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SSI: Two payments worth $1,682 in April 2022

SSI recipients will be pleased to hear that they can expect two payments in the month of April.

social security cards used for SSI benefits

The average payment is worth $621 for recipients, and that’s with the 5.9% COLA increase.

The most a person collecting SSI can see is $841 per month.

The reason for the change in payments in April is because of a holiday schedule.

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This is because the payment for May falls on a Sunday, so it needs to happen in April.

This makes it so recipients will see a payment on Friday, April 1 and Friday, April 29.

Social Security recipients will see their payments on the regular payment dates.

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Who can get SSI payments?

SSI is for elderly, blind, and/or disabled people with little to no income.

To qualify you cannot have over $2,000 in assets.

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For couples it rises to $3,000.

Some assets are exempt according to the SSA.

This includes life insurance policies worth less than $1,500, a vehicle, burial plots, burial funds worth up to $1,500, and the home and land you own where you reside.

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