More than 7 million Americans receive SSI payments every month. Many of them are retirees who are collecting both Supplemental Security Income and Social Security retirement benefits. If you are in this situation, it implies that your retirement check or direct deposit is low or too low.
Therefore, you qualify for an additional check to supplement your monthly income. SSI benefits always arrive a few days before your Social Security payment. Although Supplemental Security is usually due on the first day of the month, the March 1 payment will be delivered on February 28, 2025.
Retirees getting SSI and Social Security
To qualify for the Social Security retirement payment on March 3, 2025, you must have:
- started collecting Social Security before May 1997, or
- gotten approval for both Supplemental Security and Social Security
To get SSI you must have filed for this Federal program, but you may not be receiving Social Security if you do not have a low income and you have plenty of resources.
Who will receive $590 from SSI?
The SSI program will pay checks or direct deposits of up to $967 for individuals. However, if you are aged 65 or older, the average payment will be $590. This is lower than the full amount because many retirees are on Social Security simultaneously.
Hence, they get a reduction and do not qualify for the full amount of the Supplemental Security Income program in the United States. Other average amounts are also available.
For example, all Supplemental Security Income recipients have an average payment worth $714. If you are aged 18-64 you can receive about $762 on average. The group of recipients receiving this benefit with the largest average payment is those aged under 18.
As a matter of fact, those under 18 can receive $834 from the Federal Government. If you have a low income and limited resources you can apply for this monthly payment in February. Approvals and decisions are not fast, so do not put it off.
