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Social Security payments: First half of $1,682 direct payment to be sent in 16 days
The Washington Examiner ^ | by Misty Severi, Breaking News Reporter | August 16, 2022 05:10 PM

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.


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: iylm; socialsecurity
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To: BiteYourSelf

That’s for sure.


141 posted on 08/17/2022 12:40:34 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Deaf and Discerning
Sorry - wrong address:

https://thecollegeinvestor.com/33875/ss-vs-ssi-vs-ssdi/

142 posted on 08/17/2022 12:48:51 PM PDT by Deaf and Discerning
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To: Red Badger

Vote buying.


143 posted on 08/17/2022 12:50:59 PM PDT by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
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To: Red Badger

Bookmark


144 posted on 08/17/2022 4:37:29 PM PDT by SE Mom
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To: Sacajaweau
Mine are normally deposited on the 3rd. So that means I’ll only get 1/2 on the 3rd?? And my rent due on the 5th won’t be covered?

You'll be fine. If you get your checks on the 3rd, you are getting Social Security, either Retirement, Survivors, or Disability benefits, aka RSDI. This article is about SSI, not RSDI.

145 posted on 08/17/2022 5:28:33 PM PDT by Terabitten (Our lives, our fortunes, and our sacred honor...)
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To: Gaffer
IMO, what’s happening in September isn’t for Social Security payments; it’s for Supplemental Security Income (SSI) payment - those recipients who never worked enough quarters to qualify for SS Disability Insurance OR regular Social Security.

SSI is NOT funded from Social Security coffers. It’s funded out of the general fund. It IS ADMINISTERED by SSA, however.

Precisely so. RSDI (Retirement, Survivor, and Disability Insurance) and SSI (Supplemental Security Income) are both administered by the Social Security Administration, but they are NOT the same program, at all. Different rules, different funding sources, etc.

The best explanation I've ever heard is that it's like a college that has a football team and a basketball team. They're both (insert mascot name here,) both are sports, the idea in both is to score more points than the other team, but there the similarities end. The rules for football and basketball are completely different. So it is with RSDI and SSI. SSA administers both programs, but the funding and the legal rules for each program are completely different.

SSI is nothing but a welfare scheme

Again, precisely so. It's a welfare program, administered by SSA, for people who are blind, disabled, or over age 65, without regard to their work history.

146 posted on 08/17/2022 5:38:40 PM PDT by Terabitten (Our lives, our fortunes, and our sacred honor...)
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To: Terabitten
Again, precisely so. It's a welfare program, administered by SSA, for people who are blind, disabled, or over age 65, without regard to their work history.

"Disabled' applies to most democrat pet victim groups... drug addicts, alcoholics, criminals. There's rumors half of Chicago's South Side collects disability.

147 posted on 08/17/2022 8:27:30 PM PDT by GOPJ (The FBI has been getting more brazen about its political thuggery this last year - Mark Steyn )
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