Last Social Security payment for November will hit the accounts of retirees and people with disabilities today

By: Chiefs focus

Sharing is caring!

Even though Thanksgiving is over and November is almost out, there is still a lot to look forward to this month. Benefits for the month have not yet been distributed, and although the majority of beneficiaries may be wondering what’s left, the December payment is the only one that has not yet reached recipients.

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. Beneficiaries of all November payments have already received them; the last payment, which is due on Wednesday, November 27, will be made to those who were born between November 21 and November 31. But because of a peculiarity in the calendar, there is an extra charge.

Only on days when banks are open and operating 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.

See also  Change in the law on Social Security benefits – This is the situation right now in the Senate

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.

See also  5 days to receive your next SSDI payment of $1,542 from Social Security

It will be a great way to start the new year, and the funds will be disbursed on Tuesday, December 31.

Note: Every piece of content is rigorously reviewed by our team of experienced writers and editors to ensure its accuracy. Our writers use credible sources and adhere to strict fact-checking protocols to verify all claims and data before publication. If an error is identified, we promptly correct it and strive for transparency in all updates, feel free to reach out to us via email. We appreciate your trust and support!

Leave a Comment