SNAP 2023: Everything To Know About Changes Happening This Year

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Formerly referred to as food stamps, the Supplemental Nutrition Assistance Program, or SNAP, is a government welfare program that provides assistance to families and individuals suffering from food insecurity. As many as 41.2 million U.S. citizens, or about 1 in 8 Americans, participated in the program in fiscal year 2022.

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SNAP Benefits: How Long Do They Last?

Although the broad strokes of the SNAP program remain the same from year to year, certain details change annually. Here are some of the biggest changes that are on tap for the SNAP program in 2023. 

Cost-of-Living Adjustment

SNAP benefits are adjusted annually based on the rate of inflation. The announced increase in payments for 2023 — which technically started Oct. 1, 2022 — was 12.5%. This means that households receiving $500 in SNAP benefits from Oct. 1, 2021, to Sep. 30, 2022, will see an increase to $562.50 for this year. 

Higher Top Payouts

Starting Oct. 1, 2022, and running until Sept. 30, 2023, SNAP recipients will see higher maximum benefit amounts. The values vary depending on the size of the qualifying household, as follows:

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These SNAP maximums apply to the 48 contiguous states and the District of Columbia. Separate tables are in place for residents of Guam, the U.S. Virgin Islands, Alaska and Hawaii. Here is the range of SNAP maximums for each of these locales based on household size:

Easier Eligibility Limits

To qualify for SNAP benefits, households must have net monthly incomes below these levels, with different limits applying to those in the 48 states, Guam and the U.S. Virgin Islands, those in Alaska, and residents of Hawaii. Starting Oct. 1, 2022, limits were increased to the following levels:

Maximum Asset Limits

SNAP maximum allowable asset limits increase for this fiscal year as follows:

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