If you’re an eligible recipient of Supplemental Security Income (SSI), mark your calendars for February 28, 2025. This is the day when your payment will arrive in your bank account. For those who still receive paper checks, February 28 will be your payday, as the Social Security Administration (SSA) has adjusted the payment schedule to avoid conflict with the upcoming March 1, 2025, which falls on a weekend.
Why the Change in Schedule?
Typically, SSI payments are scheduled for the 1st of every month. However, the SSA cannot issue or schedule payments on weekends or federal holidays. Because March 1, 2025, falls on a weekend, the SSA has moved the payment date up to February 28, ensuring that recipients still receive their benefits in a timely manner.
How Much Can You Expect from SSI on February 28?
The amount you’ll receive depends on your eligibility, age, and marital status. Here’s a breakdown of what to expect:
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Married Couples: Eligible married couples may receive up to $1,460 per month. This is the maximum SSI payment, assuming you don’t have any reductions due to other income or benefits.
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Individuals: Single individuals can receive up to $967. This amount reflects a 2.5% increase from the 2024 SSI payments.
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Essential Persons: If you’re considered an “essential person,” you could receive up to $484, an increase from $472 in 2024.
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Average Payments: The average SSI recipient in 2025 will receive around $714. Payments may vary depending on age and other factors.
How the 2025 COLA Increase Affects Payments
In 2025, the Cost-of-Living Adjustment (COLA) resulted in a 2.5% increase across the board. While $15 extra per month may seem small, it adds up over time, providing an additional $180 per year.
Who Gets Less and Why?
Older adults tend to receive lower SSI payments compared to younger recipients. For instance, SSI recipients aged 65 and older will typically receive around $590, which is about $15 higher than previous payments due to the COLA increase.
Meanwhile, those aged 18-64 can expect $762 on average, which is slightly more than older recipients, reflecting the difference in living costs and economic needs for younger adults.
For Younger Recipients
Interestingly, those aged under 18 are the highest beneficiaries of SSI in terms of average amounts, with $834 on average. This is due to the specific needs and additional care younger recipients often require.
Important to Know
To qualify for SSI, you need to be a U.S. citizen or national with limited resources and income. This program is designed to provide financial support to those who are aged, blind, or disabled and have little to no income.
Frequently Asked Questions (FAQs)
What happens if I miss my SSI payment on February 28?
Payments are usually processed on time. However, if there’s an issue, it’s best to contact the SSA directly. In some cases, you may need to check your bank account for direct deposits or your mailbox if you receive a paper check.
What is the Cost-of-Living Adjustment (COLA)?
COLA is an annual adjustment that helps protect against inflation by increasing SSI payments to keep up with the rising cost of living. The 2025 COLA is set at 2.5%, which means SSI payments are slightly higher than in previous years.
How can I apply for SSI?
To apply for SSI, you need to meet specific eligibility criteria, such as being a U.S. citizen or national, and having limited income and resources. You can apply online, by phone, or in person at your local SSA office.
Can I still receive SSI if I have other income?
Yes, but the amount of SSI you receive may be reduced based on your other income. The SSA has specific guidelines on how much other income can affect your SSI payments.
What if I don’t receive my payment?
If you don’t receive your payment, contact the SSA immediately. They can provide details about the payment status and help resolve any issues.