SSI October Payments: Why Get Your October Benefits Early?

sStarted as a care scheme under Social Security, Supplemental Security Income (SSI) provides additional payments to those who have some type of physical disability, or who are 65 or older in United States of America.

There is significant overlap between those eligible for SSI and those receiving Social Security, with the distinction made by the fact that SSI is not based on your work history or your family’s employment history, although it is important to note this in order to qualify if you are 65 year or more, you must demonstrate that you have limited access to income and/or resources.

All the details from Alaska’s historically high direct paymentsMC

Why do October SSI payments arrive in September?

As was also the case in January and May, Social Security recipients did not receive a payment in October, instead disbursing payments in September instead due to an anomaly in the system.

Under normal circumstances, SSI payments are usually deposited on the first of every month unless the first falls on a weekend or holiday. In this case, payments are issued on the Friday starting on the 1st of the month.

However, since no payments came out in October, You can expect your SSI benefits to reach your account on September 30, 2022.

Is SSI a state-run initiative?

While SSI is a federally subsidized program, some states offer certain individuals additional payments.

In total, there are seven states and territories that do not make these supplemental payments, namely:

  • Arizona
  • Arkansas
  • Mississippi
  • North Dakota
  • Northern Mariana Islands
  • Tennessee
  • West Virginia

How much do you get through SSI?

The maximum amount one can get through SSI in 2022 is 841 dollars for an eligible individual, with the amount increased to $1,261 for eligible individuals with an eligible spouse. An additional $421 may be awarded to the main person.

However, with inflation sweeping the United States, the above amounts could increase in 2023 after the expected increase in Cost of Living Adjustment (COLA).

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