USDA Says Increase In Social Security May Affect SNAP Benefits, Here’s How

According to the U.S. Department of Agriculture, the increase in Social Security may affect the SNAP benefits this year. In this article, read and find out how!

Social Security Benefits [Photo: Kiplinger]

According to Lucas, the USDA roughly calculates that 47% of the households that receive SNAP benefits also receive Social Security benefits. This percentage amounts to 126,740 households likely experiencing a decrease in their SNAP benefits. The Georgia Department of Human Services spokesperson stated that the decrease would amount to $38 for each household. Unfortunately, some households may even be pushed beyond the income limit and no longer be eligible at all.

READ ALSO: Increased Social Security Payments Lead To Unexpected Cuts In SNAP

Increase in Social Security Benefits

According to Paul, the Social Security and Supplemental Security Income (SSI) benefits have increased by 8.7% this 2023. This 8.7% increase is a cost-of-living adjustment (COLA) for around 70 million of Americans. Beginning in January, more than 65 million Social Security beneficiaries have experienced this increase. In December 2022, more than 7 million SSI beneficiaries have also seen the increase.

The Social Security Administration (SSA) has announced that its beneficiaries will receive an increase in their benefits due to the rising inflation. In almost 40 years, the inflation has been at its highest rate. The average Social Security benefit has reportedly increased to $1,827 per month from $1,681 per month in 2022.

READ ALSO: SNAP Emergency Allotments: When Will They End And Why?