There are less than four more weeks until the first of two Supplemental Security Income payments in May, worth up to $943 for individual filers, goes out to millions of beneficiaries.
The first installment goes out in 27 days, on Wednesday, May 1, to people with a serious debilitating disability that results in a limited income, according to the Social Security Administration.
A second monthly installment will go out on May 30, and will replace June’s payment because June 1 is on a weekend.
The maximum amount each filer can get depends on the category under which they applied for the payment. People who live with SSI recipients to provide them with necessary care can qualify for a smaller monthly disbursement as an “essential person.”
Individual filers receive up to $943 each month, people 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.
In order to qualify for the payments, a person needs to be …