If you are a recipient of Supplemental Security Income from the Social Security Administration (SSA) of the United States, you will want to keep reading. Social Security has an established payment schedule, through which SSI beneficiaries receive their payments on the 1st of each month. However, if this day falls on a weekend or holiday, the SSA advances the payment to the first business day. This is exactly what will happen next August, when beneficiaries will receive two payments.
Is it a double payment for August? No, it is simply the advance payment for September, since the 1st of the ninth month coincides with the holiday Labor Day, which is why the SSA advances the payment. The Administration advises checking the Social Security payment calendar through the beneficiary’s personal profile on My Social Security, and to review their bank account or Direct Express card to confirm that they receive it on those dates.
Double-pay in August?
The Social Security Administration (SSA) has an established calendar and a specific way of proceeding when making payments to its beneficiaries. The Supplemental Security Income (SSI) is one of the social assistance payments that is made on the 1st of each month. However, if that date coincides with a federal holiday or a weekend, the administration advances the payment to the first working day. This is exactly what will happen in August with the SSI payment; Monday, September 1st coincides with Labor Day in the United States. Therefore, the payment is advanced to Friday, August 29th. Thus, the payment calendar in August is as follows:
- Friday, August 1st: payment of the SSI corresponding to the month of August.
- Friday, August 29th: payment of the SSI corresponding to the month of September.
Careful! It is not extra money!
There are several cases of people who, upon seeing two payments in the same month, believe it to be some sort of double pay or bonus. Nothing could be further from the truth; it is simply an advance payment to comply with the Social Security Administration (SSA) payment schedule. Many beneficiaries organize their finances based on their income. That is why they must keep in mind that this second payment corresponds to the month of September, to avoid surprises throughout the month.
Who is affected by this “double payment”?
The payment dates of the Social Security Administration’s calendar vary depending on the aid. SSI beneficiaries are the only ones who receive their income on the 1st of each month, as beneficiaries of other benefits depend on the beneficiaries’ birth dates. The summary of the payments would be as follows:
- SSI: on the 1st of each month, unless it coincides with holidays or weekends.
- Retirement, SSDI, and survivors: between the 2nd and 3rd of each month, or on Wednesdays depending on the birth date.
This is why the double payment will only affect SSI beneficiaries, while the others will receive their income normally.
Financial planning tips
If you are a beneficiary of SSI and receive this ‘double payment’ in August, it is advisable to keep the following aspects in mind:
- Mark on the calendar that both August 1st and 29th will have a Social Security deposit.Remember that the second payment, on August 29th, corresponds to the SSI for September.
- It is recommended to manage your expenses to avoid surprises next month.
- You can confirm the deposit dates by checking your bank account or your Direct Express card.
- You can access your personal area of My Social Security, where you can check the SSA payment calendar for 2025, allowing you to plan for the remainder of the year.
These tips, along with staying informed about the updates and news published by the Social Security Administration, will prevent you from facing unwanted surprises.
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