Changes to SNAP benefits begin Thursday: Here’s what it means for your wallet
AI Image

Changes to SNAP benefits begin Thursday: Here’s what it means for your wallet

WYFF • • nation

Key Points:

  • Starting Thursday, the Supplemental Nutrition Assistance Program (SNAP) will increase maximum monthly benefits to account for inflation, with a single-person household benefit rising to $306 and a family of four to $1,023 in the contiguous U.S.
  • These benefit adjustments reflect changes in food costs, but actual payments vary based on household income, size, and expenses; benefits are higher in Alaska, Hawaii, Guam, and the U.S. Virgin Islands.
  • States will now be responsible for 75% of SNAP administrative costs, up from 50%, while the federal government’s share drops to 25%, due to a 2025 tax and spending law signed by former President Donald Trump.
  • Beginning in October 2027, some states may also need to contribute toward SNAP benefit costs based on their payment error rates.
  • SNAP enrollment has declined significantly, with over 37 million people receiving benefits in March 2024, down more than 11% from the previous year.

Trending Business

Trending Technology

Trending Health