Get Up to $967 in Social Security Payments This Friday, January 31

For millions of people in the US, Social Security payments are their main income source, and this week, those who applied for Supplemental Security Income (SSI) will receive their payment. SSI is available to adults and children who are blind or disabled and have little or no income. The Social Security Administration (SSA) will distribute SSI payments to all eligible individuals nationwide this Friday, January 31.

SSI payments are usually made on the first day of every month, but sometimes this is not the case because payment dates coincide with weekends or federal holidays. In such cases, payments are distributed earlier so that beneficiaries can get their payment before the first day of the month.

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SSI Payments Distributed This Friday

According to the SSA, individual SSI recipients will receive a maximum payment of up to $967 this Friday. In a 2022 blog post, the SSA said that this step is taken to prevent financial hardship so that there is no delay in getting your payment. If you don’t receive a previously scheduled payment, you must wait three business days before contacting the government. Note that weekends and federal holidays are not considered workdays.

The maximum monthly SSI payment for 2025 will be $967, while it can be up to $1,450 for couples. The amounts are up from $943 for 2024 and $1,415 for 2023 due to this year’s initial cost-of-living adjustment. The increase is slightly smaller than in the past few years. Following high inflation caused by the coronavirus pandemic, the COLA rose by 3.2% in 2024 and 8.7% in 2023.

COLA increase

The COLA increase in 2025 is the lowest since 2021. However, inflation causes a steady increase in the cost of things such as housing, groceries, motor insurance, and maintenance and repair costs. A COLA increase of 2.5% may be considered average, but this increase has an impact on the lifestyle of pensioners.

SSI Payments in February

The next SSI payment date in February will be February 28, which will be distributed one day earlier than usual, as the first day of March falls on a weekend.

Social Security Payment Dates in February 2025

The Social Security Administration (SSA) has to make millions of Social Security payments every month, including to beneficiaries of the Retirement, Survivor, and Disability Insurance (RSDI) and SSI programs. Since the SSA has more than 72 million beneficiaries, a monthly payment schedule has been created so that people know when they will receive their benefits.

The schedule of payments in February is as follows:

On February 3, SSA will make payments to all beneficiaries who applied before May 1997.
On February 12, beneficiaries of the RSDI program who are born between the 1st and 10th will get their payments.
On February 19, beneficiaries of the RSDI program who are born between the 11th and 20th will get their payments.
On February 26, beneficiaries of the RSDI program who are born between the 21st and 31st will get their payments.
On February 28, SSI recipients will get payments in advance as the first day of March falls on a weekend.

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Conclusion

This is a crucial time for individuals receiving payments and benefits under the entire SSI program. The SSI payments due ahead of time in February will help beneficiaries handle their financial affairs properly. Also, the COLA increase may bring a little relief to pensioners.

If you’re an SSI recipient, it’s time to check your eligibility and payment schedule so you can make the most of your benefits.