Starting in 2025, some retirees could see an extra $967 in their monthly income through the Supplemental Security Income (SSI) program. This government assistance is designed to help seniors and disabled individuals with limited financial resources. If you’re struggling to make ends meet, you may be eligible for this additional support.
What Is Supplemental Security Income (SSI)?
SSI is a federal program run by the Social Security Administration (SSA) to provide financial assistance to low-income seniors, blind individuals, and those with disabilities. Unlike Social Security benefits, which are based on your work history, SSI is need-based and considers your income and resources.
If you qualify, you could receive up to $967 per month in 2025, helping to cover essential expenses like food, housing, and medical costs.
Who Qualifies for This Extra $967?
To be eligible for the full SSI benefit, you must meet two key requirements:
1. Age or Disability Requirement
- You must be 65 or older, OR
- You must have a qualifying disability or blindness that prevents you from working and is expected to last at least 12 months or result in death.
2. Financial Need Requirement
- Your monthly income must be below $967 for individuals or $1,450 for couples in 2025.
- Your total resources (such as bank accounts and assets) must not exceed $2,000 for individuals or $3,000 for couples.
- Some income and assets, like your home and personal belongings, are not counted when determining eligibility.
Additionally, you must be a U.S. citizen or qualifying non-citizen and live in one of the 50 states, Washington, D.C., or the Northern Mariana Islands.
How to Apply for the Extra SSI Payment
If you meet the eligibility criteria, you can apply in three ways:
- Online: Visit the SSA website and complete the application process.
- By Phone: Call the Social Security Administration at 1-800-772-1213 (TTY 1-800-325-0778) for assistance.
- In-Person: Go to your local Social Security office to apply directly.
Be prepared to provide documents such as proof of age, Social Security number, income records, bank statements, and medical documentation if applying based on disability.
When Will You Get Paid?
SSI payments are sent out on the 1st of every month. However, if the 1st falls on a weekend or holiday, you’ll receive your payment on the last business day of the previous month. For example, the January 2025 payment will arrive on December 31, 2024, since January 1 is a federal holiday.
Maximize Your Retirement Benefits
If you’re approved for SSI, here are a few ways to make the most of your benefits:
- Budget Wisely: Plan your expenses around essential needs like food, housing, and healthcare.
- Combine Benefits: If you’re already receiving Social Security retirement or disability benefits, SSI can supplement your income.
- Check for State Assistance: Many states offer additional SSI payments, food assistance, and Medicaid coverage for eligible recipients.
With the rising cost of living, every extra dollar counts. If you think you qualify for this $967 monthly benefit, don’t wait—apply as soon as possible to secure the financial help you deserve.
