Washington Examiner

Social Security update: January direct payment worth $943 goes out in 16 days

January’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in 16 days.

The next SSI payments are scheduled to be distributed on Dec. 31 because Jan. 1 is a federal holiday. According to the Social Security Administration, SSI payments are given to people living with debilitating disabilities that affect their income.

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To meet eligibility requirements, filers need to be at least partially blind or have a “physical or mental condition(s) that seriously limits their daily activities for 12 months or more or may be expected to result in death.”

The amount received depends on several factors, including the number of people filing. Applicants filing individually can receive up to $943 per month, couples filing jointly can receive up to $1,415, and essential persons, or those who provide SSI recipients with necessary care, can receive up to $472. Inflation has caused these amounts to increase by 3.2% since last year.

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Recipients can use an SSA calculator to figure out their payment total.

SSI payments and regular Social Security benefits are not connected. Those who receive Social Security payments do not automatically qualify for SSI payments and vice versa.