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

March’s Supplemental Security Income payment, worth up to $943 for individual filers, will go out to millions of beneficiaries in just over a week.

The payment will go out a week from Friday, March 1, and is the second payment for 2024 since no payments went out in January due to a scheduling quirk in the Social Security Administration’s calendar. The quirk saw two payments disbursed in December instead.

The maximum amount each person can get depends on the way he or she files for the payment. There are three categories for beneficiaries to file under: individual, joint, or essential person.

Individual filers can receive up to $943 each month, people who filed as a couple can receive up to $1,415 a month, and essential persons get up to $472 each month, Read more…

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