits. SSI payments are also made to people aged 65 and older who meet financial qualifications.
Eligible individuals can receive $841 per month, or $10,092 per year. Eligible couples can receive $1,261 per month, or $15,136 per year. Someone deemed an “essential person,” meaning they live with an SSI recipient and provides them with basic care – are eligible for $421 per month, or $5,057 per year.
Me too. But started at 64 since I was being compensated well enough at my place of employment* the SSA would have penalized me. Mrs rktman plans on starting hers day one when she hits 62.
*Notice I didn’t say “work” or “job”. 😂✌
You know the casinos will be full that weekend.
And the BINGO Halls..........................
If I’d of had my 30 years of service I coulda actually retired at 56 1/2 but I didn’t get there until 59 1/2. But when I did get there I was in the wind asap.
Over 31 years I remember hearing about probably half dozen employees dropping dead right there at work......I made myself a promise way back that I wasn’t about to be one of ‘em.
I’m def not on that list.
I get my SS on the 3rd of the month the 3rd of Sept is Saturday so I would get my SS on Friday the 2nd, see this around on the net it is BS click bait
Boomers are 1946-1964.
And that’s still way below the inflation rate.🤔
I always get my social security directly deposited on the second Wednesday of the month. I hope they're not saying that the regular amount will be broken into two payments, because like most people, I have payments automatically deducted from my checking account that relies on the full amount being deposited when it's supposed to be.
The September benefit is actually for the month of August that has already passed. If they are going to lag the payment into two checks, then they'd better pay interest on the money they are holding for the second check. The government doesn't pay you ahead. They are always behind. If a SS recipient died on any day in August, even the 31st, they will not get a check, even a partial one for August. My sister died on September 2nd, her birthday in 2011. I always thought she waited until her birthday, so the government would have to send her that check for August.
I don’t know what the F*ck they’re talking about. Nobody I know gets a social security check on the 1st or 30th of any month. I get my social security on the second Wednesday of each month. It doesn’t matter whether the month starts on a Sunday or not, you only get one check, and it is never for the current month, but for the previous month, because the government will not issue you a check if you died in that previous month. This article is very confusing, and any change the government makes in the dates, or amount of your social security payments, you should receive an official SS/Treasury notification in the mail regarding the change(s), especially if you have direct deposit.
Apparently this is only for SSI folks.....................
Thanks. But it still doesn't make any sense, because I've known some people, and still know a person who is on SSI, and none of them ever got paid on the 1st or 30th of the month. They had the same dates as people getting regular SS checks, ie., 1st Wednesday, 2nd Wednesday, etc. of each month.
I'm confused between SS, SSI, SSDI.
According to the following site, since I am not disable and I am working, I should not qualify for SSI nor SSDI.
But this thread is only talking about Social Security, not SSI nor SSDI, right?
The above linked website compares the 3:
"To recap, both Social Security (SS) and SSDI (Social Security Disability Benefits) are funded through FICA taxes and are paid via the Social Security trust fund. You can begin taking your Social Security (SS) retirement benefits at age 62. But if you become disabled before you reach retirement age, you may qualify for SSDI benefits.
"SSI is also a disability benefit. But with Supplemental Security Income (SSI), you'll need to demonstrate financial need to qualify and you'll typically need be at least 65 years of age or older. Each of these programs can help relieve your financial burden when you can't work. But your maximum benefits will also be limited by your need or how much you've paid in."
After so many posts discussing this subject I am thoroughly dazed and confused!................................
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