How Much are SSI Checks in 2023?

The Social Security Administration has announced a cost of living adjustment for 2023. Social Security and Supplemental Security Income (SSI) will increase 8.7%. This impacts the maximum federal SSI payment amounts for 2023. We review payment amounts, why payments may be reduced, and estimated averages for other monthly benefits.
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0:00 SSI Checks
0:35 Reduced payments
0:56 Other benefits
1:24 Sources
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Read more on the Social Security COLA:
https://www.ssa.gov/oact/cola/SSI.html

https://www.ssa.gov/cola/

Read more on Estimated Ave. Monthly Benefits:
https://www.ssa.gov/news/press/factsh...

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