The first of two Supplemental Security Income payments arriving in March will be issued to recipients in only 10 days.
The first payment will be sent out on March 1 and will be worth $914. Recipients will receive a second payment of the same amount at the end of the month on March 31, equaling a total of $1,828 for the month of March, according to the Social Security Administration's schedule.Eligible couples will also receive two payments on March 1 and 31, but their payments will be worth $1,371.
The Social Security Administration typically issues a monthly SSI check on the first day of the month. However, if the first falls on a weekend or holiday, then the administration sends out the check on the last business day before the first so that recipients will have the money on the first.Three other months this year will see two payments issued in the same month: June, September, and December.
The Social Security Administration first issued SSI payments in January 1974. Payment rates have increased for cost-of-living adjustments since 1975, according to the agency.
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Social Security update: First of March's two SSI payments will arrive in 12 daysSupplemental Security Income recipients will receive the first of their two checks in just 12 days on March 1. Each check will be worth $914 for individual recipients, with the second payment being sent on March 31, totaling $1,828.
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