On February 1, the Supplemental Security Income payments worth $914 will arrive for the SSI recipients.
On February 1, the Supplemental Security Income payments worth $914 will arrive for the SSI recipients.
SSI Payment Updates
SSI payments from the Social Security Administration, worth $914 this 2023, are intended to help elderly, blind, and disabled people with little or no income. The funds allow them to afford essential items and goods, including food and shelter for every day, according to the SSA.
The administration said that the qualifying SSI couple 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. Married couples will get $1,371, while essential persons will receive $458.
The Scheduled Of The Release
SSI recipients will get their payouts on February 1. Recipients are anticipated to receive two payments in December, First payment was released on the 1st, and the second on the 30th. The second payout was counted as the SSI payment for January and was moved on the 30th because it fell on a holiday.
SSI payments are almost always given to recipients on the first of the month, and 12 payments are issued by the SSA annually. However, if the first day of a month falls on a weekend or holiday, the payments for that day will be moving to the last business day of the previous month, the same with the December, 30 payment case.
This 2023, 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 a weekend or holiday, according to the SSA’s 2023 schedule.
The 2023 SSI payments will be slightly higher compared to 2022 due to a cost-of-living adjustment thanks to SSA the payment rises to 8.7% higher to reflect the adjustment.
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