In 2022, people who receive Supplemental Security Income are going to see a big increase in their payments from the government. This could be especially helpful during a time when inflation is hitting people everywhere and the cost of living is rising. Here’s some more information on what to expect for SSI benefits in 2022.
An Increase in Payments
According to the Social Security Administration, monthly payments will go up by 5.9% in 2022. This started on December 30, 2021. This increase is because it’s connected to the annual automatic cost-of-living adjustment, also known as COLA, which is based on inflation and the U.S. Department of Labor’s Bureau of Labor Statistics Consumer Price Index. This is the biggest COLA jump since 1982.
How Much Will My SSI Go Up?
The maximum federal benefit for SSI is going up to $841 per month for individuals and $1,261 for couples. You could receive more if the state contributes to your benefits as well. You should have received a notice from the SSA about your payments increasing already.
The Payment Schedule
If you filed for benefits in May of 1997 or after, then you will receive your check based on your date of birth. According to the SSA, the schedule is as follows: “Any birthdays that fall between the first and the 10th will be paid on the second Wednesday of each month. Those born between the 11th and 20th will be paid on the third Wednesday of the month. And those born between the 21st and 31st will be paid on the fourth Wednesday of the month.”
If you filed before May of 1997, you’ll receive your payment on the third of the month.
Working With Schott Law
If you need help applying for SSDI & SSI, Schott Law is here for you. Maggie Schott is an SSDI & SSI lawyer serving Washington and Idaho. Contact us now at (509) 328-5789 to start your application.