Double-billed this week, find out who’s applying

An unusual week for beneficiaries Social Security in the United States The Social Security Administration (SSA) has announced that two different payments will be made to benefit different groups.

Used during this exceptional event Week of August 26 to 30, 2024Due to the peculiarities of the fee schedules of the two different plans: Pension Scheme and Supplemental Security Income Scheme (SSI).

We explain in detail below who will receive these payments and why.

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Daniel Ballesteros

Who will receive Social Security payments starting this week?
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The first payment is sent to retirees who have claimed their benefits Social security Date of birth after 1997 and in any month of the year between 21st and 31st.

This payment relates to the last round of payments for the month of August and will be paid on Wednesday August 28, 2024. It should be noted that this fee is based on an established schedule PensionersDistributes money weekly as per each beneficiary’s date of birth.

The Retirement benefits They are held exclusively on Wednesdays. Recipients are divided into groups based on their date of birth, and each group receives payments on different Wednesdays throughout the month. In this case, retirees with birthdays between 21 and 31 will receive their payment on August 28, thus closing the payment cycle. rest For the month of August.

Who will get a second Social Security payment this week?
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A second charge scheduled for this week is similar Additional security income (SSI). This program provides financial assistance to elderly, disabled or blind people with limited income and resources. Unlike pension payments, the SSI payment schedule is usually scheduled on the first of each month.

However, this calendar is adjusted when the first day of the month falls on a non-business day, such as a Saturday, Sunday, or federal holiday. In this case, since September 1, 2024 is a Sunday, SSI payments will be made on Friday, August 30, 2024. So, the beneficiaries SSI They will receive two payments in August: one at the beginning of the month and one at the end, corresponding to the September advance.

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Daniel Ballesteros

Why was there a double payment this week?
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This week’s double payment is a planned action and responds to policies established by SSA to ensure beneficiaries receive their payments on time, even when payment dates fall on non-business days.

to Beneficiaries of Pension Scheme, Fees are aligned with a fixed monthly payment schedule. On the other hand, for himSSI beneficiaries, An advance for September ensures that you receive your financial assistance without interruption, especially during the long weekend.

This double payment highlights the importance of knowing the different fee schedules and specific requirements of each Social Security program in the United States. If you are a beneficiary of any of these schemes, it is very important to be aware of the dates and reasons on which they may change in order to plan your finances properly.

Week of August 26 to 30, 2024 It will be an important week for many Social Security Beneficiaries in the United States.

With two payments scheduled for different groups, SSA seeks to ensure that all beneficiaries receive their funds on time and without complications.

If you are Beneficiary In these plans, check your bank account or your usual payment method to ensure you have received the relevant funds. Be aware of fee schedule updates to manage your finances effectively.