According to the Social Security Administration (SSA), one SSI payment is still scheduled to be mailed before the end of the year. Beneficiaries of the Supplemental Security Income (SSI) program will get their final payment for the year on December 31st.
However, beneficiaries should be informed that this is an additional payment because January 1st is a holiday. Social Security beneficiaries in this program typically receive their benefits on the first of each month, unless that day falls on a weekend or federal holiday.
As a result, if this scenario occurs, the SSA reschedules the payment for the previous working day to prevent recipients from being financially harmed. If you are currently eligible for these benefits or want to apply, you may learn more about the most recent SSI check here.
There is only one SSI check remaining to be paid from the 2024 schedule
Every month, members of the Supplemental Security Income program get a variable payment amount based on the category they choose when applying, as well as their income and resources. For example, recipients who meet all financial conditions may earn an average of $698 per month.
Those who filed as individuals or couples may collect $943 and $1,415 per month, respectively. Finally, there is a category known as the essential person (EP); if an eligible recipient meets this condition, they may get an additional $472 payment.
According to the Social Security Administration’s website, an essential person is someone who has lived in the home of a qualifying individual since December 1973, was not eligible for state assistance in December 1973, and has never received SSI payments on his or her own or as an eligible spouse.
Because satisfying all conditions can be difficult, it is critical to constantly consider your individual circumstances before applying for this government program. Once accepted, remember that you may always access all of your information through your My Social Security Account, where you can download financial statements and request further Social Security processes.
Nonetheless, because this is an advanced payment beginning in January 2025, SSI users will earn extra money as a result of the cost of living adjustment (COLA) announced in October.
According to the official COLA rise for 2025, all Social Security beneficiaries will receive an additional 2.5% in their monthly checks. This means that recipients of the Supplemental Security Income program will receive the following payment amounts on December 31st.
| SSI benefits | Social Security checks | 2.5% COLA increase | Extra income |
| On average | $698 | $715 | $17 |
| Individuals | $943 | $967 | $24 |
| Couples | $1,415 | $1,450 | $35 |
| Essential person | $472 | $484 | $12 |
When will retirees, survivors, and disabled people receive their increased Social Security payments?
Because Social Security goes beyond Supplemental Security Income, recipients of the retiree, survivor, and disability insurance (RSDI) program will receive an annual cost-of-living adjustment (COLA) in January 2025.
The first recipients to receive enhanced Social Security payments will be those who claimed benefits before May 1997, on the third of the month. Following that payment, beneficiaries will receive checks on a staggered payment plan based on the day they were born. Below, you can see how much money these beneficiaries will make next year:
| Retirement benefits | Social Security checks | 2.5% COLA increase | Extra income |
| On average | $1,900 | $1,948 | $48 |
| Age 62 | $2,710 | $2,778 | $68 |
| Age 67 | $3,822 | $3,918 | $96 |
| Age 70 | $4,873 | $4,995 | $122 |
| Survivor benefits | Social Security checks | 2.5% COLA increase | Extra income |
| On average | $1,505 | $1,543 | $38 |
| Individual | $1,773 | $1,817 | $44 |
| 2 Children | $3,653 | $3,744 | $91 |
| Disability benefits | Social Security checks | 2.5% COLA increase | Extra income |
| On average | $1,537 | $1,575 | $38 |
| Blind recipients | $2,590 | $2,655 | $65 |
| Maximum payment | $3,822 | $3,918 | $96 |
Also See:- Extending Social Security Benefits Under the Trump Administration – Here’s What We Know So Far