On Social Security? Look For An Extra $250 Soon

May 3, 2009

If you receive Social Security benefits, you can expect $250 extra in your check this month.

Vice President Joe Biden announced Thursday that the federal government will send out $250 economic recovery payments to people who receive Social Security and Supplemental Security Income (SSI) benefits beginning in early May and continuing throughout the month.

No action is required to get the payment, which will be sent separately from the person’s regular monthly payment.

“The Social Security Administration and Commissioner Astrue have been working closely with other federal agencies to get these payments out the door in record time and into the hands of folks who need it most,” said Vice President Biden in a press release.  “These are checks that will make a big difference in the lives of older Americans and people with disabilities – many of whom have been hit especially hard by the economic crisis that has swept across the country.”

The payments will go to about 55 million Americans.

The American Recovery and Reinvestment Act of 2009 provides for a one-time payment of $250 to adult Social Security beneficiaries, and to SSI recipients, except those receiving Medicaid in care facilities.  To receive the payment the individual must be eligible for Social Security or SSI during the months of November 2008, December 2008 or January 2009.

The legislation also provides for a one-time payment to Veterans Affairs (VA) and Railroad Retirement Board (RRB) beneficiaries.  The VA and RRB will be responsible for paying individuals under their respective programs.  However, if someone receives Social Security and SSI, VA or RRB benefits, he or she will receive only one $250 payment. People getting Social Security or SSI should not contact the agency unless a payment is not received by June 4, 2009.

For more detailed information about the $250 one-time economic recovery payments, go to www.socialsecurity.gov/payment.

Comments

Comments are closed.

Written by William Reynolds · Filed Under News