The Social Security recipients who qualify for the Supplemental Security Income may have already received their December payment on 29 November 2024, now they must be wondering about their January 2025 payment.
The January 2025 Supplemental Security Income will be based on the 2025 COLA increase. The recipients should know that they will receive their January 2025 payment in the coming days in December 2024 only.
SSI Payment for January 2025
The federal government offers support to adults and children suffering from disabilities who don’t have enough income and resources to cover their living expenses through SSI. The Social Security Administration administers the Supplemental Security Income and assists eligible Americans.
According to the SSA payment rules, the administration disburses the SSI payment on the first day of the payment month, however, if the payment day falls on a public holiday or weekend, the recipients receive the payment early. Based on this payment rule, the SSI recipients wondering about the January 2025 payments can expect the payment on 31 December 2024 due to the New Year’s Holiday.
The early payment of January 2025 on 31 December 2024 (Wednesday) means you will receive the payment according to the 2025 COLA increase. The recipients wondering if they will receive the payment on January 2025, should know the February 2025 SSI payment will be disbursed on 31 January 2025 as there is Sunday on 01 Feb 2025. The SSI recipients should check the 2025 Social Security Payment calendar to mark their payment dates for each month.
How much will you receive in SSI payment for Jan 2025?
The Social Security Administration has declared the 2025 COLA based on the CPI of the third quarter of 2024 and the previous year to ensure the Social Security benefits payments match the rising cost of living.
According to the SSA announcement made in October 2024, the recipients can expect a change in SSI payments from January 2025 by a 2.5% increase. Though the 2.5% COLA increase is not much higher than the past years, the recipients can expect their payment rise from the 2024 payments.
Based on the 2.5% 2025 COLA increase, the SSI recipients can expect the following SSI payout for each month based on the family situation:
- Individuals will receive the SSI monthly payment of up to $967 (Annually $11604.53) in 2025;
- The married couples eligible for SSI will receive a monthly payment of $1450 ($17404.87 annually) in 2025;
- The essential person who takes care of the people who receive SSI and have not qualified for the SSI for a long time can receive payments up to $484 ($5815.57 annually).
What makes you eligible for the SSI payments in 2025?
The Americans who meet the following eligibility requirements of SSI can claim and receive monthly assistance from SSA:
- To be eligible for SSI benefits, you must be a citizen of the United States and reside in one of the 50 states, the District of Columbia, or the Northern Mariana Islands.
- You are 65 years of age or older, have a disability, or are blind.
- You have no income or resources that add up to your financial hardship.
- Your blindness or impairment limits your capacity to work and can be fatal if it lasts for more than a year.
- If you are employed, for each month you make from employment, you must not earn more than $1971. When parents or couples apply for SSI assistance for their children, the income threshold rises to $2915.
- Your income resources, such as funds in your bank account or possessions, are minimal or do not exist. The resource limit in SSI: single resources should not exceed $2000, and for couples, they should not exceed $3000. However, the income resource limit may rise by $2,000 if the parents are filing for SSI payments for their eligible child.
- If you are under 64 years old you can receive the SSI payment when your disability limits your capability to work, or it may be fatal to your life or severely limit your ability to do day-to-day tasks.
- If you are a non-citizen, to qualify for the SSI benefit, you must fall within a qualifying alien category.
What changes should you report to continue receiving the SSI payments?
The SSI recipients have to report any changes that happen in their lives that could affect their SSI payments to authorities to avoid overpayment and consequences. The authority advised the recipients to regularly report the changes to continue receiving their payment accurately.
The recipients wondering about what changes they should report to continue receiving their SSI payments can check the following changes:
- You must report any change in your living situation, such as admitting to the hospital, moving place, etc,
- You must report the change in resources that could affect your SSI payments.
- You must report the change in marital status and operation to the administration
- You report the change in your wages and income or other resources income to the agency.
The recipients can report the changes in their family circumstances, living situation, income,and others online on the SSA official website via tools available for the circumstances changes in SSI benefits.
What to do if you do not receive the SSI payment on the payment day?
Generally, all the eligible recipients receive their Social Security payments on the scheduled date, however, if by any chance you miss the payment, you should immediately contact the SSA and inquire about the payment. But before that, you should follow the below instructions to check everything is correct from your end and that you are clear about your SSI payments:
- You must check the bank account statement and check if the payment is made into your account as sometimes it takes time to show the payment. You should also check if the bank details you have mentioned in your Social Security SSI application are active and valid.
- You should check if still meet the eligibility for SSI benefits after reporting the changes,
After you are sure of everything you should contact the SSA to inquire about the SSI payments delay or missing through the SSA helpline at 1 800 772 1213 or you can visit the nearby Social Security office and ask about the payment.
The SSI January 2025 payment will be disbursed on 31 December 2024, the recipients should mark the date and plan their finances accordingly to avoid any financial stress.