If you are here, it is because you want to know what’s up with Social Security and its payment date changes. You may also be receiving Supplemental Security Income, so there’s something important to know: there’s a March payment coming in February, and there’s a legitimate reason for it.
You should know that Social Security is playing “avoid the weekend.” If the original payment date falls on a Saturday, Sunday or holiday, they will send you the money the Friday before. For example, in February 2025, March 1st was a Saturday, so you get paid on February 28 the SSI allotment. The same thing happened in January: February 1st was a Saturday, and the deposit arrived on January 31st.
Maximum Supplemental Security Income Payments
Now, let’s talk numbers. Thanks to COLA (not the drink, but the Social Security cost-of-living adjustment), SSI amounts are up 2.5% this year. Although it may not seem like much, for recipients who depend on this income, every small change in inflation impacts them greatly.
These are the minimum payments for the three categories that SSI includes:
- If you are single and without commitments: $976 per month.
- If you have a partner and apply together: $1,450 per month.
- If you need help with basic things (like bathing or cooking): $484 extra.
Of course, these numbers could rise a little more if inflation continues to do its thing. So keep an eye on the news because the SSA is closely monitoring the CPI-W consumer price index.
Can you lose SSI? Yes, and here I tell you how
This is serious (but without getting dramatic). SSI is for low-income people, but there are ways to fly out of the program:
- It went too well for you: If your salary is raised, you win the lottery or your millionaire aunt leaves you an inheritance, goodbye SSI. Even big gifts count.
- You married someone who earns well: Now his income is added to yours. Love is beautiful, but sometimes it’s hard.
- You moved to another state: Some places have strange residency rules. If you go to one that doesn’t comply, bye.
- Your health improved: If you no longer qualify due to disability, you are removed from the program.
And the classic mistake: not reporting changes. If you don’t report that you have a part-time job, a scholarship, or that your roommate pays half of the rent, the SSA could eliminate you for “omitting information.” Better be transparent: a quick call avoids months without money.
Can I collect Social Security and SSI at the same time?
Of course! But with buts. SSI is for people with super low incomes, so if you already receive Social Security, your SSI will likely be smaller. Think of it like this: SSI is like an extra to make ends meet if your retirement check isn’t enough. But if your total income exceeds the limit, your SSI can be reduced or taken away.
Oh, and it’s not just income that counts: also the resources you have (bank accounts, properties, etc.). The limits change every year, so be informed. If you have questions, ask the SSA.