What's the reason I received two Social Security Checks This Month? Advertiser disclosure You're our first priority. Every time. We believe that everyone should be able to make financial decisions with confidence. While our website doesn't feature every company or financial product on the market, we're proud that the guidance we offer as well as the advice we provide and the tools we create are objective, independent easy to use and cost-free. How do we earn money? Our partners pay us. This can influence the products we write about (and the way they appear on the site), but it does not affect our suggestions or recommendations, which are grounded in many hours of research. Our partners are not able to promise us favorable review of their services or products. . Why did I receive two Social Security Checks This Month? Two checks could be due within the same month, in the event that you're getting two different benefits, or there's an error in the calendar. This article was written by Connor Emmert Writer | Personal Financial, investment retiring Connor Emmert is a writer and a NerdWallet authority on investing. Prior to joining NerdWallet in 2021, he worked for a number of years as a licensed financial advisor for Bank of America/Merrill Lynch as well as Fisher Investments. Connor obtained an undergraduate degree in English from Colby College. When he isn't researching and writing about personal finances, he loves travelling (on points I hope), reading fiction and having a good time with his lapdog. Jan 12, 2023 edited by Claire Tsosie Assigning Editor | Business software, credit cards, payments Claire Tsosie is an assigning editor for NerdWallet. Her specialties include the study and development of strategies. She's written articles on a variety of topics, such as the business sector, Medicare and home improvement. Previously, she was an author for credit cards at NerdWallet for over five years. Her work was highlighted by Forbes, USA Today and The Associated Press. She's spoken in both CardCon (2017 and 2018) as well as FinCon (2019). Email:
. A majority or all of the products featured here are from our partners who compensate us. This impacts the types of products we write about and the location and manner in which the product is featured on a page. But, it doesn't influence our evaluations. Our opinions are entirely our own. Here's a list and . If you're receiving benefits, it's possible to receive multiple checks within the same month. In most cases, it could be due to two separate benefits or because a weekend or holiday falls on the same day you'd normally be receiving your check. In other cases it could be that you're receiving back payments. You're receiving two different payments. If you're currently benefiting from Social Security, it's important to understand which benefits you qualify for, as well as the exact payment schedule for each type of benefit. There are two main kinds of Social Security benefits: Social Security Administration Old-Age, survivorship and Disability Insurance, also known as OASDI or SSA is a benefit that is available to disabled and retired workers and the family members of deceased workers. The OASDI program can be divided into three primary categories that have the same taxes and payment plans, but they are not able to be collected at the same time: Social Security retirement benefits, which replace a portion of the pre-retirement earnings that are that are based on the lifetime earnings. You're usually eligible when you're over 62 who has already paid Social Security taxes for 10 or more years. Social Security survivor's income, which is a benefit given to an eligible spouse who is surviving, dependent parents, or children who are less than 18 years old or are disabled. Social Security Disability Insurance, or SSDI is a benefit paid to eligible adults and children with disabilities that qualify and a limited income. The Supplemental Security Income , or SSI offers supplemental income to those with low incomes who qualify for government income assistance. It is possible to get SSI in addition to disability or retirement payments. The schedule of payments for SSI differs from OASDI. It is possible to receive two checks a month, simply because you are eligible for and are enrolling in more than one benefit. If you receive the two benefits, Social Security benefits as well as SSI then you'll receive the SSI payment on the 1st of the month and your Social Security payments on the 3rd, in accordance with the Social Security Administration. Holidays or weekends can affect the timing of the payments. The Supplemental Security Income program offers aid to people with low incomes who are eligible for assistance from the government when they're older than 65, blind or disabled. SSI payments are made to those who qualify on the first day of each month. If the first day of the month falls on the day of a federal holiday or weekends, then the check will be sent out prior to the first day of the month, on the first day that isn't an official holiday or weekend. In some cases this could result in eligible people receiving two SSI payments in the exact month. For example, Jan. 1st in 2023 occurred to be a Federal holiday, and was a weekend day and therefore, those who qualified would receive their SSI benefit on Dec. 30th, the final business day in December 2022. This was not a federal holiday or weekend. OASDI benefits, on the other hand typically don't occur on the last or first day of the month, despite holiday adjustments. The benefits are usually paid out on the third, second or fourth Wednesday of each month, depending on your date of birth. If the Wednesday scheduled for benefits payment falls on an official holiday, the planned payment will default 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 in the same month through this program. It's nevertheless possible if you're also receiving SSI, or if you're being paid back disability benefits (more on that later). Learn more about to find out if you're receiving back-payments If you have to seek disability benefits under the Social Security OASDI program, it can take between three and six months or longer -- to figure out if you're eligible. If you're approved typically, it will take another 30 days prior to you can receive any compensation, which is among the reasons an is recommended as part of an overall financial plan. Read more about SSDI: After you're approved, SSDI will issue the lump sum amount of any benefits you missed when you applied. This payment is dated up to the date that you became disabled. SSDI back benefits are available to be received via direct deposit only. Therefore, you'll need to make sure you have an active bank account in order to be eligible for benefits. Once the benefit for the month has begun, you might receive two benefits in that same calendar month- one lump sum amount of back payments and your usual monthly benefit. The author's bio: Connor Emmert is a writer and NerdWallet's authority on investing. In the past, prior to his being a part of NerdWallet from 2021 onwards, he had spent several years as a licensed financial advisor for Bank of America/Merrill Lynch and Fisher Investments. On a similar note... Dive even deeper in Insurance Make smarter money decisions right to your inbox. 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