Even though Thanksgiving is over and November is almost out, there is still a lot to look forward to this month. While the majority of beneficiaries may be wondering what benefits are still owed, the Social Security Administration (SSA) has yet to distribute one payment to recipients: the December Supplemental Security Income (SSI) payment.
The additional SSI payment
Since the November SSI payment was already distributed at the start of the month and the December payment is scheduled to be sent in December, many people might be wondering what this is all about. However, the month will not unfold that way.
We need to make a clarification first. The final payment for those receiving Retirement, Disability, Family, and Survivor payments who were born between November 21 and November 31 will be made on Wednesday, November 27. All November payments have already been sent to recipients. But because of a peculiarity in the calendar, there is an extra charge.
Only on days when banks are open and the US Postal Service is operational can the SSA provide benefits. This is a tactic to avoid errors or hold-ups in checks, which could seriously harm recipients who are having financial difficulties.
would suffer financial ruin if their obligations were due and their payments were delayed. For this reason, in order to guarantee on-time delivery, payments that fall on a weekend or national holiday must be made in advance.
SSI payments often fall on a weekend and, at least once a year, on a national holiday because they are paid on the first of every month, regardless of birthdates or other benefits received.
The December benefit, scheduled for release on Sunday, December 1st, is an example of this. The reward must be disbursed on the day before banks are open and the mail is delivered, which is today, Friday, November 29, which is also Black Friday this year, because it cannot be transferred.
The truth is that Black Friday is not a national holiday, despite the fact that many Americans believe it to be since most of us take the day off work and enjoy a long weekend with friends and family. The Post Office and banks are open and running, albeit a little slowly because of all the turkey that workers may have consumed the day before.
After all, how would shops and merchants be open for us to shop if it were a national holiday?
In any case, it’s a great chance for those who qualify for SSI (adults and children with low to no income, little to no resources, a disability, blindness, or who are 65 years of age or older) to take advantage of the discounts and get ahead on some necessary shopping.
Next Social Security SSI payment
Even if the next SSI payment is planned for January, beneficiaries will still receive their next payment in December.
December will still have an SSI payment, but it will already include the new cost of living increase for the new year’s payments because the January 1st payment would fall on New Year’s Day, a national holiday, and must be distributed before that date in order to reach beneficiaries on time.
It will be a great way to start the new year, and the funds will be disbursed on Tuesday, December 31.
Also See: Miami Announces Significant Social Security Change Many Americans will be impacted.
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