The purpose of SNAP payments has always been to help low-income households increase their food expenditures. SNAP payments have been modified in preparation for the next new year.
Cost-of-living adjustments (COLA) will increase by 12.5% for the fiscal year 2023, which began on October 1 and will end on September 30, 2023.
The rise in the cost-of-living adjustment was due to the 13% increase in the price of food between September 2021 and September 2018.
The revised COLA application for SNAP benefits resulted in modifications to beneficiaries’ SNAP payments.
SNAP Benefits 2023 Emergency Allotments
Since March 2020, the Oregon Department of Human Services has reported that the federal government has granted emergency allotments each month, giving SNAP participants in the state additional help beyond their payments.
In January, an additional $71 million will be provided to approximately 421,000 SNAP households in addition to their usual SNAP payments.
In Oregon, SNAP families will get emergency allotments on January 11, while those who did not receive benefits in the first monthly distribution would receive them on January 31 or February 2.
Despite the fact that emergency allotments have been issued since March 2020, beneficiaries of SNAP benefits may have to adjust to living without the additional payments.
The United States Department of Agriculture has urged states to cease emergency allotments by 2023. State officials in South Carolina have opted to cancel the state’s emergency allotments.
On February 1, according to the South Carolina Department of Social Services, all households will resume receiving their usual benefit amounts.
Higher SNAP Benefits 2023
Due to the COLA increase of 12.5%, SNAP benefits will increase for families. In the coming year, households receiving $500 in SNAP benefits will get an increase of $562.50.
The amount of rewards varies according to the size of the qualified household. A one-person household will now get $281 as opposed to the previous benefit level of $250.
Each new household member would result in a $211 payment, up from $188. The benefit amount is greater in Alaska and Hawaii.
One-person households in urban Alaska will earn $351, those in Alaska Rural 1 will receive $448, and those in Alaska Rural 2 will receive $545. The maximum allocation in Hawaii has been increased to $538.
Easier Eligibility Limits
In addition to the rise in compensation amounts, eligibility limitations also changed on October 1. In the 48 states of the United States, a one-person family must have a net monthly income of less than $1,133, an increase from $1,074.
In contrast, the maximum asset restrictions for a family with at least one person aged 60 or older and disabled should not exceed $4,250, an increase from the previous limit of $3,750.
The asset limit for all other households is now $2,750, an increase from $2,500 the previous year.
Elderly Simplified Application Project
The course of the Older Simplified Application Project is slated to begin in 2023, with the project’s objective being to enhance participation in Nutrition Assistance among the elderly population.
The initiative aims to expedite the application process for senior citizens by streamlining the application, interview, and verification procedures.
The qualifying requirements for this program require participants to be at least 60 years old and to have no paid or self-employment income.