March’s Supplemental Security Income payment, worth up to $943 for individual filers, will go out to millions of recipients in a little more than three weeks.
The payment will go out in 23 days, on Friday, 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.
There are three categories recipients can choose from when filing for the payments: 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.
The maximum amount each person can receive through this program depends on how each recipient filed for the payment.
Individual filers can receive up to $943 each month, eligible couples can receive up to $1,415, and essential persons get up to $472 each month, according to the SSA. These amounts are an increase of 3.2% from 2023 due to inflation.
Not every recipient will receive the maximum payment, and filers can see a personalized estimate through the SSA’s calculator.
To qualify for SSI, a person has to receive limited income and be totally or partially blind or have a “physical or mental condition(s) that seriously limits their daily activities for a period of 12 months or more, or may be expected to result in death.”
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The payments are given on top of regular Social Security benefits, providing monthly payments to adults and children with blindness or another disability and limited income.
The SSI program was created in 1974 and seeks to provide extra assistance to vulnerable people, including the elderly, blind people, and people with other debilitating disabilities.
