February Social Security direct payment worth $994 goes out in 14 days

SSI payments are typically issued on the first day of a month. However, February’s payment will go out on Jan. 30. When the first of a month falls on a weekend or holiday, SSI payments are issued on the last business day of the previous month. This year, Feb. 1 falls on a Sunday. 

Beneficiaries are people with limited income who are either blind, aged 65 and older, or have a qualifying disability.

The amount beneficiaries receive varies based on several factors, including the number of people filing. For example, individual filers can receive up to $994, couples filing jointly can receive $1,491, and those providing essential care to SSI recipients can receive up to $498. 

In addition to the previous prerequisites for receiving SSI