February’s Social Security direct payment of $943 will be sent out in two days
The First Supplemental Security Income Payment of 2024
Get ready! The first Supplemental Security Income (SSI) payment of 2024 is just around the corner. In just two days, recipients will receive their much-anticipated checks.
This payment is particularly special because it’s the first check of the year, thanks to a scheduling quirk in the Social Security Administration’s calendar. Mark your calendars for Thursday, Feb. 1!
How Much Will You Receive?
The amount you’ll receive depends on how you filed for the payment. There are three categories: individual, joint, or as an essential person.
This year, individual filers can expect up to a generous $943 each month. Eligible couples will receive up to $1,415, while essential persons who provide necessary care to SSI recipients will get up to $472 per month. These amounts are a 3.2% increase from 2023.
Keep in mind that not everyone will receive the maximum payment. To find out your personalized estimate, use the SSA’s handy calculator.
Qualifying for SSI
To qualify for SSI, you must have limited income and be either totally or partially blind. Alternatively, you must have a physical or mental condition that seriously limits your daily activities for at least 12 months or is expected to result in death.
The SSI program, established in 1974, aims to provide extra assistance to vulnerable individuals, including the elderly, blind people, and those with debilitating disabilities.
These payments are in addition to regular Social Security benefits, offering monthly financial support to adults and children with blindness or other disabilities and limited income.
Don’t miss out on this important payment! Stay informed and make the most of the Supplemental Security Income program.
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