The New Year is almost approaching, and SSI beneficiaries in the United States need the money to make ends meet. Thanksgiving, Christmas, and other major holidays, such as Black Friday, are projected to drive up recipients’ spending significantly.
On November 29, the Social Security Administration set the SSI payment date for December 1. Because it is not a business day, the first day of the next month will not result in a check on deposit. Instead, it will arrive two days earlier than predicted.
Will there be an SSI payment after November 29 before 2025 comes?
In fact, the Social Security Administration has confirmed that another payout will take place on December 31, 2024. As a result, the Supplemental Security Income payment received on November 29 will not be the last in recipients’ bank accounts for the year.
For your knowledge, the January payment will not be made on January 1, 2025. Rather than sending the money on a federal holiday (New Year’s Day), the SSA always sends it the prior month.
As a result, the cash you get from the federal government on December 31, 2024, should be set aside for January expenses. But who can get $1,450 or $1,415?
SSI maximum payment amounts for couples
The maximum benefit amount a Supplemental Security Income beneficiary can get in 2024 is $943. With the 2.5% 2025 COLA rise, a person will receive up to $967 beginning December 31, 2024.
Nonetheless, eligible married couples will receive up to $1,450 from the cost-of-living adjustment in 2025. This sum has increased from $1,415. To receive such a high sum, there should be no deductions.
The simplest approach for married couples to qualify for the highest SSI benefits is to have no wages and no resources. Of course, you must.
- Have a qualifying disability, or
- Be blind, or
- Be at least 65 years old.
An essential person will only receive up to $472 in 2024 and up to $484 in 2025.