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    Home » Blog » Social Security update: April’s direct payment worth $943 goes out in 13 days

    Social Security update: April’s direct payment worth $943 goes out in 13 days

    March 20, 2024Updated:March 20, 2024 Business & Economy No Comments
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    Thousands of participants will receive their future Supplemental Security Income payment in less than two weeks, which is the largest episode since April and is for up to$ 943 for individual taxpayers.

    The Social Security Administration says the next episode may be made available in 13 weeks, starting on April 1.

    A person must be at least partially blind or have a “physical or mental condition( s ) that seriously limits their daily activities for 12 months or more, or be anticipated to result in death” for eligibility to receive SSI payments.

    The maximum amount that a recipient can receive is determined by the group in which they applied for the repayment. As an “essential man,” those who live with SSI recipients and provide them with the essential care are eligible for a smaller regular distribution.

    Individual filers can receive up to$ 943 each month, those who filed as a couple can receive up to$ 1, 415 a month, and essential persons get up to$ 472 each month, according to the SSA. These amounts are an increase of 3.2 % from 2023 due to inflation.

    CLICK HERE TO ACCESS MORE FROM THE WASHINGTON EXAMINER

    For those who qualify for both, the payments are made in addition to typical Social Security benefits, but not every victim will receive the greatest benefit.

    Taxpayers may see a personalized measure through the SSA’s computer.

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