Social Security update: Direct SSI payment worth $914 arriving in 10 days
Asher Notheis
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The month of February starts in 10 days, and with it comes the monthly payment of $914 that Supplemental Security Income recipients receive.
The money from this SSI payment will help recipients afford basic everyday items and goods like food and shelter. These payments from the Social Security Administration, which will be sent to recipients on Feb. 1, are intended to help elderly, blind, and disabled people who have little or no income of their own, according to the SSA.
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Eligible couples for SSI and essential people, meaning someone who lives with a person receiving SSI and provides necessary care, will also receive a payment from the SSA on Feb. 1. Couples will receive $1,371, and essential persons will get $458, according to the administration.
Recipients of these payments did not receive any payment this month because they received two payments in December — one on Dec. 1 and the second on Dec. 30. The latter served as the SSI payment for January.
The SSA typically gives its SSI payment to recipients on the first of the month. Twelve payments are issued by the administration every year, but when the first day of a month occurs on a weekend or holiday, the payments for that day are given on the last business day of the previous month. That was the case for the payment made on Dec. 30.
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Payments to SSI recipients this year will be slightly higher than the payments issued in 2022 due to a cost-of-living adjustment made by the SSA. The payment amount issued to recipients in 2022 was $841. This year’s payment is 8.7% higher to reflect the adjustment.
The SSA will issue double payments to recipients this year in March, June, September, and December because the first day of the following month will either be on a weekend or holiday, according to the SSA’s 2023 schedule