A Few Special Changes to the Supplemental Security Income (SSI) Payment Calendar This December 2024 Here’s a close look at what beneficiaries can expect this month and why the payments are changing.
Why Was There No SSI Check for December?
SSI payments for December 2024 will go out on November 29 instead of their usual date in December. This change takes place due to December 1 landing on a Sunday and federal regulations that require payments due on non-business days to be paid on the last previous business day. This is not an additional payment, but simply the payment for December being issued before the month begins with no SSI payment being made in the month of December.
Payment Amounts for December
Monthly SSI payments for individuals are up to $943, while the amount for couples is up to $1,415. Essential persons who assist SSI recipients could receive up to $472. These figures also include a 3.2% cost-of-living adjustment (COLA) added to account for inflation in 2024.
Who Qualifies for SSI?
SSI is unique because it pays money to these people only if they fit certain specifications:
Age or Disability: Beneficiaries must be aged, blind, or have a physical/mental condition that limits daily activities for at least 12 months.
Income Limits: Strict financial limits apply, targeting people with little or no income.
Difference Between SSI and Social Security
Although both SSI and Social Security are administered by the Social Security Administration (SSA), SSI is need-based, serving people with low income and limited resources, and Social Security is based on work history. One does not guarantee eligibility for the other.
How to Stay Updated
To confirm the amount and schedule of payments you’ll be receiving, use SSA’s online calculator. You should also check the SSA website for updates.
Conclusion
While it can be easy to forget that SSI payments are actually made in advance of the month for which they are due, this scheduling quirk is simply 2023’s annual adjustment to ensure timely payments. Being aware of all these changes can assist the beneficiaries in making proper plans regarding finance.
Source: https://www.usatoday.com/
Frequently Asked Questions About December SSI Payments:
No SSI Payment in December 2024?
Furthermore, December’s SSI payment will be delivered one day early on November 29, 2024, because December 1 is a Sunday. Federal guidelines mandate that payments that would be scheduled to go out on weekends or holidays be issued on the last business day before that day.
Is the November 29 payment an additional check?
No, the payment on November 29 is not an extra check. The December payment was sent early due to schedule changes. Recipients continue to receive their typical monthly amounts.
What is the SSI payment amount for December 2024?
They are each to pay the following amounts:
Individuals: up to $943
Couples: up to $1,415
Essential persons: up to $472
These figures include a 3.2% cost-of-living adjustment (COLA).
