Supplemental Security Income recipients are set to receive the first of two December payments due to a scheduling quirk in a few weeks, for a total of $1,755.
The first payment is scheduled to be sent out to eligible people on Dec. 1, with the next of the monthly checks being delivered on Dec. 30 for those same recipients.
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The Social Security Administration issues SSI checks the Friday prior to months that begin on a weekend to ensure recipients have the check by the first of the month, per the agency. This phenomenon results in recipients receiving two checks in the same calendar month multiple times a year, but beneficiaries still only receive 12 checks per year.
Because Jan. 1, 2023, falls on a Sunday this year, the Supplemental Security Income payment for that month is delivered on Friday, Dec. 30, 2022.
In 2023, there will be four months with two payments under the same month: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October. New Year’s Day is a federal holiday, so every year, the January payment is distributed early.
The first payment in December will be set at 2022 rates, but the second payment, which is technically the January check, will be at 2023 rates set by the Social Security Administration.
For individuals, the rate for 2022 payments is $841, while for 2023 payments, it will be $914 per month. The rate for eligible couples for monthly payments in 2022 is $1,261, and the rate for 2023 is $1,371.
Essential persons, people who live with someone receiving SSI and provide them with necessary care, have a monthly payment rate of $421 for 2022 and will have a rate of $458 in 2023.
The increases are part of the yearly cost of living adjustments to make sure Social Security payments keep pace with inflation.
SSI was first issued by the Social Security Administration in January 1974, with payment rates increasing for cost of living adjustments since 1975, according to the agency.
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Some estimates say Social Security insolvency will occur in 2034 unless acted upon by Congress.
