Supplementary Security Income (SSI) will not reach all beneficiaries on the same day, but in September Social Security will pay the benefits
Some Americans who receive Supplemental Security Income (SSI) benefits may not get this Social Security check payment in September. However, the Social Security Administration assures that it will send payments to all eligible Americans’ households. Despite this, many beneficiaries may not get the payment in the next few days in September.
The monthly check can reach a maximum of $943, which is a great help for citizens who need it most. This monthly Social Security benefit is intended for those who need it most. If a beneficiary needs additional income, he or she can apply for this help, which is issued once a month. However, it is possible that on some occasions certain irregularities may occur on the payment date.
Despite these possible irregularities, this is not a reason for concern. Those who have already been approved for Supplemental Security Income payments can be assured that they will get the full 12 monthly payments before the end of the year. It is only necessary to check if there are any adjustments to the payment schedule, which may slightly affect the day the money is received, although the payment always arrives.
Which citizens will not get SSI in September?
One of the most outstanding features of the Supplemental Security Income benefit is that all payments are issued on the same day to all beneficiaries. However, the timing of when you get the money depends on the collection method chosen. Those using Direct Deposit usually obtain payment more quickly, while others may experience delays. Occasionally, due to irregularities in the calendar, some payments may arrive even earlier, depending on the month.
For example, the payment for September could not be made on the 1st because it fell on a weekend. For this reason, the Social Security Administration issued payments on August 30. On that day, Americans with Direct Deposit received the money immediately, while other beneficiaries will have to wait a little longer to get their checks. For those who do not have Direct Deposit activated, the payment did not arrive on August 30, but will be sent during the month of September. In any case, having been approved for this benefit guarantees receipt of the check monthly, which is always good news.
This same situation will be repeated in November and December. Since December 1 is a Sunday, the Social Security Administration will advance the payment to the last business day of November. Those with Direct Deposit will get their payment early on November 29.
What is direct deposit in the United States?
Direct deposit is a fully automated system for managing financial transactions. When a direct deposit is received, the payer issues an electronic payment that is automatically transferred to the payee’s bank account, eliminating the need to issue physical checks or make visits to the bank to make the transfer.
In recent years, this payment method has become extremely popular. According to the American Payroll Association’s 2020 “Getting Paid in America” survey, nearly 94% of U.S. workers get their wages through direct deposit. This automated process offers convenience for both the employee, who can be assured that his or her payment will arrive on time without any additional effort, and the employer, who saves on costs associated with printing and distributing paper checks.
How does direct deposit work?
An employer begins by collecting banking information from its employees and vendors, such as account number and bank routing number. This information is usually part of the onboarding process when an employee is hired.
For example, if the employer makes payroll payments on the 15th and last day of each month, one or more business days before the payment, it sends payroll instructions to its bank. This bank transmits that information to the Automated Clearing House (ACH), which is responsible for sorting the entries and ensuring that each instruction reaches the appropriate financial institution to process employee payments.
Once the employees’ banks get the ACH instructions, they process the payment and credit the employees’ bank accounts with the indicated funds.
