Nearly 8 million Americans will get their Supplemental Security Income (SSI) payments this week.
For many, the benefit isn’t enough and that’s why there has been a boost.
How does SSI work?
The latest round of SSI payments was sent out on June 1. The Supplemental Security Income (SSI) provides financial support to people in need that are 65 or older. There are eligibility requirements, but anyone can apply. However, not all applicants will receive the same amount. Find additional details here.
You may get a payment either above or below average based on your personal circumstances. In order to qualify, you’ll also have to live in the US or the Northern Mariana Islands.
Which states provide supplemental payments?
No state supplement
Northern Mariana Islands
Social Security administered supplement
The following states provide their own additional payments in addition to the federal SSI payment. Amounts vary by state, but New York is offering an extra $87 a month and couples in Alabama will see an extra $120.
In most states, you will receive the federal benefit at the same time as the additional boost from the state.
SSI payments 2022
In December 2021, the cost-of-living adjustment (COLA) was increased to 5.9% for 2022. The monthly maximum federal payment is $841 for each eligible person.
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