Social Security update: February direct payment worth $943 goes out in one day

The first Supplemental Security Income payment of 2024, worth up to $943 for individual filers, will go out to recipients in one day.

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. There were no payments in January.

The maximum amount each person can receive 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. The essential person category is for those who live with people receiving SSI payments and provide them with necessary care.

This year, individual filers will receive up to $943 each month, eligible couples will receive up to $1,415, and essential persons will get up to $472 each month, Read more…

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