The Supplemental Security Income (SSI) program doesn’t always stick to the same date each month for issuing payments. Typically, beneficiaries receive their direct deposits or checks on the first of every month.
However, if that date falls on a weekend or a federal holiday, the Social Security Administration (SSA) adjusts the payment schedule to an earlier date.
Due to this, the upcoming SSI payment initially set for December 1, 2024, has been rescheduled. Since December 1 falls on a weekend, the SSA has moved the payment date forward to November 29, 2024, which is two days in advance.
How Much Will SSI Beneficiaries Receive on November 29, 2024?
For recipients who continue to meet the eligibility criteria without any changes in their personal or financial situations, the payment amount on November 29, 2024, will be identical to the amount received on November 1, 2024. Here’s a breakdown of the average SSI payments by recipient group:
| Category | Average Monthly Payment |
|---|---|
| All SSI Beneficiaries | $697 |
| Beneficiaries Under Age 18 | $813 |
| Beneficiaries Aged 18-64 | $743 |
| Beneficiaries Aged 65 and Older | $574 |
If an SSI recipient experiences significant changes, such as marriage, new employment, or other major life events, they must inform the SSA. These updates are crucial since they can lead to adjustments in the payment amount—either an increase or decrease—based on the new circumstances.
Will the November 29 Payment Include the 2025 COLA Adjustment?
The SSI payment scheduled for November 29, 2024, will not reflect the 2025 cost-of-living adjustment (COLA). The adjustment will only take effect with the December 31, 2024 payment. This means that SSI recipients will have to wait until the very last day of the year to benefit from the 2025 COLA increase.
On the other hand, Social Security retirement and disability (SSDI) beneficiaries will see their increased payments with the first checks issued in January 2025. The COLA boost, estimated at 2.5%, will be applied to payments disbursed between January 3 and January 22, 2025.
If you are struggling with low income and limited resources, applying for SSI benefits can provide crucial financial support.
FAQs
Why is the December 1, 2024, SSI payment being issued early?
A: Since December 1 falls on a weekend, the SSA has moved the payment date to November 29, 2024, ensuring beneficiaries receive their funds promptly.
Will my SSI payment on November 29 include the COLA increase?
A: No, the COLA adjustment for 2025 will not be included in the November 29 payment. It will apply to the December 31, 2024 payment.
How can changes in my personal circumstances affect my SSI payment?
A: Significant life changes, like getting married or starting a new job, can alter your SSI benefits. You must report these changes to the SSA, as they may impact your payment amount.