Social Security update: Direct SSI payment worth $914 arriving next month

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The likeness of Benjamin Franklin is seen on U.S. $100 bills, Thursday, July 14, 2022, in Marple Township, Pennsylvania. (AP Photo/Matt Slocum) Matt Slocum/AP

Social Security update: Direct SSI payment worth $914 arriving next month

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Supplemental Security Income recipients are scheduled to receive their next payment of $914 on Feb. 1.

This payment to SSI recipients will come after they received no payment for the month of January. Recipients are receiving no payment this month due to receiving two payments in December 2022, one on Dec. 1 and the second on Dec. 30, according to the Social Security Administration’s schedule of payments.

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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.

Payments for SSI recipients are always issued on the first of the month, with a total of 12 payments issued by the SSA every year. The lack of a January payment for SSI recipients was caused by the SSA giving people their January payment on Dec. 30 due to Jan. 1 being both a national holiday and a weekend day.

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On days when the first day of a month occurs on a weekend or a holiday, SSI payments are given on the last business day of the previous month.

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, according to the SSA’s 2023 schedule.

© 2023 Washington Examiner

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