Social Security update: Direct payment worth $914 arrives in 10 days

Supplemental Security Income beneficiaries will receive an unusual second payment in September in 10 days. Individual filers could see a maximum of $914 from the payment.

The rare payment goes out Friday, Sept. 29, and will replace October’s monthly payment because of a quirk in the Social Security Administration’s calendar. The first payment of the month was issued on Sept. 1. Most payments go out on the first of the month.

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The amount recipients will be given depends on a filer’s income, living situation, assets, and other factors. For those who filed as individuals, the payment rate is up to $914 per month. The rate for eligible couples is up to $1,371 per month. Essential persons, who live with someone receiving SSI and provide them with necessary care, get a lower monthly payment of $458.

A person needs to be 65 or over to be eligible for the Supplemental Security program, and he or she must meet specific financial requirements. People under the age of 65 may qualify if they are at least partially blind or have a physical or mental condition that seriously limits their daily activities for at least one year or is expected to result in death.

Children could also be eligible for SSI payments if they are at least partially blind or have a physical or mental condition that seriously limits their activities for at least a year. Children could receive SSI if their parents do not receive SSI benefits or if they have limited income or savings.

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Two SSI checks are sent during March, June, September, and December this year.

The payments were first issued by the Social Security Administration in January 1974, and payment rates have increased for cost of living adjustments since 1975, according to the agency.