Social Security update: February direct payment worth $943 goes out in three days

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

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

In order to qualify for SSI, a person has to receive limited income and 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.”

The maximum amount of money each person receives through this program depends on the way 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 each month, according to the SSA.

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

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

The SSI program was created in 1974 and seeks to provide extra assistance to vulnerable people, including the elderly, blind people, and people with other debilitating disabilities. 

The 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. 

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