Benefits from the United States Social Security Administration play a very important role in society. Considering that thousands of United States citizens have no other source of income, knowing if we can get an extra check at some point during the year can be key to our economy.
Be that as it may, these checks are actually an extra payment. The idea behind these payments from the Social Security Administration is to be able to supplement our retirement benefit. It should not be the primary source of income, so if we get one of these checks it means we have a different source of income.
Get the 3rd Social Security payment before the end of August
The 3rd Social Security payment before the end of August is possible. To get this extra check we just have to meet a few requirements. The best of all is that if we get this extra check in August it means that we will have up to $943 extra in the month, something that can come in handy for thousands of beneficiaries.
To get this extra check we have to meet the following conditions:
- Have Supplemental Security Income accepted.
- Activate Direct Deposit as a collection method.
- Have a retirement check accepted.
This last requirement is not mandatory to have the 30th day payment in the checking account, but it is mandatory to have three different checks during the month. If we do not have a retirement payment but do have SSI accepted, we will only get two SSI payments. Although it may not seem important, it is actually important to know whether we will have this check active or not.
Requirements for getting SSI from Social Security each month
Supplemental Security Income payments are given by the Social Security Administration to a specific group of Americans. It is not possible to get this payment under any conditions, since we need to meet certain requirements.
In addition, the monthly payment may vary depending on the citizen’s income. It is true that even if it varies it will not change much, but it could happen. It all depends on whether the beneficiary has become collecting much more money or much less money from his or her usual income.
The requirements for Supplemental Security Income from the Social Security Administration are:
- Be age 65 or older or have a disability.
- Have a low monthly income in addition to low resources.
These two conditions are mandatory, so if you do not meet them, you will not be able to apply for this monthly check. If we meet them, the Social Security Administration can give us up to $943 each month. The maximum payment is not for all Americans, but it is possible to get a check with these characteristics.