​SSI stimulus payment update: Here’s who will get a $967 check this Friday, January 31 

31/01/2025
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09:18
CSTMillions of Supplemental Security Income (SSI) recipients will see an early payment this week, as the Social Security Administration (SSA) has scheduled direct deposits and checks to arrive on Friday, January 31, 2025. This adjustment is necessary because February 1 falls on a Saturday, prompting the SSA to issue payments a day earlier to ensure beneficiaries receive their funds on time.For many SSI recipients, this payment is crucial to covering monthly living expenses, including housing, utilities, and groceries. The maximum monthly SSI benefit for 2025 is $967 for individuals, reflecting a 2.5 percent cost-of-living adjustment (COLA). Eligible married couples can receive up to $1,450 per month, depending on their financial situation. This increase is part of the SSA’s effort to help beneficiaries keep up with inflation and rising living costs.While the check or direct deposit will arrive on January 31, it is technically intended for February. This means that beneficiaries should plan their finances accordingly, as the next scheduled SSI payment will not be disbursed until the end of February, due to March 1 also falling on a weekend.The SSA follows a structured payment schedule for SSI benefits, ensuring that recipients do not face delays when the first of the month lands on a weekend or holiday. This is why the February payment is being distributed a day early, giving recipients timely access to their benefits.SSI provides essential financial support to low-income individuals aged 65 or older, as well as those who are blind or disabled and have limited income and resources. To qualify for SSI, applicants must meet strict income and asset limits, which vary depending on individual circumstances. Those receiving both Social Security benefits and SSI may see different payment dates based on their eligibility and financial situation.Recipients who have signed up for direct deposit will see the funds in their bank accounts on January 31, while those who receive physical checks may experience slight postal delays depending on their location. The SSA encourages all beneficiaries to enroll in direct deposit to ensure a faster and more secure delivery of payments.As with any government benefits program, staying informed about payment schedules and benefit adjustments is key to financial planning. Since March 1, 2025, also falls on a weekend, the SSA will send that month’s payment on February 28, 2025, following the same scheduling rule. This means that recipients will have a shorter gap between payments, but they should still budget accordingly to manage their expenses throughout the month.