Social Security update: Direct SSI payment worth $914 to arrive in 22 days
Asher Notheis
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Supplemental Security Income recipients have a little over three weeks before they receive their next payment of $914.
SSI payments from the Social Security Administration, which will be sent to recipients on Feb. 1, are intended to help aged, blind, and disabled people who have little or no income of their own. The money will allow them to afford basic everyday items and goods, such as food and shelter, according to the SSA.
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Recipients of these payments are not receiving any payment this month due to already receiving two payments in December, one on Dec. 1 and the second on Dec. 30, with the latter serving as the SSI payment for January.
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 administration.
The SSI payments for this year will be slightly higher than in 2022 thanks 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.
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Payments to SSI recipients are almost always given to recipients on the first of the month, with 12 payments being issued by the SSA every year. However, 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, as was the case for the payment made on Dec. 30 of last year.
This year, the SSA will issue double payments to recipients 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.