The USDA has announced a significant update to the SNAP (Supplemental Nutrition Assistance Program), often known as Food Stamps, with a Cost of Living Adjustment (COLA) that will increase benefits for many recipients.
This adjustment, set to take effect in October 2024, will provide much-needed financial assistance to millions of Americans, with maximum payments reaching up to $586 in some cases.
Timing
The COLA adjustment for SNAP benefits will be implemented in October 2024. This annual update is designed to keep SNAP benefits in line with inflation and the rising costs of essential goods.
While this adjustment will offer a boost to recipients, the increase will not be reflected until October, giving beneficiaries a little time to plan for the changes.
State-Specific Changes
Alaska and Hawaii
The highest increase will be seen in Alaska, where the maximum benefit will rise to $586 per month. This adjustment reflects Alaska’s higher cost of living and specific economic challenges. In contrast, Hawaii will experience a decrease in its maximum SNAP allotments, which could affect the purchasing power of many beneficiaries in that state.
Other States
Most states will see an increase in SNAP benefits, but the maximum payment will cap at $292 per family member. This adjustment means that a family of four, for example, could receive up to $1,168 per month in benefits.
However, the exact amount each household receives will depend on their specific circumstances, such as income, household size, and expenses.
How COLA Impacts Benefits
Nationwide Adjustments
The COLA adjustment affects all SNAP recipients, but how it impacts benefits can vary greatly between states. Each year, the USDA adjusts SNAP benefits based on the Consumer Price Index (CPI) and COLA to keep up with inflation.
In 2024, this adjustment was set at 3.1%, leading to a slight increase in benefits across the board.
State-Specific Variations
Some states choose to implement these federal increases fully, while others may only partially adjust their benefits. For example, states like California, Texas, and Florida have raised their SNAP allotments in 2024 to match the full 3.1% COLA increase. Other states may limit the adjustments to manage their budgets better.
Calculation Differences
The actual change in SNAP benefits will depend on how each state calculates net income and expenses. Even with the same federal COLA increase, different states may see varying amounts added to individual benefits.
Some states also implement specific programs, like the “Heat and Eat” policy, which can indirectly increase SNAP payments by boosting other benefits.
August 2024 Payment Schedule
While the COLA adjustment won’t take effect until October, SNAP beneficiaries should be aware of their payment schedules for August 2024 to ensure they receive their benefits on time. Here is a quick overview of the SNAP distribution dates for August:
| State | Payment Date |
|---|---|
| Alabama | August 4 to 23 |
| Alaska | August 1 |
| Arizona | August 1 to 13 |
| California | August 1 to 10 |
| Florida | August 1 to 28 |
| Texas | August 1 to 28 |
| New York | August 1 to 9 |
| Ohio | August 2 to 20 |
| Washington | August 1 to 20 |
| Virginia | August 1 to 7 |
(Refer to the full state list above for more details.)
Checking Your EBT Card
To keep track of your SNAP benefits, regularly check your EBT card balance. This simple action helps ensure you receive your payments on time and allows you to manage your budget effectively.
Staying informed about your benefits is crucial, especially with the upcoming changes in October 2024.
The COLA adjustment offers a small but significant boost to families relying on SNAP benefits. While these changes won’t be visible until October, the increase will provide vital support to help families cope with rising food costs and inflation.
Remember to check your EBT card regularly, stay updated on your state’s payment schedule, and prepare for the positive impact of the new SNAP benefits in 2024.
FAQs
When does the SNAP COLA adjustment start?
The COLA adjustment starts in October 2024.
What is the maximum SNAP benefit in 2024?
The maximum is $586 in Alaska; other states may vary.
Will all states see an increase in SNAP benefits?
Yes, except for Hawaii, which will see a decrease.
How do I check my SNAP benefits?
Check your EBT card balance online or via your state’s helpline.
Why are SNAP benefits changing?
Benefits are adjusted annually to account for inflation.
