New $900 Check, Raise For SSI and SSDI, Seniors, Social Security | SSA UPDATE 2022 - 2023
We have another big update for you and this is regarding the monthly checks. Do you know that a number of lawmakers and senators are now pushing for a monthly stimulus check? Yes, you heard it right, a stimulus payment every month. And we would like to ask you this very important question. Do you support this $2,000 monthly stimulus check for every adult and $1,000 stimulus payment for every dependent until this inflation ends?
Because always remember, your opinion matters the most. Now
it's the time to give you the details about the next $914 worth of payment that
is coming to millions of SSI, SSDI, Senior, Social Security, VA, RRB and Fixed
income beneficiaries. Social Security update is finally here as first increased
direct SSI payment worth $914 to arrive in just seven days. Yes, you heard it
right. In one week, millions of these beneficiaries are going to get their
check worth $914.
This is indeed a very big development, especially in this
inflation. Beneficiaries of Supplemental Security Income are nine days away
from receiving their monthly $914 worth of payment for January 2023. What about
the following check that is coming? Well, due to a scheduling cart, the money
set to be doled out on December the 30th will be the second for the month of
December, with the first installment of $841 having taken place on December the
first, bringing the total amount for the month to $1,755 per schedule from the
Social Security Administration. Checks are typically rolled out on the first of
the month.
The December 30 payment is for the January 2023 Supplemental
Security Income. Because January 1 falls on a Sunday and it is the first round
beefed up with the yearly cost of living adjustment implemented to keep pace
with inflation. Well, but how much are you going to receive means what about
the details of the amounts that millions of these Americans are supposed to
get? Well, Social Security payments are set to get a whopping 8.7% cost of
living adjustment next year. And Supplemental Security Income will get a
considerable boost of $73 per month in 2023 from the payment in 2022, resulting
in the $914 figure.
Couples on the program who receive about $1,261 a month will
get a boost to $1,371. As per the CNBC Essential persons, people who live with
someone receiving Supplemental Security Income and provide them with necessary
care will receive $458.
Well, what about the eight more checks that are coming? Well, there will be four months in 2023 featuring double payments due to a first of the succeeding month falling on a weekend or holiday, including March, June, September and December. The program begins sending out payments in 1974 and is intended to provide fiscal relief to individuals with disabilities. Over 7 million people receive payments from the program, while 65 million receive Social Security.
If you have any questions, let us know in the comments below
and we will be happy to answer each and every question of yours. Thank you so
much. We will see you on the next topic very soon. Till then, please take care
and have a nice day.
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