Social Security update: March direct payment worth $943 goes out in 28 days

There are just four weeks until March’s Supplemental Security Income payment, worth up to $943 for individual filers, will go out to millions of recipients.

The payment will go out on March 1 and marks the second paycheck for 2024, after no payments went out in January because of a scheduling quirk in the Social Security Administration’s calendar. February’s payment went out Thursday.

The maximum amount each person can receive through the program depends on how 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 receive up to $943 each month, eligible couples receive up to $1,415, and essential persons get up to $472, Read more…

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