Social Security update: Direct SSI payment worth $914 arriving on Feb. 1
Asher Notheis
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In a little less than a month, recipients of Supplemental Security Income will receive their monthly payment worth $914
Recipients of SSI are receiving the payment in February since they received two payments in December, one on Dec. 1 and the second on Dec. 30, according to the Social Security Administration’s schedule.
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SSI payments are typically given to recipients on the first of the month, and 12 payments are issued by the SSA every year. However, on days when the first day of a month occurs on a weekend or a holiday, the payments are given on the last business day of the previous month, as was the case with the payment on Dec. 30.
Eligible couples for SSI and essential persons, 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, while essential persons will get $458, according to the SSA.
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For 2023, the SSA will issue double payments to recipients in the months of March, June, September, and December due to the following months starting on either a weekend or a holiday.
The SSI payments will be slightly higher in 2023 compared to the previous year thanks to a cost-of-living adjustment the SSA made. The payment issued to recipients in 2022 was $841, with 2023’s payment being 8.7% higher to reflect the adjustment.