If you’re here, it’s because you want to know what’s going on with Social Security and how the payment date changes. You may also receive Supplemental Security Income, so you should be aware that a March payment is due in February, and there is a legitimate reason for this.
You should be aware that Social Security is playing “avoid the weekend.” If the original payment date falls on a Saturday, Sunday, or holiday, the money will be sent to you the Friday before.
For example, in February 2025, March 1st fell on a Saturday, so you received your SSI allotment on February 28. The same thing happened in January: February 1st was a Saturday, and the deposit was received on January 31st.
Maximum Supplemental Security Income Payments
Now, let’s talk numbers. COLA (not the drink, but the Social Security cost-of-living adjustment) has increased SSI payments by 2.5% this year. Although it may not appear to be much, for recipients who rely on this income, even minor fluctuations in inflation have a significant impact.
The following are the minimum payments for SSI’s three categories:
- 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 there are some buts. SSI is for people with extremely low incomes, so if you already receive Social Security, your SSI will most likely be reduced.
Think about it this way: If your retirement cheque is insufficient, SSI serves as an additional source of income. However, if your total income exceeds the limit, your SSI benefits may be reduced or denied.
Oh, and your resources (bank accounts, properties, etc.) are just as important as your income. The limits change each year, so stay informed. If you have any questions, contact the SSA.
