Reader Question: When Will Social Security Recipients Receive $250 Payment?
A reader, Brenda, today commented on my American Recovery and Reinvestment Act of 2009 Breakdown post with the following question:
When will we get the 250.00, those of us that are on S.S. or will we.
When I read those articles on the stimulus plan after it was passed over the weekend, I didn’t see a mention of when people on social security benefits like Brenda will received the Economic Stimulus One-Time Payment, though I did read from somewhere that the payment will be distributed by the organization who also deliver the social security benefits. This means that, unlike the first economic stimulus payment we received last year, the check won’t come from IRS, but will from the Social Security Administration (SSA). And since this group of people, people on social security benefits, are the only ones receiving cash payment from the 2009 stimulus plan, there could be plenty of questions regarding when the payment will come. So I did a little search and went to SSA’s website (BTW, you should bookmark this site for further information) where found the following information about the time frame:
President Obama recently signed the American Recovery and Reinvestment Act of 2009. This act provides for the one-time payment of $250 to individuals who get Supplemental Security Income or Social Security benefits.
We expect everyone who is entitled to a payment to receive it by late May 2009. No action is required on your part.
We are currently working on the details regarding how we will issue over 60 million one-time payments to our beneficiaries.
When more information becomes available, we will promptly post it here. Please bookmark this site and check back regularly. Thank you.
So basically, SSI recipients can expect to receive the payment by early June if the payments are to be sent out by late May. In addition, according to SSA, for those who are currently receiving their benefits by check, then the one-time payment will also come in as a check in the mail. If you get your benefits via direct deposit, then you will have $250 direct-deposited into your bank, another reason why you should use direct deposit
Update: SSA has an FAQ section which answers most questions on eligibility of the $250 one-time payment. For example:
Question: Who will receive a one-time economic recovery payment from Social Security?
Answer: Nearly 55 million Social Security and SSI beneficiaries will receive a one-time payment of $250 each. To receive a payment, the beneficiary’s address of record must be in one of the 50 states, the District of Columbia, Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, or the Northern Mariana Islands.
Question: Are children who receive Social Security benefits eligible for the one-time economic recovery payment?
Answer: No, 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 will receive a payment.
Question: Are children who receive SSI benefits eligible for the one-time economic recovery payment?
Answer: Yes, disabled children receiving SSI are eligible for the one-time payment.
Question: I became eligible for benefits in February 2009. Will I receive the one-time economic recovery payment?
Answer:No. 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.
Question: Will ALL Social Security and SSI beneficiaries receive a one-time economic recovery payment of $250?
Answer: No. In most cases, the following individuals will NOT receive the one-time payment:
- Anyone living outside of the United States or its territories;
- Individuals who no longer are lawfully present in the United States;
- Individuals whose benefits have been suspended under the law for giving false or misleading statements;
- Social Security beneficiaries who are minor children;
- SSI beneficiaries who receive benefits at a reduced rate of $30 because they live in a medical treatment facility (such as a nursing home or hospital) and Medicaid pays over 50% of the cost of their care;
- Individuals only entitled to Medicare and not to Social Security or SSI benefits; and
- Prisoners, fugitive felons, and probation and parole violators.
Every situation is different, and there may be exceptions to these rules.
Check out the FAQ section to find out more.
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