Supplemental Security Income beneficiaries will receive their monthly payments in seven days.

The payments will be sent out to eligible recipients on May 1, and different amounts will be distributed to individual filers, joint filers, and essential persons.

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For individuals, the rate for payments is $914 per month. Eligible couples receive monthly payments of $1,371, and essential persons, who live with someone receiving SSI and provide them with necessary care,will get their monthly payment rate of $458.

The payments are delivered to beneficiaries on the first day of the month. However, when the first of a month falls on a weekend or a holiday, the Social Security Administration issues monthly SSI checks the business day prior to the month to ensure recipients have the check by the first of the month, per the agency.

This results in recipients receiving two checks in the same calendar month multiple times a year. However, beneficiaries still receive a total of 12 checks per year.

This year, there are four months in which two payments will be delivered under the same month: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October, and January first is always a holiday.

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SSI payments were first issued by the Social Security Administration in January 1974, with payment rates increasing for cost of living adjustments since 1975, according to the agency.