If you are a recipient of Supplemental Security Income (SSI), you may have heard that tomorrow, January 30, 2025, you will receive a payment of $967. Well, that may have created confusion for you because the payment of these benefits is always given on the 1st of each month, that is, the “correct” thing would be for the next payment to be on February 1st.
This payment is not random or an error; has a clear explanation and is related to how SSI payments are structured and the Social Security Administration (SSA) schedule. Below, I explain in detail why this happens and what it means for you as a beneficiary.
What is SSI, and who receives it?
To begin, we must differentiate the SSI program from other initiatives managed by the SSA, and it is financial assistance for low-income people who have limited resources and meet certain requirements.
It is designed to help adults over 65 years of age, people with disabilities, and children with disabilities who come from low-income homes. Unlike traditional Social Security benefits, which are based on work history and contributions through taxes, SSI is funded by general government funds and does not require prior work history.
Why am I receiving a $967 SSI payment tomorrow?
The SSI payment for an individual beneficiary was set at $967 for 2025 (after the 2.5% COLA increase), and the payment for a couple receiving benefits together is $1,450. The allowance for payment of one person’s essential assistance for a beneficiary is a maximum of $484 per month.
Returning to the issue of payment date, SSI funds are generally sent on the first day of each month. However, there are exceptions when the first day falls on a weekend or holiday. In this case, payment is advanced to the last business day of the previous month.
For example, the February 2025 payment would normally be made on February 1, but because that date falls on a Saturday, the payment will be moved forward to Friday, January 31.
What you can do with this money
The SSI payment is intended to cover basic needs such as food, housing, clothing, and medical care. If you are a beneficiary, it is important to plan how you will use these funds to ensure they cover your essential expenses during the month. Experts recommend avoiding spending money on superfluous or unnecessary things, and rather prioritizing other items of basic need.
If you don’t see the $967 deposit in your account on January 30, don’t panic. Sometimes delays can occur due to technical problems or internal processes of banks. However, if the payment does not appear in the next few days, I recommend contacting the Social Security Administration to verify the status of your benefit. You can call 1-800-772-1213 or visit their website at www.ssa.gov.