Supplemental SecurityIncome is not enough for many beneficiaries. Many US families are under pressure due to the skyrocketing prices. Especially those who already had a tight budget are suffering the most. On many occasions, they are those who get an SSIbenefit. Many of them are struggling to make ends meet. Many states across the US are aware of their hardships. Thus, they want to relieve that painful situation.
According to Social Security, there are about thirty-three states that arrange their own additional payments. Each state administers this supplement and pays for it. So you may contact them if you require further information. It would be faster for you to check those states that do not have supplemental payments to SSI. There are 7 in total and are Arizona, Arkansas, Mississippi, North Dakota, Northern Mariana Islands, Tennessee, and West Virginia.
The amount that beneficiaries of SSI receive is usually different from one year to another. This maximum amount is updated yearly when there has been an increase in the Consumer Price Index. This rise must have taken place from the third quarter of let’s say 2021 to the third quarter of 2022. Those who receive this benefit can get up to $841. However, if they get it as a couple, they will receive $1,261 instead.
Do all SSI beneficiaries receive the same amount of money?
When it comes to expenses, every little bit helps. In some states, you have just experienced warm days and freezing ones the day after. All of a sudden winter temperatures have turned up. This means that extra money on heating or electricity will be necessary.
Therefore, this supplemental payment will be essential. Thanksgiving celebrations are just around the corner. Not to mention Christmas and all its expenses. Unfortunately, not all SSI payments are the same, they depend on your personal situation and income.
Payments for the SSI and supplements are due on December 1. There are still fifteen days to get it tough. As it is not on a weekend or holiday, you will receive it on that same day. Otherwise, it would have been on the previous weekday. Planning expenses beforehand will allow you to save money. We all know that it is difficult to get by with SSI and even more with the expensive prices of gas, food as well as other services.
Some people are eligible for the 841 maximum for the SSI, but there are others who do not get as much as that. Since most beneficiaries obtain a bit more than $600 on average. If you have a disability, the average is different. So, you might have a higher payment. The amount for children who get SSI is nearly $685 per month. All of them are without supplemental payments. Many beneficiaries are looking forward to the 2023 payments in order to get an increase.