DUAL ADVANTAGES Numerous SSI recipients will receive two payments next month totaling up to $1,682.

DOUBLE SUCCESS Next month, millions of SSI recipients will get two payments totaling up to $1,682; see specific dates.

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Due to the cost-of-living adjustment (COLA) increasing to 5.9 percent in 2022, the typical SSI claimant is receiving $621 in benefits per month this year.

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The maximum monthly payment per person is $841. Approximately 8 million individuals rely on SSI assistance.

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The third adjustment to the SSI payment schedule under the new COLA will take place starting next month.

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The most recent one took place in April since the first of the month, when benefits are typically distributed, fell on a weekend.

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Beneficiaries of SSI can anticipate receiving two payments during the impacted month if that occurs. As a result, SSI recipients may anticipate receiving two payments in September totaling up to $1,682.

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The fact that October 1 falls on a Saturday will have an effect on the payment schedule. Benefits will thus be distributed on the Friday prior.

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It indicates that SSI recipients may anticipate receiving their payouts on September 1 and September 30. Even if the timetable is only altered by one day, you should keep this in mind while reviewing your monthly accounts.

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Social Security claimants may anticipate receiving their benefits on the regular Wednesday because nothing will change the timetable for next month.

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Depending on your birthday, Social Security benefits are distributed on one of three distinct Wednesdays each month.

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