February’s Supplemental Security Income payment, worth up to $967 for individual filers, will go out to millions of beneficiaries in 21 days. The next SSI payments are scheduled to be distributed on Jan.

Because of the calendar, Social Security recipients who get Supplemental Security Income benefits get their first 2025 check on Dec. 31, 2024.

Here is the January Social Security payment schedule for retirement, disability, and survivor beneficiaries, as well as those who receive Supplemental Security Income (SSI).

Those who receive Social Security payments will see a bit of a change to their regularly scheduled payments for the first couple months of 2025. In particular, those receiving Supplemental Security Income (SSI) will receive their first payment of 2025 this Tuesday, the final day of 2024.

As of the 2024 Trustees Report, Social Security was contending with a $23.2 trillion (and growing) long-term funding obligation shortfall. Even more pressing, the asset reserves for the Old-Age and Survivors Insurance Trust Fund (OASI), which provides monthly payouts to retired workers and survivor beneficiaries, is expected to be depleted by 2033.

Fact checked by Giselle Cancio If you're a qualified American, you're entitled to receive your hard-earned Social Security benefits in retirement. However, you may find yourself in a situation where your Social Security benefits are smaller than expected because you've earned too much money while receiving early retirement benefits.

One of the most critical decisions is when to start receiving Social Security benefits. Social Security is a primary source of retirement income for many Americans, so it makes sense to think about all the possible ways to maximize benefits.

If you're nearing retirement, you may be asking yourself the same question millions of Americans have asked themselves: when should I begin claiming my Social Security benefits? The unfortunate truth is that the vast majority of claimants make the wrong decision,