Recipients of Supplemental Security Income will receive a payment of $914 on Dec. 30, the first check reflecting 2023’s massive increase for Social Security payments.
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SSI recipients are receiving two payments this month due to the first day of next month, January, falling on a national holiday, New Year’s Day. The payment on Dec. 30 will be slightly higher than the first payment from earlier this month on Dec. 1, when SSI recipients received $841.
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This is because the Social Security Administration is enacting a cost-of-living adjustment to monthly benefits, leading to the payments in the new year being 8.7% larger.
The Dec. 30 payment will mark the first of 2023 SSI payments due to SSI recipients receiving no payment in January 2023. A total of 12 SSI payments are issued by the SSA every year so that recipients get one payment every month.
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In 2023, recipients will be given two payments within the same month in April, June, September, and December due to the first of the months following those falling on a weekend or a holiday.
