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Asher Notheis, Breaking News Reporter


NextImg:Social Security update: Second of March's double direct payments worth $914 arrives in 26 days


In 26 days, Supplemental Security Income beneficiaries will receive the second of two payments in the month of March.

The first payment was sent out to eligible recipients on March 1, and this next payment will be delivered on March 31 for those same individuals. Each payment for individuals will be worth $914, meaning they will receive $1,828 for the month of March.

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The Social Security Administration typically issues a monthly SSI check on the first day of every month. In months when the first is on a holiday or weekend, the administration releases the checks on the last business day of the previous 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.

The rate for eligible couples for monthly payments is $1,371. Essential people, those who live with someone receiving SSI and provide them with necessary care, get a monthly payment rate of $458.

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The SSI payment for April will be delivered on Friday, March 31, because April 1 falls on a Saturday this year.

Three other months will also see two payments delivered in the same month: June, September, and December. This is because the first of the month falls on a weekend in July and October, and Jan. 1 is always a national holiday.

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