Social Security Payments: Up to $967 Coming This Friday for Eligible Individuals

For millions of Americans, Social Security payments are their main source of income, and this week, those who have applied for Supplemental Security Income (SSI) will receive their payout. SSI is available to adults and children who are blind or disabled and have little or no income.

Social Security Administration (SSA) SSI payments will be distributed to claimants nationwide this Friday, January 31. SSI payments are typically made on the first of each month; however, occasionally this isn’t the case since the dates of payments coincide with federal holidays or weekends.

In a 2022 blog post, the SSA stated that it does this to prevent financial hardship and to ensure that you do not have to wait past the beginning of the month to get your payment. You do not need to get in touch with us to report the second payment because it does not imply that you received two payments in the same month. According to the SSA, if a payment hasn’t arrived as planned, you should wait three working days before getting in touch with the government organization. Weekends and federal holidays are non-working days.

The maximum monthly SSI payment for 2025 is $967 for an individual and $1,450 for a couple, up from $943 and $1,415 for 2024, respectively, due to the yearly Cost of Living Adjustment (COLA), which took effect at the beginning of this year. Compared to recent years, this growth is less significant. After a time of high inflation brought on by the coronavirus epidemic, the COLA increased payments by 3.2 percent in 2024 and by a noteworthy 8.7 percent in 2023. Factors like income, the type of disability, and the number of persons living in the claimant’s household all affect how much a recipient receives. The Congressional Research Service reports that in February 2024, the average SSI payout handled by the federal government was $697.

The 2025 COLA will be the lowest Social Security seniors have gotten since 2021, according to Mary Johnson, an independent policy analyst for Social Security and Medicare. At the same time, rising costs for staples like housing, groceries, motor insurance, and any kind of maintenance and repairs continue to exist. Even if the COLA was the lowest since 2021, a 2.5 percent COLA would be seen as around average. The next SSI payment will be made on February 28—again, one day earlier than normal—for those who have applied for retirement income from the Social Security Administration.

When will beneficiaries receive their Social Security payments in February?

Every month the Social Security Administration (SSA) has to deliver millions of Social Security payments to beneficiaries of the retirement, survivor, and disability insurance (RSDI) and Supplemental Security Income (SSI) programs. Since the SSA has more than 72 million beneficiaries, they designed a monthly payment schedule so people can know the exact payment dates when they will receive their benefits. According to this schedule, beneficiaries will get their checks in February, as here detailed:

• On February 3rd the federal agency will deliver monthly paychecks to all beneficiaries who applied for benefits before May 1997.
• On February 12th, beneficiaries who qualify for the RSDI program and were born between the 1st and the 10th will get their Social Security payments
• On February 19th, beneficiaries who qualify for the RSDI program and were born between the 11th and the 20th will get their Social Security payments
• On February 26th, beneficiaries who qualify for the RSDI program and were born between the 21st and the 31st will get their Social Security payments
• On February 28th, SSI recipients who meet income and resource requirements will receive their Social Security payments in advance as the first of March falls on a weekend.