Starting later this month, Supplemental Security Income payments will increase due to an automatic cost-of-living adjustment. (Disability Scoop)
People with disabilities receiving Supplemental Security Income can expect to receive two payments this month, but one will be higher than the other.
The Social Security Administration says that SSI benefits were paid on Dec. 1 and another round will go out on Dec. 29.
Typically, SSI is issued on the first of the month, but if that day falls on a weekend or a federal holiday, the payment is sent in advance. As a result, beneficiaries can expect two checks to arrive this month, but nothing in January.
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The maximum federal payment for individuals receiving SSI earlier this month was $914 and $1,371 for couples.
But, the next check will be larger thanks to an automatic cost-of-living increase taking effect in 2024. As a result, the top federal payment will grow to $943 for individuals and $1,415 for couples.
Actual payments to SSI beneficiaries could be higher since some states contribute extra.
About 7.5 million Americans receive SSI benefits each month, including many with disabilities.
Social Security said it would send notices beginning early this month detailing updated payment amounts for the new year. Beneficiaries can also check their account on Social Security’s website for more details about when to expect payments and how much they will receive, the agency said.
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