The Supplemental Security Income (SSI) program is always due on the first day of the month. However, if the first day is a Federal Holiday or the weekend, Social Security needs to make a change. In this way, the benefit payment for Americans with a low income will not be delayed and can be sent in advance.
This is what is going to happen in November. Even if all eligible recipients got their Supplemental Security Income payment on November 1, 2024, there will be a new payday on November 29.
Why will there be an SSI payment on November 29, 2024?
As you may have guessed, December 1 is Sunday, and the Supplemental Security Income payments will be issued on the previous business day. By doing so, Social Security sends the money on a day when SSA’s offices and banks are open.
Even if the December 1 payment has been rescheduled for November 29, 2024, there will be a payday in December. Once more, the SSI payment for January 1 will be issued on the previous business day.
Bear in mind that January 1 is a Federal Holiday. So, Social Security will send the January payment for Supplemental Security Income recipients on December 31, 2024. That implies the 2025 COLA increase of 2.5% will be included in this monthly payment in late December.
Who will receive $1,415 from SSI on November 29?
Only eligible married couples who get no reductions will receive $1,415 on November 29. This is the maximum amount for couples. Individuals can receive up to $943.
An essential person on SSI can get up to $472. Do not forget that this will be the last payment for 2024. Since the Supplemental Security Income payment on December 31 will include the 2025 COLA increase. An individual will receive up to 24 dollars extra, so it is a small boost.
SSI payments after 2025 COLA will be:
- for individuals: up to $967
- for married couples: up to $1,450
- for an essential person: up to $484