Social Security update: August direct payment worth $943 goes out in 23 days

Published July 9, 2024 6:00am ET

Supplemental Security Income payments for the month of August will go out to millions of beneficiaries in 23 days and are worth up to $943.

The payments will go out on Aug. 1. To be eligible, filers need to be at least 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.”