How Much Will SSI Get Now? Supplemental Security Income 

How much will SSI get now? Supplemental security income
In this video, we discuss the SSI program otherwise known as supplemental security income which provides monthly payments to low income individuals. We discuss what these beneficiaries could be expected to start receiving as a new benefit as a result of a Raise to Benefits. The SSI program provides in most scenarios $794 per month, per beneficiary. However, there may be a substantial raise coming to these benefits in a relatively short amount of time.The SSI program provides a vital safety net for millions upon millions of Americans who are older adults, or people with disabilities and these payments are absolutely essential, as a result of the cost of living adjustment which will be announced by the Social Security administration, the preliminary estimate is looking at a 6.1% cost of living adjustment in 2022, we discuss with a new benefit for SSI, supplemental security income would look like based on a 6.1% preliminary cost of living adjustment.The Cost of living adjustment otherwise known as, cola, is an annual adjustment to benefits based on inflation. This is in reference to SSI cola for 2022
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