SSI recipients can anticipate $1,682 in september

SSI beneficiaries will get two instalments in September.

In 2022, the cost-of-living adjustment (COLA) has raised to 5.9 percent.

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That means, the typical claimant will get $621 monthly in benefits.

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The maximum possible monthly income per individual is $841.

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About 8 million individuals depend on the Supplemental Security Income, or SSI, scheme.

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Beginning next month, the third revision to the SSI payment schedule under the new COLA will be implemented.

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The most recent one was in April since the beginning of the month happened on a weekend.

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SSI beneficiaries may get two checks worth $1,682 in September.

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The payment schedule will change since October 1 is a Saturday.

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As a result, payments of benefits will be underway on the Friday.

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So, the SSI beneficiaries can expect payments on Sept. 1 and 30.

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Even if the timeline only changed by one day, keep this in mind while checking monthly reports.

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However, the next month's Social Security payments will be on a regular Wednesday.

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Social Security payments are paid on one of 3 Wednesdays every month, based on your birthdate.

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