Social security is the primary source of income for a large number of retirees. However, some people may be disappointed to know that they will not be getting their next three payments in September. This can be troubling, particularly if you rely on these benefits to pay for your rent, food, or other necessities. The reasons behind this ineligibility is not well understood by everyone. This is why it can be confusing.
In this article, we’ll explain why some retirees will not be getting their Social Security payments this month. We will talk about recent changes in the Supplemental Security Income (SSI) claim and how these changes can affect you. With this knowledge, you can prepare for the future and not be caught off guard.
Ineligibility for the Remaining Social Security Payments in September
Now, let’s address the primary concern. Why some retirees will not be getting the next three Social Security checks in September? The primary group affected is the retirees who started claiming their social security benefits after May 1997.
The Social Security Administration pays benefits in accordance with a specific schedule that depends on the recipient’s birth date. Normally, the payment date is based on the birthday, which is due on the same date of the month. However, individuals who began claiming benefits prior to May 1997 are on a different timeline.
Those who claimed their benefits before May 1997 and are on regular payment schedules may not receive the next three payments due in September. This implies that while others may continue to receive their payments at the normal interval, this particular category will have to wait for their benefits.
These retirees may need to wait until their next scheduled payment period to receive the funds they typically depend on. The SSA has emphasized that this is not a complete loss of benefits for these recipients. Its a change in the payment frequency.
If you belong to this group, it is highly advisable to manage your finances effectively. With your Social Security payments delayed, you may have to look for other means of meeting your financial needs until the payments are received. You can confirm your Social Security account online or call the SSA for more information to know when your next payment is due.
For some retirees, the news that they won’t receive their next three Social Security payments in September is concerning. This mainly affects those who started claiming benefits before May 1997. However, it is vital to understand that this is not a cut or decrease in the benefits but rather a change in the payment frequency.
Another noteworthy change is the fluctuation in the Supplemental Security Income (SSI) applications for those who are receiving both SSI and Social Security benefits. The new application process might help some people meet the requirements for SSI and get more money.
If you are subject to these changes, it is crucial that you keep track of the developments and prepare for the future to ensure that your costs are under control.
Why are some retirees not receiving the next three Social Security payments in September?
Those who started collecting their Social Security benefits before May 1997 will not be entitled to the next payments because of the new payment plan. You can determine your eligibility by accessing your account on the Social Security Administration’s website or by calling the SSA.
SSA has recently changed the SSI application process, increasing income thresholds and making the application less complex to increase the chances of approval.