Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • WKRN News 2

    Why some Social Security recipients won’t get checks in September

    By Jeremy TannerAddy Bink,

    2 days ago

    https://img.particlenews.com/image.php?url=07Nh14_0vNDsPut00

    (NEXSTAR) – Over 7 million Supplemental Security Income (SSI) beneficiaries won’t receive their checks in September, thanks to a quirk in the calendar.

    Checks generally go out on the first day of each month, but that schedule is disrupted when pay day lands on a weekend or holiday. To adjust for that, the Social Security Administration said it makes payments on the preceding business day.

    In this case, Sept. 1 fell on a Sunday, so payments were made on Friday, Aug. 30. With the checks showing up early, some slight budget adjustments may be necessary, but recipients won’t have to worry about getting their SSI payment.

    Will Social Security be around when I retire?

    SSI recipients will see another wonky month in November when they receive that month’s payment and December’s payment in the same 30-day span.

    If you receive regular Social Security benefits, not SSI, you will largely be unaffected in August and September. However, those who usually receive their Social Security payment on the third day of the month should have received it on Friday, Aug. 2, since Aug. 3 landed on a Saturday .

    Those payments will be sent earlier in November as well, coming on Friday, Nov. 1 instead of Sunday, Nov. 3.

    How much money can you earn while receiving Social Security?

    The SSI was created in 1974 to provide support to “needy persons aged 65 or older, blind or disabled adults, and blind or disabled children.”

    The program began with roughly 3.2 million recipients, a number that has risen to about 7.5 million as of December 2022.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to WKRN News 2.

    Expand All
    Comments / 1
    Add a Comment
    Kim Marie Fornelli
    2d ago
    shut the fuck up you fucking morons scare tactics
    View all comments
    YOU MAY ALSO LIKE
    Local News newsLocal News
    WKRN News 214 hours ago

    Comments / 0