Latest news with #SSI
CNET
5 hours ago
- Business
- CNET
Supplemental Security Income August 2025: You're Getting Two Payments
Getty Images/Viva Tung/CNET Supplemental Security Income recipients can look forward to receiving two payments this August, with the first being sent out by the end of this week. This can sometimes happen depending on what days of the week a pay date falls on or if it falls on a holiday. We'll tell you when to expect both payments this month below. Supplemental Security Income is a program designed to help individuals with low income or resources, or those with qualifying disabilities. The application process can take time and requires several pieces of information to determine if you qualify but once approved, monthly payments will be sent as long as you're still eligible. There's also a cap on how much you can receive in SSI money each month, which depends on your income and resources. Whether you're about to apply or just trying to find out more about SSI, we'll lay out the payment schedule for the rest of 2025. For more, don't miss how to apply for Social Security benefits. Read more: Social Security Has a 'Maddening' New AI Phone Bot. Here's How to Deal With It The SSI payment schedule for 2025 Here's when you can expect to receive your SSI payments for the rest of 2025: Friday, Aug. 1 Friday, Aug. 29 (for September) Wednesday, Oct. 1 Friday, Oct. 31 (for November) Monday, Dec. 1 Wednesday, Dec. 31 (for January 2026) Aug. 1 falls on a Friday this year, so the payment will go out as normal, but because Sept. 1 falls on Labor Day this year, payments will be sent on Aug. 29. Will other Social Security benefits come early? No. For the most part, each Social Security benefit has a straightforward schedule, with only a couple of instances where it can differ from the typical timetable. For your reference, the Social Security payment schedule is below. If you've received Social Security before May 1997 Aug. 1 If your birthday falls between day 1 and 10 of the month Aug. 13 If your birthday falls between day 11 and 20 of the month Aug. 20 If your birthday falls between day 21 and 31 of the month Aug. 27 For more, don't miss how your Social Security benefits can be suspended if you do one of these things.
USA Today
6 hours ago
- Business
- USA Today
When do you get your Social Security payment for August? See schedule
Social Security payments for the month of August follow a normal schedule. But those who were previously overpaid by the Social Security Administration may get smaller benefit checks. That's because the agency was expected to begin withholding 50% of benefits for those who have been overpaid but have yet to begin repayments. The SSA hasn't released a number of how many recipients may have been overpaid. However, a February 2025 report by the SSA's Office of the Inspector General found the agency overpaid $13.6 billion in Social Security benefits during fiscal years 2020 to 2023. About three-fourths of overpayments (72%) happened because beneficiaries did not successfully report information to SSA that negatively affected their benefits. Such information could include additional salary or retirement earnings and changes in medical condition, such as the end of a disabling condition. Social Security benefits – paid mostly to recipients who are older or retired – are typically paid on Wednesdays. If your birthdate falls between the first and 10th days of the month, you are issued payments on the second Wednesday of the month (this month, that's Aug. 13), according to Social Security Administration's calendar. Social Security: Two-income retired couples may lose $18,100 annually in Social Security in 2033 Subsequent payments go out weekly: recipients born between the 11th and 20th are paid on the third Wednesday (Aug. 20), and those born after the 20th of the month get payments on the fourth Wednesday of the month (Aug. 27), according to the SSA calendar. Social Security recipients who began getting benefits before May 1997 are paid on Aug. 1. Social Security payment schedule for August The Social Security Administration's yearly schedules of benefit payments for 2025 and 2026 are available online, so you can check the calendar for budgeting purposes. Regular Social Security retirement benefits for the month of July will be sent out on the SSA's usual schedule: SSI payment schedule for August, rest of 2025 and into 2026 Recipients of Supplemental Security Income checks will be issued payments on the first business day of the month, which is Friday, Aug. 1. SSI checks will be sent out on the following dates in 2025 and early 2026, according to the SSA calendar: What is SSI? Supplemental Security Income (SSI) is a benefit program for persons with limited income or resources, those aged 65 or older, and those who are blind or have a qualifying disability. Children with qualifying disabilities are also eligible, according to the SSA's website. Adults who qualify for SSI typically do not have monthly wages above $2,019. If you think you may be eligible for SSI, you can begin the application process online, in person at your local Social Security office, or by calling 1-800-772-1213 (TTY 1-800-325-0778) from 8 a.m. to 7 p.m. local time during the work week. Mike Snider is a national trending news reporter for USA TODAY. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
Hindustan Times
20 hours ago
- Business
- Hindustan Times
Social Security payments August 2025: When and how much money will you receive?
The Social Security Administration (SSA) will soon begin rolling out August payments to beneficiaries. Since August 3—the typical date for some people to receive their benefits—falls on a weekend, those eligible will get their payments early. When will you receive your Social Security payments for August? (Unsplash) Social Security payments August: Eligibility criteria You are eligible to receive this paper check if you: • are an SSI beneficiary • have updated your bank information • have not had a recent change in status How much will you receive? 'The monthly maximum Federal amounts for 2025 are $967 for an eligible individual, $1,450 for an eligible individual with an eligible spouse, and $484 for an essential person,' reads the official SSA website. 'In general, monthly amounts for the next year are determined by increasing the unrounded annual amounts for the current year by the COLA effective for January of the next year. The new unrounded amounts are then each divided by 12, and the resulting amounts are rounded down to the next lower multiple of $1.' When will you receive it? Due to the calendar's structure, supplemental security income will be delivered on August 1 instead of August 3. Retirees, SSDI, and other recipients who began receiving benefits before May 1997 will get their payments on August 2. Apart from this, those receiving only social security benefits will get their checks depending on their birthdate and the regular payment schedule. For those born from the 1st to 10 of any month, payments are given on the second Wednesday, i.e., August 14 For those born from the 11th to 20th of any month, payments are given on the third Wednesday, i.e., August 21 For those born from the 21st to 31st of any month, payments are given on the fourth Wednesday, i.e., August 28 What are the changes? The SSA had recently announced plans to switch beneficiaries who have still opted to receive their payments through paper checks to the digital mode instead. Due to concerns about access to and literacy in the digital medium, this change has now been delayed beyond September. The agency confirmed this delay last week, as reported by News Break. Beneficiaries are still encouraged to opt for direct deposits over paper checks to ease the process and receive their payments on time. With contribution from Stuti Gupta
USA Today
a day ago
- Business
- USA Today
When do you get your SSI check for August 2025? See full payment schedule
Those who get Supplemental Security Income checks will get two checks during the month of August. The double delivery is a result of the Social Security Administration's calendar. Payments are typically issued on the first day of the month, and the August payment is scheduled to go out Friday, Aug. 1. However, when the first of the month lands on a weekend or a holiday, as it does in September (Sept. 1 is Labor Day), payments go out early. So the payment for the month of September is scheduled to be sent Aug. 29, the last business day of that month. The same situation happened in May, with SSI recipients getting payments on May 1 and May 30. Payments throughout the rest of 2025 and into 2026 will follow a similar pattern, according to the SSA calendar. When are SSI payments sent out for August? See full 2025 payment schedule SSI beneficiaries will also get two checks in August, October and December. That's because the first date of the following month lands on a weekend or holiday. Here are the dates for SSI payments for the rest of 2025 and into early 2026, according to the SSA calendar: What is SSI? Supplemental Security Income (SSI) provides benefits for those with limited income or resources, those aged 65 or older, and those who are blind or have a qualifying disability. Children with a qualifying disability can also get SSI, according to the Social Security Administration's website. About 7.4 million Americans currently get monthly SSI payments. Adults who earn more than $2,019 from work monthly, typically do not qualify for SSI. About one-third of SSI recipients also get a benefit from Social Security. Those who may be eligible for SSI can begin the application process online, in person at your local Social Security office, or by calling 1-800-772-1213 (TTY 1-800-325-0778) from 8 a.m. to 7 p.m. local time during the work week. Mike Snider is a national trending news reporter for USA TODAY. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
Newsweek
2 days ago
- Business
- Newsweek
Social Security: Two Types of Benefits To Be Paid This Week
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. This week, two payments will be made by the Social Security Administration (SSA). What To Know Millions of Americans receive Social Security benefits, whether it be retirement checks or disability payments, known as Supplemental Security Income (SSI). On Friday, August 1, checks will go out for SSI recipients, retirees who have been collecting checks since before May 1997, and retirees who also collect SSI benefits. Following on the from this, further payments will be made on Wednesday, August 13 : Retirement, spousal and survivor benefits for those born between the 1st and 10th of any calendar month : Retirement, spousal and survivor benefits for those born between the 1st and 10th of any calendar month Wednesday, August 20 : Benefits for those born between the 11th and 20th : Benefits for those born between the 11th and 20th Wednesday, August 27 : Benefits for those with birthdays between the 21st and 31st : Benefits for those with birthdays between the 21st and 31st Friday, August 29: SSI payments. This payment would usually come at the first of the month for September. However, due to September 1 falling on Labor Day, a national holiday, the payment will be made slightly earlier. Stock image/file photo: A Social Security card with U.S. Dollars. Stock image/file photo: A Social Security card with U.S. Dollars. GETTY How Much Can I Get? The average Social Security check was $2,002.39 as of May 2025, although numerous seniors have expressed dissatisfaction about the amount they get. "The average Social Security benefit amount changes monthly," an agency spokesperson told Newsweek. "As wages tend to rise over time, each new group of retirees raises the average benefit amount, since their benefit calculations typically reflect higher earnings." Social Security benefits vary by individual. Payments are calculated based on a person's 35 highest-earning years—adjusted for inflation—and the age at which they begin claiming benefits. In 2025, the maximum monthly benefit for someone retiring at the full retirement age of 67 is $4,018. Retiring early at 62 reduces the maximum to $2,831, while delaying retirement until 70 raises the potential benefit to as much as $5,108 per month. SSI recipients received an average of $718.30. How much beneficiaries get is based on how much money they earn and other resources available to them. Seniors on Social Security With more than 50 million Americans collecting retirement checks from the federal government every month, many seniors want to see major reform to the program, according to a new report by The Senior Citizen's League. The advocacy group found that only 10 percent of beneficiaries are satisfied with their monthly check, while 63 percent reported being dissatisfied. Beneficiaries have also taken issue with the annual cost of living adjustment, or COLA, with many saying it doesn't accurately reflect cost increases year-to-year for older Americans. In a recent poll, 34 percent of respondents identified updating the COLA formula as their top policy priority for enhancing Social Security benefits.
