Payments Soon to Hit Mail Bringing $250 to 55
Million Social Security, SSI Beneficiaries
You should expect to receive your payment no later
than the first week of June 2009
March
10, 2009 - Nearly 55 million Social Security and Supplemental Security
Income (SSI) beneficiaries will receive a one-time payment of $250 each
as part of the economic stimulus program. Social Security plans to pay
all eligible Social Security and SSI beneficiaries by late May 2009.
You should expect to receive your payment no later
than the first week of June 2009, according to the latest Social
Security Q&A column in SeniorJournal.com.
Obama, McCain battle over private investment
accounts. Administration's failed economic policies have threaten
seniors' income security, says Committee to Preserve Social Security,
Medicare
The column is written by Oscar Garcia, Public
Affairs Specialist, with the Social Security Administration office in
San Antonio, Texas.
Garcia writes:
Only individuals eligible for Social Security,
SSI, Veterans, or Railroad Retirement benefits at any time during the
months of November 2008, December 2008, or January 2009 may be eligible
for the one-time payment.
If you are married and both you and your spouse
are receiving benefits from Social Security or SSI, you each will get
the one-time payment.
Children under the age of 18 (19 if still in high
school) who receive Social Security benefits are not eligible for the
one-time payment. However, disabled adult children and children who
receive SSI will receive a payment.
The one-time payment will be a separate payment,
which will not be included in your regular monthly benefit payment. We
will deliver your payment in the same way we currently deliver your
Social Security or SSI benefit. If we deliver your monthly benefit by
check, we will deliver your one-time payment by check. If you receive a
monthly direct deposit or Direct Express debit card payment, that is how
you will receive your one-time payment.
At this time, no action is necessary. SSA has all
the information we need to get your payment to you.
The American Recovery and Reinvestment Act of 2009
(Recovery Act) was signed into law by President Obama on February 17th,
2009.
The Social Security Website states, It is an
unprecedented effort to jumpstart our economy, create or save millions
of jobs, and put a down payment on addressing long-neglected challenges
so our country can thrive in the 21st century.
This link is to a page Social Security has created
on the Web to provide information on these payments -
http://www.ssa.gov/payment/.
This page on the SSA Website provides more
information about Social Security and the American Recovery and
Reinvestment Act of 2009 (the Recovery Act) -
http://www.ssa.gov/recovery/.