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$967 Direct Payment Coming Sooner Than You Think—Don’t Miss This Important Update

Attention Social Security recipients: A key update has arrived regarding the March payment schedule for those relying on Supplemental Security Income (SSI). Mark your calendars—your $967 direct payment is set to arrive on February 28, 2025. This early deposit is due to a shift in the payment calendar, and here’s what you need to know.

Why the February Payment Covers March

Normally, SSI payments go out on the first of each month. However, when the first falls on a weekend or a federal holiday, the payment is issued a bit earlier. In this case, March 1, 2025, falls on a Saturday, so the payment will be sent on Friday, February 28, 2025.

This means that while there’s technically no SSI payment in March, you’ll receive the funds ahead of time at the end of February. The next regular payment will follow as scheduled on April 1, 2025.

How Much Will You Receive?

Beneficiaries will see $967 deposited directly into their accounts or delivered by mail, reflecting the latest Cost-of-Living Adjustment (COLA) increase. The COLA, implemented in January 2025, boosted the maximum federal SSI benefit from $943 in 2024 to $967 in 2025.

This adjustment is intended to help SSI recipients keep up with rising costs due to inflation.

Key Dates to Note:

  • February 28, 2025: Your March SSI payment will arrive early.
  • April 1, 2025: Regular payments resume.

Planning Your Budget

Given the schedule change, it’s important to plan accordingly. If you have automatic payments set up for rent, utilities, or other expenses, be aware that you won’t receive another SSI payment until early April.

Experts recommend checking with your bank or direct deposit service to confirm the exact arrival of funds. For those receiving checks by mail, delivery times may vary slightly depending on location.

How to Stay Updated

For any questions or concerns, you can visit the official Social Security Administration (SSA) website or contact your local SSA office. Staying informed will help ensure you’re prepared for any upcoming payment changes.

The advance payment at the end of February is a standard procedure, but understanding it in advance can help prevent financial hiccups and ensure smooth planning for the month ahead.

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