The Supplemental Security Income (SSI) is designed to assist individuals who are blind or aged 65 and older, or those with a qualifying disability. This is a condition that disallows the person from engaging in substantial gainful activity and is expected to last for at least one year or result in death. The SSI benefits aim to provide financial support to those who have limited income and resources to meet their basic needs.
In 2023, the federal SSI benefit rate stands at $914 for individuals and $1,371 for couples. This amount serves as the base payment provided by the federal government to eligible beneficiaries. Anyway, every case is different, and the actual benefit amounts may vary based on individual circumstances.
Are you getting an SSI payment in July 2023?
While the SSI benefits are federal-funded, some states offer additional payments. These state supplements can vary depending on factors such as income, living arrangements, and other considerations. There are several states and U.S. territories that do not offer a supplement to SSI recipients. These include Arizona, Arkansas, Mississippi, North Dakota, Northern Mariana Islands, Tennessee, and West Virginia. If you reside in one of these states, your SSI benefit will consist only of the federal payment.
Now, regarding the payment schedule, the SSI payments are not uniform throughout the year. July is one of the months when the Social Security Administration does not issue an SSI check. This unique quirk in the payment schedule is important to keep in mind for SSI beneficiaries.
This is your next SSI benefits payment day
SSI beneficiaries receive their payments on a specific schedule. They receive two payments in the months of March, June, September, and December. Conversely, no payments are deposited in the months of January, April, July, and October. This uneven distribution of payments throughout the year is essential for recipients to plan their finances accordingly. The payment for July 2023 came earlier, since the official date for that month was July 4th, the Independence Day. That’s a holiday, and the check arrived at the last day of June.
If your birthday falls between the 1st and 10th of the month, you can expect to receive your payment on the second Wednesday of July, which is July 12. For individuals whose birthdays fall between the 11th and 20th of the month, the payment will be made on the second Wednesday, which is July 19. Those with birthdays falling between the 21st and 31st of the month can anticipate their payment on the third Wednesday, which is July 26.
If you started receiving Social Security benefits before May 1997 or currently receive both Social Security and SSI, your payment was already made on July 3, 2023. This specific payment date applies only to this specific group of recipients.