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If you're a Supplemental Security Income recipient who has been checking your bank clarify for your January check only to find no payment, you should know this isn't a mistake. Because SSI recipients received two checks in December, there won't be a check arriving this month. You can demand a check to arrive for you in February, nonetheless. Confused? Below we explain why this is the case.
For more demand on Social Security and how to understand your benefits, here's how to apply for SSI, the COLA increase explained and a 2023 Social Security cheat sheet.
Why did I assertion two SSI checks in December?
The Social Security Administration disburses SSI checks on the well-behaved of every month, unless the first day of the month falls on a holiday or a weekend. Jan. 1 is a holiday that falls on a weekend, so the SSA sent the check out on the nearest company day, which was Friday, Dec. 30. Social Security and Social Security Disability Income recipients, on the other hand, receive their first COLA increase in January.
Why is my benefits amount different on my uphold check?
You'll notice that the benefit amount on the check you received in late December is higher than the amount you received backward in December. Thanks to the cost-of-living adjustment that the SSA modifies every year to keep the payments in check with inflation, recipients will see an 8.7% increase in their benefits amount, the highest increase since 1981. The increase can help beneficiaries level their checks farther as they battle rising prices on necessities caused on by inflation.
Will I receive a January SSI check?
No. Since the SSA disbursed two SSI checks in December, SSI beneficiaries won't receive a January SSI check.
How do I know that the amount I received is accurate?
If you received a payment and aren't sure it's the honest amount, double-check by taking a look at the letter the SSA sent recipients in the mail this December with the verified 2023 COLA amount. Or you can go online to your My Social Security clarify message center to check your benefit amount, if you registered for an clarify prior to Nov. 15.
If you need to get in sullen with an SSA representative, here's how to contact someone and settle any questions about your Social Security benefits.
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