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

There is just under a week until Supplemental Security Income beneficiaries receive the first of two June payments worth $914 each for individual filers.

The first payment, which will be sent out on Thursday, June 1, is the first of two checks that will arrive in June from the Social Security Administration. The second round will be sent on June 30, because July 1 will be on a Saturday.

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There is some variation in the amount of money each group receives, with individual filers, joint filers, and essential persons each receiving different amounts. Individual filers each receive $914 every month, eligible couples receive $1,371, and essential persons, who live with people receiving SSI payments and provide them with necessary care, get a monthly payment of $458.

Supplemental Security Income is one of the Social Security Administration's lesser-known programs, but millions could qualify for the payment. In order to raise awareness of the program, the agency launched a new ad campaign on Thursday that will target urban and rural areas where enrollment in the program is low.

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Close up of Social Security Disability Claim Form with writing hand (iStock)

SSI payments are separate from regular Social Security benefits that go to retirees. SSI provides monthly payments to adults and children with blindness or another disability and limited income. To qualify for SSI, a person has to be over 65, be totally or partially blind, or have a "physical or mental condition(s) that very seriously limits their daily activities for a period of 12 months or more or may be expected to result in death."

Although the payments are often disbursed on the first of each month, there are exceptions for when the first falls on a weekend or a holiday. In those cases, the SSA sends its monthly SSI checks on the last business day before the month begins.

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The double payments mean beneficiaries still receive 12 checks per year, even though some months receive two checks and some receive none. There are four months total in which two payments will be delivered in the same month this year: March, June, September, and December. This is because the first of the month falls on a weekend or holiday in April, July, and October. Jan. 1 is always a holiday.

SSI payments were first issued by the SSA in January 1974, and payment rates have increased for cost-of-living adjustments since 1975, according to the agency.

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