March’s Supplemental Security Income payment, worth up to $943 for individual filers, will go out to millions of beneficiaries in just over a week.
The payment will go out a week from Friday, March 1, and is the second payment for 2024 since no payments went out in January due to a scheduling quirk in the Social Security Administration’s calendar. The quirk saw two payments disbursed in December instead.
The maximum amount each person can get depends on the way he or she files for the payment. There are three categories for beneficiaries to file under: individual, joint, or essential person.
Individual filers can receive up to $943 each month, people who filed as a couple can receive up to $1,415 a month, and essential persons get up to $472 each month, according to the SSA. These amounts are an increase of 3.2% from 2023 due to inflation.
The essential person category is for people who live with those receiving SSI payments and provide them with necessary care.
In order to qualify for the SSI payments, people have to have limited income and be totally or partially blind or have a “physical or mental condition(s) that seriously limits their daily activities for a period of 12 months or more, or may be expected to result in death.”
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The payments are given on top of regular Social Security benefits, providing monthly payments to adults and children with blindness or another disability and limited income.
Not every recipient of Social Security benefits will receive the maximum payment, but filers can see a personalized estimate through the SSA’s calculator.