Official from Social Security – The 3 remaining SSI payments still to be made in 2024

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Some Social Security beneficiaries may have noticed an unusual activity on next month’s calendar. In fact, a plus SSI check payment that will be paid next November.

This minor change on the Social Security Administration’s schedule may not come as a surprise to those who follow the administration’s 2024 schedule – which marks out dates for the various types of payments all along the year. Nevertheless, for those users who were used to seeing their money in the bank account at the beginning of the month, this change may be confusing for some of them.

The explanation is simple: the calendar. Even a small change can be the cause of doubt, considering that 7.5 million people receive SSI benefits this year.

The same situation that results in two checks for November means there won’t be a check in December. SSI recipients had to deal with the same problem in August – when back in September they received two checks for September and one for the previous month.

Two check in November: questions and answers.

Recipients of Supplemental Security Income are theoretically about to receive two November checks because of scheduling quirks. Almost always, SSI benefits – payments for those who are income seniors and disabled people, come on the first business day of every single month, however, since December 1 – falling on Sunday this year – SSI payments for the month of December will be delivered the Friday before, according to the SSA schedule.

As a result, the SSI check will be released on this date: November 1st and 29th

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SSI: the explanation

Supplemental Security Income – most commonly recognized as SSI – is separate from Social Security retirement benefits.

As AARP explains, the SSA distributes SSI benefits but does not pay for them. While Social Security benefits are largely funded by income taxes, SSI is funded by the U.S. Treasury and state supplements.

SSI’s primary goal is to help the elderly and people with disabilities. Meanwhile, a variety of elements are about to determine the eligibility, the SAA explains that adult or children may be entitled to the benefits if they are in these situations:

  • Little or no income
  • Little or no resources
  • A disability, blindness or are 65 or older

The benefit that an individual can reach as a maximum in 2024 is $943 and $1,415 for couples in case the parties are qualified.

The benefits of SSI are different: from what is mostly known as “disability” or Social Security Disability Insurance – whose history determines. SSDI is responsible for paying benefits to those who have a disability and have also contributed a certain amount to Social Security through income taxes after having worked many years to qualify. In addition, SSI does not ask for a work history.

The probability of increment in 2025 by Social Security

Early October, The Social Security Administration communicated that 2025 the cost-of-living adjustment (COLA) will be 2.5%.

Ordinary beneficiaries’ payments will rise monthly $50 the incoming year to $1,957 up from $1,907 in January 2024. Every year COLA is about to keep beneficiaries’ obtaining benefit from being faded away by inflation.

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November Social Security payment planning

The SSA releases its yearly distribution schedules well ahead. So recipients can start planning ahead with the already-released 2025 calendar. As it stands, several months in 2025 will follow a similar pattern to this November’s SSI payment quirk.

Simplified SSI applications coming this year

Last week, the SSA announced that it will be rolling out a new, streamlined process for Americans to apply for SSI benefits later this year.

iClaim, the brand new online system, will presented in a more simple way, plain language questions meant to promote the process for both applicants, according to a prees declarations from the agency.

At the moment, not all applicants will be able to have admission the new system, at the time it initiates rolling out. In addition, the SSA exposed that the period on December will normally be available for first-time applicants between 18 and nearly 65 —who never married and are simultaneously applying for Social Security welfare and SSI.

The second step to increase this to all aspirant is slated for the next year.

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