The first Supplemental Security Income payment of the new year, worth up to $943 for individual filers, will go out to recipients in one week.

The payment, which is the first check of 2024 because of a scheduling quirk in the Social Security Administration’s calendar, will be released on Thursday, Feb. 1.

The amount of money each person receives can vary depending on how each recipient filed for the payment. There are three categories when filing: individual, joint, or as an essential person. 

This year, individual filers will receive up to $943 each month, eligible couples will receive up to $1,415, and essential persons, who live with people receiving SSI payments and provide them with necessary care, will get up to $472, according to the SSA.

Not every recipient will receive the maximum payment, and filers can see a personalized estimate through the SSA’s calculator.  The amounts are an increase of 3.2% from 2023.

To qualify for SSI, a person has to be totally or partially blind or have a “physical or mental condition(s) that seriously limits their daily activities for a period of 12 months or more, or may be expected to result in death.”

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The SSI program was created in 1974 and seeks to provide extra assistance to vulnerable Americans, including the elderly, blind people, and people with other debilitating disabilities. The program was intended to provide an income floor, which state assistance programs would supplement.

The SSI payments are given on top of regular Social Security benefits, providing monthly payments to adults and children with blindness or another disability and limited income.