$967 Social Security: For millions of people in the U.S., Social Security payments are nothing short of an economic lifeline. It has become a permanent support especially for retired elderly people, people receiving disability benefits, and those receiving Supplemental Security Income i.e. SSI. Now in July 2025, the Social Security Administration i.e. SSA is going to issue an average direct payment of about $967. The main purpose of this payment is to provide relief to people struggling with inflation and everyday expenses.
Given the rising inflation and cost of living, this payment is extremely important for families who depend solely on Social Security income. In this article, we will tell you in detail who will get this $967 payment, how it is calculated, when the payment will come in July 2025, and what things you should keep in mind to get it on time.
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Full details of $967 Social Security payment
First of all, it is important to know that this $967 is not a separate bonus or stimulus check. Actually, it is the average monthly Social Security payment that is given specifically to those retirees who have had low lifetime income or who have earned fewer work credits.
The Cost of Living Adjustment i.e. COLA for 2025 is being estimated at around 3.2%. However, the final confirmation of this figure will be done by the SSA in October 2024. COLA increases Social Security benefits every year according to the inflation rate so that the purchasing power of the beneficiaries can be maintained.
The average monthly Social Security payment for retired workers in 2024 is about $1,907. However, for people who have worked for a shorter period of time or whose income has been limited, this amount averages out to around $967. Therefore, this amount is mainly for those who are low-income retired workers or are receiving benefits under SSI.
Who will get a direct payment of $967
Not every Social Security recipient will get $967. This amount is just an average amount. It mainly applies to beneficiaries whose income has been limited or who are receiving partial or disability benefits. This also includes those who are receiving SSDI or survivor benefits. For SSI recipients, their monthly income remains at around the same level according to the additional assistance given by the state.
To get Social Security benefits, a person must have a valid Social Security number. To get retirement benefits or SSDI, the person must meet the required age limit or disability criteria and must also have sufficient work credits. To get SSI, a person must meet the conditions of low income and limited assets. Only those who meet these conditions become eligible for this average payment of $967.
When will the Social Security payment come in July 2025
The Social Security Administration pays beneficiaries based on their date of birth. The possible payment dates for July 2025 are already fixed and payments are made by the SSA on the same pattern every year. Those born between 1 to 10 will get payment on 9 July 2025. Those born between 11 to 20 will get the amount on 16 July 2025. At the same time, beneficiaries born between 21 to 31 will be issued payment on 23 July 2025.
This payment will be made on 1 July 2025 for SSI beneficiaries. If a person is receiving SSDI and his benefits started before May 1997, then he will get the payment on July 3, 2025. If you want this payment to reach your account on time, then it is very important to keep your bank details and address updated with SSA so that any kind of delay or error can be avoided.
How is Social Security benefit calculated
Social Security payment is calculated based on many factors. The most important of these is your lifetime earnings i.e. lifetime earnings. People who have earned good income throughout their life get more payment under Social Security. Apart from this, it also matters at what age you are retiring. If you retire early i.e. at the age of 62, then the amount you get is reduced. On the other hand, full eligibility is available on retiring at full retirement age 66 or 67 years.
Every year COLA i.e. Cost of Living Adjustment also increases the payment so that the beneficiaries can get relief from the effect of inflation. SSDI, SSI and survivor benefits are calculated using a different process than retirement payments. An average amount of $967 is common for people who have worked part-time jobs or are receiving benefits under the SSI plan.
What to do to get July 2025 payment on time
If you want your Social Security payment to reach your account on time and without any hassle, then some important steps have to be taken. First of all, it is necessary to set up direct deposit in your bank account. You can do this easily by visiting the official website of SSA or the nearest SSA office.
Apart from this, your personal information like address, email and phone number should be updated from time to time so that SSA can contact you. Keep an eye on the status of your payment from the account portal or mobile app provided by SSA. If SSA asks you for any document or verification, then complete it on time so that there is no hindrance.
If for some reason your payment does not arrive on time or there is a discrepancy, contact the SSA helpline at 1-800-772-1213 or visit your nearest SSA office for help.
What will be the impact of COLA in the future
The COLA that will take effect in 2025 has already increased monthly Social Security benefits slightly. But the COLA will be implemented again in January 2026 and it is likely to increase. This means that in the future beneficiaries could get a monthly payment of more than $967.
The main purpose of COLA is that as inflation increases, Social Security payments should also increase so that the financial condition of the elderly and needy people remains stable. This system is especially important for retired people living on fixed income.
Conclusion
The Social Security direct payment of $967 in July 2025 will bring a message of relief to millions of Americans who are dependent on low income or are living on fixed income after retirement. By keeping in mind the payment dates and eligibility conditions issued by SSA, you can receive this payment on time and safely. In the coming years, this amount can also be seen increasing further through COLA, which can strengthen the financial condition of the beneficiaries.
FAQs On $967 Social Security
Q. Is the $967 payment a bonus or stimulus check?
A. No, it’s the average monthly benefit for Social Security recipients after COLA adjustments.
Q. Who is eligible for the $967 Social Security payment?
A. Retired workers, SSDI recipients, SSI beneficiaries, and survivors with lower-than-average earnings.
Q. When will the July 2025 Social Security payment arrive?
A. Based on birth dates: July 9, 16, or 23, 2025. SSI will be paid on July 1, 2025.
