Get an Extra $967 in Retirement Benefits – Meet These 2 Simple Criteria

Spread the love

Retirees and qualifying individuals may receive a Supplemental Security Income (SSI) payment of up to $967, though not everyone will receive the maximum amount. The exact payment depends on an individual’s income level—the higher the income, the lower the SSI benefit.

Since this is a monthly benefit, those who qualify can rely on it to help cover living expenses, bills, and other financial needs throughout the year. However, it’s essential to understand the eligibility criteria to ensure continued receipt of this assistance.

Also Read – Why 67-Year-Old Retirees Won’t Receive $1,800 Social Security Payment in January 2025 

Eligibility for the $967 SSI Payment

To receive Supplemental Security Income (SSI), applicants must meet two key requirements:

  • Age or Disability: Must be 65 or older or have a qualifying disability.
  • Financial Need: Must have low income and limited resources to qualify for benefits.

It’s important to maintain eligibility over time. While age or disability status generally remains unchanged, financial circumstances can fluctuate. If income increases beyond the allowed threshold, SSI payments may be reduced or discontinued.

February 2025 SSI Payment Schedule

For February 2025, the Social Security Administration (SSA) will issue SSI payments on January 31st instead of February 1st, since the first of the month falls on a weekend. Whenever this occurs, the payment is sent on the last business day of the previous month.

Those who use Direct Deposit will receive their funds immediately on the scheduled payment date, while those receiving paper checks may experience a short delay.

By staying informed about eligibility requirements and payment schedules, beneficiaries can ensure they receive their monthly SSI benefits without interruption .

Ritu Sharma

Leave a Comment