Food stamp recipients will shortly get their January payment, which contains the 12.5% cost-of-living adjustment (COLA) allowed for the financial year 2023. SNAP recipients were previously known as beneficiaries of food stamps. The COLA, which began on October 1, 2022, and will last through September 30, 2023, will support SNAP recipients in balancing off increased food prices.
Based on the SNAP routine in your state, January’s payment might be the same as earlier months’ payments. SNAP is a part of the U.S. Department of Agriculture, however, state governments manage the program. Payments are made according to a unique monthly deposit schedule that is specific to each state and U.S. territory.
Low-income families can receive support from SNAP when buying food. In the case that you qualify, SNAP benefits will be transferred each month into your SNAP account. Food stamps are no longer used; payments are instead done through Electronic Benefits Transfer (EBT) cards, though the cards may go by a different name in some states.
SNAP accounts are connected to EBT cards. Related to debit cards, cards could be swiped at the counter in grocery shops, large retailers, and other organizations. To finish the transaction, you must enter your PIN. You could also be able to buy acceptable meals online from merchant outlets, based on your state. To find out which merchants accept online EBT payments, go to the USDA page.
The USDA provides information on monthly payment schedules for all states and territories, so you can estimate when you’ll get your payout for January 2023. The majority of states schedule payment dates depending on SNAP case numbers, last names, or Social Security numbers all across the month. The monthly payment plan is mostly the same.