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If you receive Social Security, you may have noticed a significant increase in your benefits this month due to an 8.7% cost of living adjustment, the largest in 40 years. However, this increase could affect other government assistance programs, such as SNAP benefits. SNAP is a critical food assistance program, and nearly half of SNAP households also receive Social Security benefits. The USDA warns that households receiving both benefits may see a decrease in their SNAP dollars starting in January, as SNAP is income-based and the increased Social Security payment could push families into a higher income bracket.
