Social Security Disability in November: Are Recipients Getting Additional Payments?
According to Marca, In November, recipients of Supplemental Security Income (SSI) can expect to see an extra payment due to the calendar alignment this year. Typically, SSI payments are issued on the first business day of each month. However, because December 1 falls on a Sunday, the Social Security Administration (SSA) has adjusted the schedule. Consequently, the December payment will be moved up to Friday, November 29. This adjustment means that SSI recipients will receive deposits on both November 1 and November 29.
What is SSI?
Supplemental Security Income (SSI) is a program designed to provide financial assistance to individuals with limited income and resources, particularly older adults and people with disabilities. Unlike Social Security retirement benefits, SSI is funded by the U.S. Treasury and does not require recipients to have a work history, making it accessible to those who demonstrate financial need.
2024 SSI Benefits
For 2024, the maximum monthly SSI benefits are set at $943 for individuals and $1,415 for qualifying couples. These amounts help support the essential needs of recipients.
Cost-of-Living Adjustment (COLA) for 2025
Looking ahead, beneficiaries will see a 2.5 percent cost-of-living adjustment (COLA) increase in 2025, which is a slight decrease from the adjustment in 2024. This increase raises the average monthly benefit to $1,957, helping recipients keep pace with inflation. The SSA has also released the payment schedule for 2025, allowing recipients to plan for upcoming adjustments similar to the one occurring in November.
Also read: Everything You Need to Know About Social Security Changes for Retirees
Social Security Retirement Benefits Payment Schedule
In November, recipients of standard Social Security retirement benefits will receive their payments on the following schedule:
- November 13: For individuals born from the 1st to the 10th
- November 20: For individuals born from the 11th to the 20th
- November 27: For individuals born from the 21st to the end of the month
Early Payments in 2025
Due to holiday scheduling adjustments, SSI recipients will receive some of their payments early in 2025. The January payment will be issued on December 31, 2024, since New Year’s Day is a holiday.
For February and March, payments will be made at the end of the preceding months, which means there will be no payment in March. A similar pattern will occur in May and August, where recipients will receive two payments in each of those months for the upcoming month, resulting in no SSI payments in June and September.
Conclusion
With the extra SSI payment in November and the upcoming changes in 2025, it is important for recipients to stay informed about their benefits and payment schedules. The adjustments help ensure that individuals relying on SSI can plan their finances accordingly throughout the holiday season and into the new year.