MILLIONS of Americans are set to receive two direct payments next week.

Social Security benefits will be sent out on September 28 and the latest installment of Supplemental Security Income will be rolled out just two days later.


Millions of Americans are set to receive two direct payments next week[/caption]

Around 66million Americans receive a Social Security benefit per month, according to the SSA.

Nearly nine out of ten people who get the monthly check are aged 65 or older.

Claimants receive an average of $1,657 a month and the benefits will be sent out on September 28 to Americans that have a birth date between the 21st and 31st.

The maximum benefit claimants can receive is $4,194.

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Around eight million Americans receive SSI – a payment designed to support disabled adults, kids, and seniors over the age of 65.

Claimants will receive a second payment this month.

Benefits are usually sent out on the 1st of the month, but as October 1 falls on a Saturday, payments are being deposited slightly earlier.

The average amount a person gets is $621 and the maximum monthly payment is $841.

Meanwhile, couples can get $1,261 a month.

Claimants will also receive two payments in December.

But, experts have warned that the payments are not enough.

Richard Johnson, of the Urban Institute, told CNBC: “SSI just provides bare-bones support for older people and people with disabilities.

“It really highlights how little support we provide for the most vulnerable Americans.”

It depends on Americans’ assets whether or not they can qualify for the benefit.

Individuals can’t have more than $2,000 in assets to meet the requirements, while couples can have up to $3,000.

But the SSA exempts some things you own, which include the following

  • Life insurance policies with a face value of $1,500 or less
  • Your car (usually)
  • Burial plots for you and members of your immediate family
  • Up to $1,500 in burial funds for you and up to $1,500 in burial funds for your spouse
  • The home and land where you live.

Many of the rules surrounding SSI have not been updated since 1972 when the program was launched.

Rebecca Vallas, of The Century Foundation’s Disability Economic Justice Collaborative, believes reform is “long overdue”.

Dozens of states have boosted monthly SSI payments in a bid to help struggling Americans.

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Amounts vary by state but New York offers an extra $87 a month for individuals or $104 for couples.

Meanwhile, Alabama couples can get a $120 boost.

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