Why Did I Receive Two Social Security Checks This Month? Advertiser disclosure You're our first priority. Every time. We believe that every person should be able to make financial decisions with confidence. While our website doesn't feature every company or financial product that is available on the market We're pleased that the advice we provide, the information we provide and the tools we create are objective, independent easy to use and completely free. So how do we earn money? Our partners pay us. This may influence which products we review and write about (and the way they appear on the site) however it does not affect our advice or suggestions, which are grounded in many hours of study. Our partners cannot promise us favorable review of their services or products. . What's the reason I received two Social Security Checks This Month? Two checks might land within the same month, when you're receiving two distinct benefits or if there's a glitch within the month's calendar. This article was written by Connor Emmert Writer | Personal financial, investing, retirement Connor Emmert is a writer and a NerdWallet the authority on investing. In the years prior to his becoming a member of NerdWallet from 2021 onwards, he worked for several years as a licensed financial advisor at Bank of America/Merrill Lynch and Fisher Investments. Connor completed an undergraduate degree in English in the fall of 2016 at Colby College. If he's not studying and writing about personal finance, he likes traveling (on points I hope), reading fiction and having a good time with his labradoodle. Jan 12, 2023 edited by Claire Tsosie Assigning Editor | Business software, credit cards payment Claire Tsosie is an assigning editor for NerdWallet. Her expertise includes research and strategy. She's edited articles on a range of subjects, including the business sector, Medicare and home improvement. In the past, she was an author for credit cards at NerdWallet for more than five years. Her work was featured by Forbes, USA Today and The Associated Press. She's spoken in both CardCon (2017, 2018) as well as FinCon (2019). Email:
. Many or all of the products featured here are from our partners who pay us. This influences which products we feature and where and how the product appears on a page. But this doesn't influence our evaluations. Our opinions are entirely our own. Here is a list of and . If you're receiving, it's possible to receive multiple checks in the same month. In many cases, this is because you're receiving two separate benefit payments, or because a weekend or holiday occurred on the date you would normally be receiving your check. In other cases there's a chance that you're receiving back payments. You're receiving two different payments. If you're currently benefiting from Social Security, it's important to know which benefits you qualify for, and the schedule of payments for each type of benefit. There are two major kinds of Social Security benefits: Social Security Administration Old-Age, Survivor and Disability Insurance, also called OASDI or SSA -- provides benefits for retirees, disabled workers and family survivors of dead workers. The OASDI program is broken down into three main categories that share the same taxes and payment schedules , and typically can't be collected concurrently: Social Security retirement benefits are a way to replace a part of pre-retirement earnings which are based on your life-time earnings. You're generally eligible when you're over 62 and have paid Social Security taxes for 10 or more years. Social Security survivor income, which are benefits paid to an eligible spouse's surviving spouse as well as dependent parents and children less than 18 years old or are disabled. Social Security Disability Insurance, or SSDI is a benefit given to eligible adults and children who have qualifying disabilities with a low income. Supplemental Security Income , or SSI, provides supplemental income to those with low incomes who are eligible for federal income assistance. It is possible to get SSI in addition to disability or retirement payments. The schedule of payments for SSI differs from OASDI. You might receive two checks each month, simply because you are eligible for and are enrolled in more than one benefit. If you collect both Social Security benefits and SSI then you'll receive the SSI payment on the first day of the month and the Social Security payment on the third day, according to the Social Security Administration. The schedule is affected by a holiday or weekend. the calendar Supplemental Security Income program gives assistance to those with low incomes who are eligible for assistance from the government if they are older than 65, handicapped or blind. SSI payments are sent out to people on the first calendar day of every month. However, if the first of the month happens to fall on an official holiday, or a weekend, then the payment will go out prior to the first day, which is the first day that's not a weekend or holiday. In some instances it could cause eligible individuals to receive two SSI checks within the same month. For example the month of Jan. 1st in 2023 is a holiday of the federal government and fell on a weekend, so qualifying individuals would receive their SSI benefit on Dec. 30, the last day of business in December 2022, which wasn't a federal holiday or weekend. OASDI benefits, however, normally don't fall on the first or the last day of the month, even after holidays being adjusted. They're generally paid out on the second, third or fourth Wednesday of each month, based on your birthday date. If the Wednesday scheduled for benefits payment falls on an official holiday, the payment scheduled defaults to the day that precedes the Wednesday that's not an official holiday of the federal government. Because of this, it's unlikely that you'll receive two checks within the same month with this program. It's nevertheless possible if you're also receiving SSI, or if you're being paid back disability benefits (more on that in the future). Learn more about: You're receiving back payments If you have to file for disability benefits under the Social Security OASDI scheme, you may take anywhere from three to 5 months or even longer to figure out if you're eligible. Even if you're accepted the process typically takes an additional 30 days prior to you can receive any form of compensation. This is one of the main reasons that it's a part of an overall financial plan. Find out more: After you're approved, SSDI will make an amount in lump sum of any benefits that you didn't receive when you applied. This payment dates up to the date that you became disabled. SSDI back benefits are available to be paid via direct deposit only, so you'll need to make sure you have a valid bank account to get benefits. Once the benefit for the month has begun it is possible to receive two benefits in the same month -- one lump sum back payment in addition to your regular monthly benefit. The author's bio: Connor Emmert is a author and NerdWallet's expert on investing. In the past, prior to his becoming a member of NerdWallet in 2021, he had spent several years as a registered financial advisor for Bank of America/Merrill Lynch as well as Fisher Investments. Similar to... Get even deeper into Insurance Find more money-savvy strategies - straight to your inbox. 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