Watch These Dates for the Low Income – Watch Closely For Low Income Including Social Security, SSDI, SSI, VA Beneficiaries

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Watch These Dates for the Low Income - Watch Closely For Low Income Including Social Security, SSDI, SSI, VA Beneficiaries
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Watch these dates in April. I have the full list for you on this topic. so I can keep you updated each and every day during this very busy time as information is changing very rapidly.

I’m doing all the research so that you don’t need to and I break it all down into these short topics, which I deliver a couple of times each and every day. All right, so I do have a pretty long list of different dates that we need to keep an eye on very closely as we get into the month of April already. Where’s this year going? Seriously, it is going fast for me anyway. So anyway, these are a few key dates here.

There’s a pretty long list. Some of them will be obvious, but there are a few dates thrown in here that we need to watch very, very closely because there are some key things happening in the month of April, and it may impact a lot of low income and fixed income beneficiaries as well. So I want to lay this out in chronological order. In other words, starting at the beginning of the month and then working our way through the end of the month. I did not count how many dates I have here, but there’s probably, I don’t know, seven, maybe eight dates here.

I want to point out to you, just in this one month alone. All right, so let’s jump into this. The first one. Actually, the first couple here are kind of obvious, but I want to throw them in there. Since I’m talking about dates in April, you might as well just throw these into the mix.

All right, so number one is April 1. This is the day that those of you receiving SSI Supplemental Security Income benefits should be receiving your deposit, either into a bank account, onto a Direct Express card, wherever you typically receive your monthly SSI benefits. You should be getting it on Friday, April 1. So that’s an exciting one for you right there. But obviously, we all kind of know this, that’s when they typically arrive.

Now, next is April 3. Again, another obvious date. Don’t worry, I’ll be getting to more significant dates here in a second. But this date. I do know that a lot of you here in the community do receive your Social Security benefits as well.

Not everybody but a handful of people out there do receive them on the third of the month. However, this month or April, I should say the third of the month does land on a Sunday. So that adds a little bit of a mix. You may be receiving it the Friday before the first. You may see something pending on Saturday.

Otherwise, you may see it hit your accounts right away on Monday the fourth. So it’s kind of a mix out there, depending on when you see those benefits. But again, those should be arriving shortly thereafter or somewhere right around the third of the month as well for some of you who typically do receive your benefits on the third of the month. All right. Let’s extend out now to April 11, which just so happens to be a Monday.

So Monday, April 11, this is going to be a key date as well. This is the date in which Medicare needs to report their final analysis on that prescription item for Alzheimer’s, which is called Adduhelm. Now, this is a key date that we need to watch very closely here because this may indicate what they’re going to do going forward in regards to the Medicare Part B premium, whether they’re going to reduce it, and what is going to do to your monthly benefits going forward. If they reduce the Medicare Part B premium, that means you may be getting a little bit of a higher benefit going forward each and every month. So that is going to be a key date.

That is the day in which Medicare must release their final analysis on that prescription item. So I’m going to be watching that one very closely because we’ve already heard from the Health and Human Services Secretary that he’s kind of waiting for that final decision out of Medicare to determine what they’re going to do with the Medicare Part B premium going forward. So hopefully they will reduce that premium and give some of that money back to the monthly beneficiaries. So again, I’ll watch that date very closely for you, as I do get more information. Of course, I will bring that to you as soon as I get it.

All right. Let’s extend out now a couple of days, and that is April 13, the second Wednesday of the month. You know what? That one is right. For those of you who have a birthday landing anywhere between the first and the 10th of the month, your regular Social Security benefits should be arriving that day if you did not receive them on the third of the month.

So a lot of times the distribution of the Social Security benefits are distributed based on when your birthday lands in the month. The second Wednesday, the 13, April is when they actually do distribute benefits for those people with a birthday between the first and the 10th of the month. All right. But you probably already know that. But again, like I said, some of the dates will be obvious here that I’m going through.

But again, as long as I’m going through the dates in chronological order, I figured let’s just throw them into the mix. All right. Now, April 15, this is another very important day that we need to watch closely. This is the day in which the public health emergency declaration is set to expire. Now, this is going to be another key date that we need to watch very closely because here’s the deal.

As of right now, as of right now, anyway, they could extend this out further. The administration could do this. And let’s see what happens here. But as of right now, the public health emergency declaration is set to expire April 15. Now, this has been in place for over two years now from way back in early 2020.

When they put it in place, they continue to extend this out. Now, here’s why this is an important deadline and why this is an important date we need to watch. First off, for those of you who have been receiving Snap benefits and the emergency boosted Snap benefits, well, those have been possible because of the public health emergency declaration being in place. In the event this is allowed to expire, then guess what? Those emergency Snap benefits probably won’t be coming anymore.

So this is a key day. We got to watch this one closely. Now, also, another thing I want to throw out there as well. Now that this public health emergency declaration has been in place for about over two years now, a lot of people drawing on or taking advantage of or whatever the right way that I should say that is. I’m just saying, those of you on Medicaid, not Medicare, Medicaid, here’s the deal.

Since the public health emergency declaration has been in place, there’s been a lot of people that have been taking advantage of Medicaid. Well, as a result of that, they have not necessarily been auditing all of the recipients and who is actually eligible, things like this. However, once the health emergency expires, then they’re going to have to go in and start figuring out, okay, who’s actually eligible for it here who needs these benefits and who needs to be dropped. So in the event that the public health emergency declaration is dropped, we may be seeing a lot of people losing Medicaid benefits pretty much immediately. So that’s another key thing right there, especially for the low income taking advantage of those benefits right now.

It’s something very important. So April 15 a key date. We’ve got to watch closely as well. A couple of really important dates here in this month. All right, so let’s move on a couple more days here.

Monday, April 18, what is that day? Yeah, it’s the dreaded tax day. So generally, April 15, is the tax day. But this year, 2022, it is April 18. And I believe that happens to be a Monday, right?

Yeah, it’s Monday. Monday, April 18 is tax day. So if you need to file a tax return or if you do have an outstanding tax liability, make sure that you get that thing in and filed by April 18. Otherwise, you could be dealing with some pretty steep penalties. So just be aware of that.

But again, this is not accounting advice. This is not tax advice. I am not your accountant. I’m simply telling you what you need to be aware of here. But again, everybody’s situation is very different.

And examine your situation and maybe talk to a professional. I’m not really sure everybody’s situation is different. I just want to throw that out there. That is the date where Uncle Sam all comes knocking with his hand out, waiting for some money. So just be aware of that.

But hopefully you’re on the receiving end of that equation and getting some money from that guy. Right? The uncle that nobody likes. Anyway, just saying. Anyway, let’s keep going on here.

Let’s move out to April 20. Now, this is the third Wednesday of the month. Now, this is the next date in which those of you receiving Social Security benefits would be getting your benefits, provided your birthday lands between the 11th and the 20th of the month, provided you did not receive your benefits earlier in the month on the third, as I already described. So for those of you having a birthday that lands between the 11th and the 20th of the month, generally your Social Security or regular monthly benefits would be landing in your bank accounts or on your Direct Express card the third Wednesday of the month, which just so happens to be April 20. So keep an eye on that date as well.

But again, another obvious one, but I think I wanted to point it out just because we’re all aware of what’s going on. All right, I do have another date here for you. It is April 27. This is the fourth Wednesday of the month. And this is for those people who have a birthday landing between the 21st and the 31st of the month.

And this is when your regular Social Security benefits would typically land in your bank account, on your Direct Express card, wherever you typically receive those benefits. So be aware of that as well. And again, these are just your regular benefits. This is not like a boosted benefit. It’s not a bonus benefit.

It’s not a stimulus check, nothing like that. It’s just the regular time that you typically receive your benefits. So again, like I said, a bunch of key dates here in April that we need to watch very closely. Mostly April 11, April 15, and I guess April 18, which would be tax date, like I said. But mostly the key dates that we need to watch here are April 11 and the 15th.

I’m going to say those are probably the two most important days that we need to watch. Even though the days that you receive your regular monthly benefits are important, there’s not much of a variable there. Here’s. Why? Because you probably receive your benefits on the same day every single month like clockwork, and you’ve probably been receiving it on that same day for many years now.

So there’s really no variability, as in you’re going to get your benefits. There’s not going to be really any changes to your benefits. There nothing is really going to change with the distribution and those dates. But the 11th and the 15th, like I described, do have some pretty high variability. So that’s why we got to watch those dates very closely, because it could potentially impact your benefits.

And for those of you receiving Snap benefits or Medicaid, again, the 15th may be a key day. We’ve got to watch them very closely. So anyway, as I do get more information of course I’ll be right back here for you breaking it all down, helping you out in any way that I possibly can as that is my commitment to you and this community I hope this one helps you out as I do my research and I come across all these different dates I’d like to kind of come back in a topic and boil it all down for you just to have a glimpse into what we should be paying attention to in the following month right. So again I hope this one helps you. If you have any questions or anything like that Please leave those down below.

I do my best to read as many questions or comments as I can each day And I do my best to respond to as many each and every day and if I see the same questions or comments coming up time and time again I do my best to make a dedicated topic about that as well so just remember even if I don’t respond I do try to read as many comments as I can down below and thank you for all the really nice comments. I do see all of your messages and a lot of really nice comments so again thank you so much. so thanks again for watching this. I really do appreciate it.

If you haven’t done so yet Feel free to share this video with your friends, family, social media. Enjoy your day, stay safe out there and I’ll catch you in later in the next topic.

 

 

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4 COMMENTS

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