This is Why SSI Beneficiaries Usually are not Getting a January Examine

If you’re a Supplemental Security Money recipient who has been checking your bank account for your January verify only to come across no payment, you need to know this just isn’t a error. Since SSI recipients received two checks in December, there will not be a examine arriving this thirty day period. You can anticipate a test to get there for you in February, even so. Bewildered? Below we clarify why this is the case. 

For far more data on Social Stability and how to have an understanding of your added benefits, here is how to use for SSI, the COLA boost spelled out and a 2023 Social Security cheat sheet

Why did I get two SSI checks in December?

The Social Stability Administration disburses SSI checks on the 1st of each and every month, unless of course the 1st day of the thirty day period falls on a holiday or a weekend. Jan. 1 is a holiday break that falls on a weekend, so the SSA despatched the check out on the closest business enterprise working day, which was Friday, Dec. 30. Social Security and Social Stability Incapacity Revenue recipients, on the other hand, receive their first COLA maximize in January.

Why is my gains amount of money different on my 2nd test?

You will recognize that the gain total on the test you gained in late December is increased than the sum you acquired previously in December. Thanks to the cost-of-dwelling adjustment that the SSA modifies every 12 months to hold the payments in check with inflation, recipients will see an 8.7% increase in their benefits volume, the optimum maximize because 1981. The raise can support beneficiaries extend their checks farther as they struggle soaring costs on requirements introduced on by inflation. 

Will I obtain a January SSI look at?

No. Due to the fact the SSA disbursed two SSI checks in December, SSI beneficiaries won’t receive a January SSI test. 

How do I know that the total I gained is exact? 

If you been given a payment and aren’t sure it is the correct quantity, double-examine by taking a search at the letter the SSA despatched recipients in the mail this December with the confirmed 2023 COLA amount. Or you can go on the internet to your My Social Security account concept centre to look at your profit amount of money, if you registered for an account prior to Nov. 15.

If you need to have to get in contact with an SSA representative, here is how to get hold of an individual and resolve any thoughts about your Social Protection gains.