The Social Security Administration (SSA) gives monthly payments to people who are retired, disabled, deceased, or who get SSI. This November, though, things will be different for some SSI recipients because they will get two payments in one month.
his isn’t because the benefits have changed; it’s just a matter of timing: the first payment will still come at the start of November, but the second one will be sent out on November 29 instead of December 1, because that’s a Sunday.
This change happens all the time. The SSI program is meant to help people over 65, people with disabilities, and kids who don’t have much money by giving them money. If you are eligible for this program, it is very important that you keep track of the payment times and know how the advances are handled.
Double SSI payment in November: Why is this advance happening?
The Social Security Administration has set up a yearly payment plan so that people who get money from Social Security know when to expect it. The SSA handles more than 70 million payments every month, so having a clear plan helps keep things on track and avoids confusion and delays.
If for some reason you don’t get your SSI payment when you thought you would, you should wait at least three business days before calling SSA customer service. This gives any possible delays in mail transport or electronic transfers enough time to be fixed without any problems.
Will the double payment include a COLA increase?
The Cost-of-Living Adjustment (COLA) will be released in October, but it’s important to remember that this increase won’t show up in November’s payments yet. The change in the COLA will happen in January 2025. But SSI recipients will get their first check with the new amount on it on December 31, 2024, instead of January 1, 2024, because January 1 is a holiday. The payment will also be made a day early.
This increase is welcome news for SSI beneficiaries, as COLA is intended to adjust payments according to inflation, ensuring recipients can keep up with rising costs of basic necessities.
Other Social Security beneficiaries and their payments
Aside from people who get SSI, other groups also get monthly payouts from Social Security. This includes disabled people, seniors, and people who have lost a loved one. However, the way benefits are paid depends on when they were first asked for.
Benefits are paid on the third of every month to people who asked for them before May 1997. Instead, people who applied after this date follow a different plan based on when they were born:
- If born between the 1st and 10th of the month, payments are received on the second Wednesday.
- If born between the 11th and 20th, payments are received on the third Wednesday.
- If born between the 21st and 31st, payments are received on the fourth Wednesday.
Eligibility requirements for SSI in the United States
The SSA runs the SSI program, which gives regular payments to millions of Americans to help them pay their bills and save for retirement. Age, work history, type of disability, and Social Security contributions are some of the things that you must have in order to be qualified. The amount an applicant gets is also affected by how much money they make and how many tools they have.
For instance, a single person asking for SSI benefits could get up to $943 per month, and a couple could get up to $1,415 per month. People who are considered Essential Persons (EP) may also get an extra $472.
One of the main goals of these benefits is to make sure that people who worked and paid into Social Security can live on a basic level. Beneficiaries need to know how much money they might get and how the system decides what to do in each case.