Finance

November 1 and 29 SSI Payments: What You Should Expect

by John
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If you receive both Social Security and Supplemental Security Income (SSI), there’s some good news! Starting on November 1, both payments will be issued on the same day. This means no more waiting for two separate dates if you’re someone who gets both payments. However, there is an important update regarding the payment dates for November, as well as details about future payments and upcoming cost of living adjustments (COLA).

When Are the Payments Due?

For November 1, both Social Security and SSI payments will be sent out. This is a rare occurrence, as normally these payments arrive on different days. The reason they are all being paid on November 1 is that November 3 falls on a weekend, so the Social Security Administration adjusts the payment schedule. Additionally, another payment will be sent out on November 29. This is actually an early payment for December 1, as December 1 falls on a Sunday. Therefore, the November 29 payment will be for December 1, 2024, for SSI recipients.

Payment Amounts for November

The amount of money you can expect to receive for November will stay the same as usual, with the highest payment being:
  • $943 for individuals
  • $1,415 for married couples
There’s also a payment for those who are essential, which will be $472. Keep in mind that there will be no COLA increase for these payments in November.

COLA Boost in December

Good news for SSI recipients! Starting with the December 31 payment, you will receive a 2.5% COLA increase. This means the amount you get in your monthly SSI payment will increase slightly. After the COLA boost:
  • Single recipients will receive up to $967.
  • Married couples will receive up to $1,450.
  • Essential recipients will get up to $484.
This increase will help keep up with inflation and rising costs of living. The COLA adjustment will take effect with the December 31 payment, which will be for January 1, 2025.

Help for Those Who Need It

If you know someone who is disabled, blind, or at least 65 years old and struggling to make ends meet, you can help them file for SSI benefits. This financial support is crucial for many individuals, and they may be eligible for assistance.

When will the next SSI payment be issued?

The next payment will be issued on November 1, 2024, and it will be the same day as the Social Security payment.

Why is there a payment on November 29?

The payment on November 29 is for December 1, 2024, because December 1 falls on a Sunday.

How much will I receive in November?

The maximum amounts are $943 for individuals, $1,415 for married couples, and $472 for essential recipients.

Will there be a COLA increase for SSI payments?

Yes, starting with the December 31 payment, SSI recipients will receive a 2.5% COLA increase.

Who is eligible for SSI?

SSI is available for individuals who are disabled, blind, or at least 65 years old and have limited income.
2024 SSI updates COLA boost COLA increase December 2024 SSI November 1 SSI November 2024 SSI SSI payment dates SSI payments

John

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